1、THAILAND INDUSTRY OUTLOOK 2022-24Ready-to-eat FoodKrungsri ResearchSeptember 2022All material presented in this report,unless specifically indicated otherwise,is under copyright to Krungsri Research.None of the material,nor its content,nor any copy of it,may be altered in anyway,or copied to any oth

2、er party,without the prior express written permission of Krungsri Research.This document is based on public information believed to be reliable.Nevertheless,Krungsri Research would not affirm the accuracy and completeness of this information.We accept no liability whatsoever for any direct or conseq

3、uential loss arising from any use of this document or its content.Information,opinions and estimates contained in this report are our own,which are not necessarily the opinions of Bank of Ayudhya Public Company Limited and its affiliates.It reflects a judgment at its original date of publication by

4、Krungsri Research and are subject to change without notice.DisclaimerFor research subscription,Subscribe UsAuthorWanna YongpisanphobA+662 296 4755EXECUTIVE SUMMARY3Krungsri ResearchSales of ready-to-eat food will increase through 2022-2024.The domestic market,the main source of income for the indust

5、ry,will be buoyed by sales of instant noodles,as weak spending power encourages consumers to turn to low-cost foods.Sales of chilled and frozen food are also expected to rise with the spread of modern trade outlets,of which are the main distribution channel.In addition,ongoing urbanization is also e

6、ncouraging consumers to adopt lifestyles that place a greater premium on convenience and speed,which will naturally translate into stronger sales of ready-to-eat meals.Exports are also expected to perform well in the coming period.Overseas sales of instant noodles will benefit from the easing of the