Country aims for 2-5% growth in future food exports - News Summed Up

Country aims for 2-5% growth in future food exports


Country aims for 2-5% growth in future food exportsIn 2022, future food exports tallied 142 billion baht, up 24% year-on-year. In 2023, the value of exports of future food amounted to 143 billion baht, up 1% from 2022, accounting for 9% of all food exports. The most popular segment of future food was functional food and functional ingredients, valued at 128 billion baht, up 1%, accounting for 89.5% of all future food exports. Functional food products, such as energy drinks, probiotic yogurt, and kombucha hold a dominant position in the market, comprising 97% of all Thai future food products. Organic food refers to food products that are grown or processed without chemicals and genetic modification while medical food refers to food products that are used instead of medicine or as supplements and are provided under a doctor's supervision.


Source: Bangkok Post May 01, 2024 13:01 UTC



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