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30 May 2024

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Thai Halal food and beverage exports may shrink by 0.8% in 2024 Thailand’s aims to become a regional halal hub remains challenging (Current Issue No.3501 Full Ed.)

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Thai Halal food and beverage exports may shrink by 0.8% in 2024 Thailand’s aims to become a regional halal hub remains challenging

  • Thailand's halal food and beverage exports are projected to shrink in 2024, pressured by production and prices, competition with the world’s major exporters in many categories, and the high base of the previous year.
  • The outlook for Thai halal food and beverage shipments remains bright if confidence among Muslim consumers towards Thai products can be enhanced. Additionally, investment and competition must focus on quality while more marketing is needed through international trade negotiations.

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