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The global Thai cuisine market size is projected to grow at a CAGR of 7.20% between 2025 and 2034. The major market drivers include increasing availability of Thai food and changing food preferences of consumers.
Thai cuisine encompasses of lightly prepared dishes with a spicy edge and strong aromatic components including lime leaves, lemongrass, and gingers, among others. The cuisine features both vegetarian and non-vegetarian dishes that balance spicy, sweet, and sour flavours to perfection in stir fries, curries, salads, and soups.
Based on type, the market is divided into street food, meal kit, and fine dining. By application, the market is categorised into restaurants and processed food, among others. On the basis of region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global Thai cuisine market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Street food is anticipated to account for a significant Thai cuisine market share owing to the popularity, affordability, and authenticity of the street food. Thai street food offers dishes made from rice served in classic bowls, including rice noodles. Street food also allows food enthusiasts to enjoy the cuisine in an affordable manner. Street food markets and stalls attract both local as well as tourists towards them, boosting the segment growth.
Restaurants are expected to hold a significant share of the market as Thai cuisine is served and enjoyed globally by consumers in various small eateries and restaurant chains among others. Restaurants are believed to have an assorted menu with dishes inspired by different regions of Thailand. Some even hire specialised Thai cuisine chefs to provide their customers with authentic taste of the cuisine in different countries. Additionally, restaurants offer excellent social setting and ambience, providing customers with authentic Thai dishes and desserts, aiding the Thai cuisine market growth.
MTY Food Group Inc., founded in 1979 and headquartered in Montreal, Canada, is an operator and franchisor of various casual dining, quick service, and fast casual restaurants. The brands under the food group include Koya Japan and Thai Express, among others.
McCormick & Company Inc. is a spice and extract manufacturing company that was founded in 1889 and is headquartered in Maryland, United States. The company is known for manufacturing and distributing condiments and spices, among other flavouring food products to food manufacturers.
Narathai Cuisine Co., Ltd. was established in 2003 and has its headquarters located in Bangkok, Thailand. The company offers a variety of food products including salads, noodles, rice, and soups, among others.
Other Thai cuisine market key players include Le Du, SanehJaan, Greyhound Café, Siam House, Bangkok Express, Exquisine System(HK) Co., Ltd., and Sri Tart Aroy-D Thai, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 7.20% between 2025 and 2034.
The major market drivers include increasing availability of Thai food and changing food preferences of consumers.
The key trends fuelling the growth of the market include growing initiatives by the government of Thailand to promote Thai cuisine globally, rising health consciousness, and increasing international tourism.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The various types of Thai cuisine include street food, meal kit, and fine dining.
The significant applications include restaurants and processed food, among others.
The unique combinations of different ingredients including bold spices and peanuts, among others, provides rich flavours to the consumers, boosting the popularity of the cuisine.
The key players in the market are MTY Food Group Inc., McCormick & Company Inc., Narathai Cuisine Co., Ltd., Le Du, SanehJaan, Greyhound Café, Siam House, Bangkok Express, Exquisine System(HK) Co., Ltd., and Sri Tart Aroy-D Thai, among others.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
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+91-723-689-1189
Philippines
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+63-287-899-028, +63-967-048-3306
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United States
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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