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    Home > Food News > Food Articles > Thailand's entry into the future of food ingredients still has limitations

    Thailand's entry into the future of food ingredients still has limitations

    • Last Update: 2021-11-01
    • Source: Internet
    • Author: User
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    Comprehensive Thai media recently reported that consumer trends are changing with the times, turning to health care and choosing natural and high-quality foods , which makes Thailand's future food quickly attracted attention, and promotes the sustainable growth of the food industry worth hundreds of billions of baht each year.
    Opportunities and challenges of food value
    .
    The Thai Chamber of Commerce believes that food security is one of the goals set by the United Nations.
    While achieving sustainable development (SDG), it pays attention to environmental issues, so that future food products will continue to grow in the next 5 years based on the current value of 2030 billion US dollars.
    Trend
    .
    In the future, food will be diversified in terms of name, type, and composition, not only from vegetables and fruits, but from animal brains, insects, animal cells, and other sources, such as microorganisms and minerals that can produce meat and textures.
    , This kind of food has the concept of astronaut food and the function of replacing protein, and has been produced and sold abroad
    .
    If compared with the value of future food exports 10 years ago (2010-2020), Thailand’s future food exports will increase in proportion.
    For example, Thailand’s food exports in 2021 are worth 820.
    77 billion baht, of which future food exports will be 55.
    38 billion baht
    .
    During the 2020 epidemic, Thailand’s food exports were 1.
    090 billion baht, of which future food exports would be 123.
    14 billion baht, accounting for 10%
    .
    From January to August 2021, food exports will be 806.
    43 billion baht, and future food exports will be 71.
    57 billion baht
    .
       However, Thailand's future food development still has certain limitations in raw materials, especially the lack of raw materials, such as the lowest cost soybean raw materials, Thailand needs to import 3 million tons of soybeans every year
    .
    Thailand has abundant raw materials such as banana flowers, mushrooms, and seaweed, which can be developed into future foods
    .
    In addition, Thailand has expertise in food, but it needs to develop and develop into plant foods, so as to produce products that are not only plant proteins, in order to increase consumer choice
    .
       At the same time, the output of this kind of food is limited, and the production cost is high, especially in terms of R&D, registration, sample analysis, and the high initial cost of technology and production equipment that must rely on imports, thus lacking cost consistency and accuracy
    .
       Thailand’s future food development must adapt to market demand.
    If it enters the UK market, it must produce products that British consumers want and develop new products such as mung beans.
    Meet the expansion of midstream materials
    .
    But this requires the government to issue specific support policies.
    For example, Singapore clearly stipulates that holding shares must be invested in Singapore, while Australia focuses on organic development
    .
    Therefore, how does Thailand use its own advantages in agriculture, how to specify which plants to use to produce future food, and the regional government to formulate plant sandboxes should provide support
    .
    The production of food must adhere to low carbon, and all countries are striving for the government to provide financial support.
    The most important thing is to ensure the safety of food
    .
       The Thai Convenience Food Manufacturers Association believes that the concept of food in the future will last for 10-30 years.
    The government should formulate clear policies on the future development direction and make provisions for the overall development thinking.
    If we do not promote it as soon as possible, we will be slow.
    One step, from now on there are only five quarters to stimulate the economy.
    If this is not possible, the results will be worrying
    .
    However, most food production in the future will require imported raw materials, so there should be multiple prices to produce products required by different consumer groups.
    For example, the government should develop cash crops for future food production in addition to generations, formulate important goals and establish a common knowledge system.
    Development
    .
       The epidemic has made everyone pay more attention to their own health.
    Thailand's future food direction can see a rich variety of crops
    .
    Protein-based companies need to pay attention to three aspects, have huge investment, and have many competitors, especially the lack of raw material allocation quotas, in order to reduce their dependence on soybeans
    .
    But now Thai brands have begun to produce food for export, and are supported by the Ministry of Commerce.
    At the same time, they must stimulate domestic consumption and increase publicity
    .
       The upstream and middle reaches of the food industry chain in the future are very important, and the market is also important.
    If Thailand is to become a world kitchen, it needs to produce unique future foods.
    At the same time, it also needs to be promoted to let foreigners know, "stand eating balls" If advertising is successful, it will also help increase the economic value of tourism, hospitality, and other industries
    .
    The development of food in the future may become the path for Thailand's economy to formally enter the development of biological, recycling and green economic policies
    .
    Health food   The Thai Chamber of Commerce believes that food security is one of the goals set by the United Nations.
    While achieving sustainable development (SDG), it pays attention to environmental issues, so that future food products will continue to grow in the next 5 years based on the current value of 2030 billion US dollars.
    Trend
    .
       In the future, food will be diversified in terms of name, type, and composition, not only from vegetables and fruits, but from animal brains, insects, animal cells, and other sources, such as microorganisms and minerals that can produce meat and textures.
    , This kind of food has the concept of astronaut food and the function of replacing protein, and has been produced and sold abroad
    .
       If compared with the value of future food exports 10 years ago (2010-2020), Thailand’s future food exports will increase in proportion.
    For example, Thailand’s food exports in 2021 are worth 820.
    77 billion baht, of which future food exports will be 55.
    38 billion baht
    .
       During the 2020 epidemic, Thailand’s food exports were 1.
    090 billion baht, of which future food exports would be 123.
    14 billion baht, accounting for 10%
    .
    From January to August 2021, food exports will be 806.
    43 billion baht, and future food exports will be 71.
    57 billion baht
    .
       However, Thailand's future food development still has certain limitations in raw materials, especially the lack of raw materials, such as the lowest cost soybean raw materials, Thailand needs to import 3 million tons of soybeans every year
    .
    Thailand has abundant raw materials such as banana flowers, mushrooms, and seaweed, which can be developed into future foods
    .
    In addition, Thailand has expertise in food, but it needs to develop and develop into plant foods, so as to produce products that are not only plant proteins, in order to increase consumer choice
    .
       At the same time, the output of this kind of food is limited, and the production cost is high, especially in terms of R&D, registration, sample analysis, and the high initial cost of technology and production equipment that must rely on imports, thus lacking cost consistency and accuracy
    .
       Thailand’s future food development must adapt to market demand.
    If it enters the UK market, it must produce products that British consumers want and develop new products such as mung beans.
    Meet the expansion of midstream materials
    .
    But this requires the government to issue specific support policies.
    For example, Singapore clearly stipulates that holding shares must be invested in Singapore, while Australia focuses on organic development
    .
    Therefore, how does Thailand use its own advantages in agriculture, how to specify which plants to use to produce future food, and the regional government to formulate plant sandboxes should provide support
    .
    The production of food must adhere to low carbon, and all countries are striving for the government to provide financial support.
    The most important thing is to ensure the safety of food
    .
       The Thai Convenience Food Manufacturers Association believes that the concept of food in the future will last for 10-30 years.
    The government should formulate clear policies on the future development direction and make provisions for the overall development thinking.
    If we do not promote it as soon as possible, we will be slow.
    One step, from now on there are only five quarters to stimulate the economy.
    If this is not possible, the results will be worrying
    .
    However, most food production in the future will require imported raw materials, so there should be multiple prices to produce products required by different consumer groups.
    For example, the government should develop cash crops for future food production in addition to generations, formulate important goals and establish a common knowledge system.
    Development
    .
       The epidemic has made everyone pay more attention to their own health.
    Thailand's future food direction can see a rich variety of crops
    .
    Protein-based companies need to pay attention to three aspects, have huge investment, and have many competitors, especially the lack of raw material allocation quotas, in order to reduce their dependence on soybeans
    .
    But now Thai brands have begun to produce food for export, and are supported by the Ministry of Commerce.
    At the same time, they must stimulate domestic consumption and increase publicity
    .
       The upstream and middle reaches of the food industry chain in the future are very important, and the market is also important.
    If Thailand is to become a world kitchen, it needs to produce unique future foods.
    At the same time, it also needs to be promoted to let foreigners know, "stand eating balls" If advertising is successful, it will also help increase the economic value of tourism, hospitality, and other industries
    .
    The development of food in the future may become the path for Thailand's economy to formally enter the development of biological, recycling and green economic policies
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

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