BMI View: Increasing affluence, high female labour participation and an expanding mass grocery retail
sector will modernise consumption patterns which will provide strong growth impetus for the food and
drink industry. Premiumisation will become more pronounced over o ..."
Thailand's Dairy and Soy Food market is forecast to register growth in value as well as volume terms during 2015-2020. The Milk category had the largest volume share in 2015 while the Yogurt category is projected to witness the fastest growth d ..."
Beer posted a good growth aided by the impressive growth of the new Chang beer and celebrations around the New Year festive season. Chang Classic was released in an emerald green bottle with a champagne gold label in order to make the brand loo ..."
BMI View: Thailand's food and drink industry will see robust growth over 2016, driven by the tourism
sector and rising incomes. Strong growth in the tourism sector will drive premiumisation trends, which will
boost value growth across the board. Additionally, high fem ..."
BMI View: Thailand's food and drink industry will grow steadily over 2016 despite the fact that household
spending remains under pressure. As household spending gradually recovers and incomes rise, we expect
consumers to embrace premiumisation, thus growing industry v ..."
BMI View: Thailand's household spending will remain under pressure over the coming quarters, as the
consumer recovery takes time to gain traction despite low inflation levels. Over the longer term, household
incomes will increase steadily, which will bolster consumpti ..."
Some of the key trends noted across Thailand include: consumers starting to watch their sugar intake especially in western markets where low calorie variants are taking share, or consumers moving towards packaged water and flavoured waters; fru ..."
Thailand's Spirits market is forecast to register growth in value as well as volume terms during 2014-2019. The Specialty Spirits category will have the largest volume share while Vodka will be the fastest growing category during 2014-2019. The ..."
BMI View: Since the last quarter, our Asia Country Risk Team has revised down our real GDP growth
forecasts to 3.5% in 2015 and 4.1% in 2016. Despite still robust macroeconomic fundamentals, the outlook
for Thailand's economy for the next two years has weakened signif ..."
Political deadlock and widespread protests in the first half of the year saw a massive decline in both off and on-premise volumes showing a decline in the overall beer market. A new excise tax was introduced rising all retail prices. Both Boon ..."