Thailand Food & Drink Q2 2019
Thailand's food and drink sectors present a varied growth outlook over our forecast period. In the food sector, we projectstrong growth in convenience and health-focused food such as pasta and cereal, and fruits and vegetables respectively. Within thedrinks sector, we remain optimistic on the non-alcoholic drink sector, with juices and hot drinks outperforming. We anticipate a dropin alcohol consumption in the country due to ongoing anti-alcohol lobbying and growing health-consciousness. That said,premiumisation opportunities are present as consumers move up the price point, with wine projected to see the fastest growth insales.
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