Thailand Caviar Market- Trend Analysis & Forecasts
Description
Thailand Caviar Market Overview:
Thailand’s caviar market is small but accelerating, with 2024 demand at ** tonnes and imports at ** tonnes; market value was about US$ ** million and is projected to reach nearly US$ ** million by 2030 at a CAGR of **%. Growth is anchored by luxury tourism, fine-dining adoption in Bangkok, Phuket, and Chiang Mai, and early domestic output from northern aquaculture hubs, while re-exports to ASEAN neighbors lift throughput.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the Thailand’s caviar market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
Expansion is propelled by >28 million 2023 tourist arrivals feeding HoReCa demand, a high-income segment growing **% annually, and improved cold-water sturgeon farming in Chiang Mai/Chiang Rai targeting Siberian and Ossetra. E-commerce for premium foods is rising by **% year-on-year, government aquaculture grants and HACCP facilities support supply, and Thailand’s logistics hub status enables regional redistribution of **% of imported caviar.
Market Restraints & Challenges
Penetration is capped by ultra-premium pricing at THB 4,500–12,000 per 50g, long 5–7 year sturgeon maturation cycles, and tight CITES/biosecurity rules for species imports. Limited consumer education beyond fine dining, exposure to geopolitical and FX shocks on imports from Russia/Iran/Europe, and cold-chain costs that keep Thai retail 15–25% above origin prices add volatility.
Market Segmentation
Species demand is led by Siberian (share %) and Ossetra (%), with niche uptake of Sevruga/Kaluga (**%); Beluga is most desired but restricted. HoReCa accounts for **% of 2024 volume, premium retail and online for **%, and farm/DTC channels about **%. Price tiers bifurcate into ultra-premium (US$ **+/50g; % share) from France/Iran/Russia and mid-tier (% share) from China and emerging Thai farms.
Competitive Landscape
Imports are dominated by Calvisius, Prunier, Royal Belgian, and Chinese hybrids, anchored in five-star hotel contracts; domestic leaders Chiang Mai Caviar and Thai Sturgeon Co. hold **% of local output and supply Michelin venues while scaling online. Distributors such as Thammachart Seafood, Global Premium Foods, and Gourmet Market control cold-chain and licensing, creating high entry barriers and favoring brands with traceability and chef partnerships.
Outlook
By 2030, Thailand is projected to handle over ** tonnes annually, with domestic production rising from ** kg in 2024 toward ** tonnes and exports exceeding ** kg, chiefly to Singapore, Malaysia, and the UAE. Imports in 2024 totaled ** tonnes worth US$ ** million, with source shares from France (%), China (%), Italy (%), and Iran (%); import prices climbed from US$ 900/kg in 2018 to US$ **/kg in 2024, with seasonal spikes of 8–12%. Continued investment in aquaculture, cold chain, and trade agreements should shift Thailand from price-taker to a boutique regional supplier with steadier, traceable mid-premium offerings.
Scope of the Report:
• Historical Years: 2018-2023
• Base Year: 2024
• Forecast Period: 2025-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By Type (Sturgeon Caviar and Non-Sturgeon Caviar)
By Price Tier (Ultra-premium and Mid-tier Options)
By Distribution Channel (HoReCa, Premium Retail, and Online Channels)
• Companies Profiled: The market players include, Chiang Mai Caviar, Thai Sturgeon Co. Ltd., Thammachart Seafood, Gourmet Market – The Mall Group, Calvisius Caviar, Prunier Caviar, Royal Belgian Caviar, Iranian Beluga Co., China Sturgeon Company, and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
Thailand’s caviar market is small but accelerating, with 2024 demand at ** tonnes and imports at ** tonnes; market value was about US$ ** million and is projected to reach nearly US$ ** million by 2030 at a CAGR of **%. Growth is anchored by luxury tourism, fine-dining adoption in Bangkok, Phuket, and Chiang Mai, and early domestic output from northern aquaculture hubs, while re-exports to ASEAN neighbors lift throughput.
Primary Areas/ Elements of Research & Analysis
The report provides comprehensive and valuable insights into the supply and demand dynamics of the Thailand’s caviar market. Below are the variables considered and analyzed in the report:
• Supply-demand trends, market growth, and trade
• Market structure, conduct, and performance analysis
• Historical and forecasted market size (volume & value)
• Trade analysis (export & import), including key partners, quantities, values, and price trends
• Supply chain mapping, pricing, and regulatory framework
• Competitive landscape profiling of key players
• Factors influencing market performance, including sustainability trends
Market Growth Factors
Expansion is propelled by >28 million 2023 tourist arrivals feeding HoReCa demand, a high-income segment growing **% annually, and improved cold-water sturgeon farming in Chiang Mai/Chiang Rai targeting Siberian and Ossetra. E-commerce for premium foods is rising by **% year-on-year, government aquaculture grants and HACCP facilities support supply, and Thailand’s logistics hub status enables regional redistribution of **% of imported caviar.
Market Restraints & Challenges
Penetration is capped by ultra-premium pricing at THB 4,500–12,000 per 50g, long 5–7 year sturgeon maturation cycles, and tight CITES/biosecurity rules for species imports. Limited consumer education beyond fine dining, exposure to geopolitical and FX shocks on imports from Russia/Iran/Europe, and cold-chain costs that keep Thai retail 15–25% above origin prices add volatility.
Market Segmentation
Species demand is led by Siberian (share %) and Ossetra (%), with niche uptake of Sevruga/Kaluga (**%); Beluga is most desired but restricted. HoReCa accounts for **% of 2024 volume, premium retail and online for **%, and farm/DTC channels about **%. Price tiers bifurcate into ultra-premium (US$ **+/50g; % share) from France/Iran/Russia and mid-tier (% share) from China and emerging Thai farms.
Competitive Landscape
Imports are dominated by Calvisius, Prunier, Royal Belgian, and Chinese hybrids, anchored in five-star hotel contracts; domestic leaders Chiang Mai Caviar and Thai Sturgeon Co. hold **% of local output and supply Michelin venues while scaling online. Distributors such as Thammachart Seafood, Global Premium Foods, and Gourmet Market control cold-chain and licensing, creating high entry barriers and favoring brands with traceability and chef partnerships.
Outlook
By 2030, Thailand is projected to handle over ** tonnes annually, with domestic production rising from ** kg in 2024 toward ** tonnes and exports exceeding ** kg, chiefly to Singapore, Malaysia, and the UAE. Imports in 2024 totaled ** tonnes worth US$ ** million, with source shares from France (%), China (%), Italy (%), and Iran (%); import prices climbed from US$ 900/kg in 2018 to US$ **/kg in 2024, with seasonal spikes of 8–12%. Continued investment in aquaculture, cold chain, and trade agreements should shift Thailand from price-taker to a boutique regional supplier with steadier, traceable mid-premium offerings.
Scope of the Report:
• Historical Years: 2018-2023
• Base Year: 2024
• Forecast Period: 2025-2030
• Units: Value (US$ Million) and Volume (Thousand Tonnes)
• Segments Covered:
By Type (Sturgeon Caviar and Non-Sturgeon Caviar)
By Price Tier (Ultra-premium and Mid-tier Options)
By Distribution Channel (HoReCa, Premium Retail, and Online Channels)
• Companies Profiled: The market players include, Chiang Mai Caviar, Thai Sturgeon Co. Ltd., Thammachart Seafood, Gourmet Market – The Mall Group, Calvisius Caviar, Prunier Caviar, Royal Belgian Caviar, Iranian Beluga Co., China Sturgeon Company, and Others.
Please note: It will take 4-5 business days to deliver the report upon receipt the order.
Table of Contents
132 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1. Objectives & Scope of the Study
- 2.2. Definitions & Economic Importance
- 2.3. Research Methodology
- 2.4. Factors and Decision Matrix Analysis
- 2.5. Limitations & Challenges
- 3. Product/ Market Overview
- 3.1 Evolution/ Origin & Geographic Suitability
- 3.2 Caviar: Product Variants
- 3.3 Caviar Supply Seasonality
- 3.4 Processing & Grading
- 3.5 Regulatory Analysis
- 4. Thailand: Country Profile
- 5. Global Caviar Market Overview
- 6. Thailand Caviar Market Growth Factors Analysis
- 6.1. Drivers and Restraints Analysis
- 6.2. Challenges and Opportunities Analysis
- 6.3. Industry SWOT Analysis
- 6.4. Thailand Caviar Market PESTEL Analysis
- 6.5. Thailand Caviar Market Porter's Five Forces analysis
- 6.6. Aquaculture Farming Trend
- 7. Thailand Caviar Market: Supply Analysis
- 7.1. Caviar Supply Analysis (Production)
- 7.2. Caviar Supply Analysis, by Type
- 8. Thailand Caviar Market: Demand Analysis
- 8.1. Domestic Caviar Demand
- 8.3. Caviar Supply Chain
- 9. Thailand Caviar Market: Segmentation Analysis
- 9.1. By Type
- 9.1.1. Sturgeon Caviar
- 9.1.2. Non-Sturgeon Caviar
- 9.2. By Price-tier
- 9.2.1. Ultra-premium
- 9.2.2. Mid-tier
- 9.3. By Distribution Channel
- 9.3.1. HoReCa
- 9.3.2. Premium Retail
- 9.3.3. Online Channels
- 10. Thailand Caviar Market: Trade (Export & Import) Analysis
- 10.1. Caviar Import Trend
- 10.2. Top 10 Import Origins of Thailand Caviar
- 11. Thailand Caviar Market: Price Trend Analysis
- 11.1. Domestic Price Trend
- 11.2. Trade Price Trend
- 11.3. Price Seasonality
- 12. Competitive Landscape
- 12.1. Thailand Caviar Market Mapping
- 12.1.1. List of Key Countries Exporting Caviar to Thailand
- 12.1.2. List of Key Companies Exporting & Importing Caviar to Thailand
- 12.2. Company Profiles
- 12.2.1. Chiang Mai Caviar
- 12.2.2. Thai Sturgeon Co. Ltd.
- 12.2.3. Thammachart Seafood
- 12.2.4. Gourmet Market – The Mall Group
- 12.2.5. Calvisius Caviar
- 12.2.6. Prunier Caviar
- 12.2.7. Royal Belgian Caviar
- 12.2.8. Iranian Beluga Co.
- 12.2.9. China Sturgeon Company
- 12.2.10. Global Premium Foods Co. Ltd.
- 12.2.11. Beluga Imperial
- 12.2.12. King Oscietra Thailand
- 12.2.13. Siam Sea Treasure Co. Ltd.
- 12.2.14. Ecolife Caviar
- 13. Conclusion
- 14. Appendix
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