Competitive Landscape
Lactasoy under Pressure as Oat and Almond Options Gain Ground
Plant-based dairy in Thailand remains highly concentrated, with the top three players, Lactasoy Co Ltd, Green Spot (Thailand) Co Ltd (Vitamilk) and Dairy Plus Co Ltd (DNA), holding a combined value share of 83%. Leader Lactasoy is set to account for 47% share, followed by Green Spot at 22% and Dairy Plus at 15%.
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Overview:
Understand the latest market trends and future growth opportunities for the Plant-based Dairy industry in Thailand with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Plant-based Dairy industry in Thailand, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The Plant-based Dairy in Thailand report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of Plant-based Dairy in Thailand?
- Which are the leading brands in Plant-based Dairy in Thailand?
- How are products distributed in Plant-based Dairy in Thailand?
- How is the rise of e-commerce and/or the expansion of modern grocery retail impacting traditional retail?
- What are the key health and wellness concerns driving, or challenging, sales in Plant-based Dairy?
- How significant are vegan and vegetarian dietary requirements in determining sales growth in Thailand?
- Where is future growth expected to be most dynamic?
- How significant will values-based claims, such as sustainability and ethical labelling, be in supporting future growth and brand equity?
Plant-Based Dairy in Thailand - Category analysis
Key Data Insights
Plant-Based Dairy Summary
Soy Drinks under Pressure as Almond and Oat Milk Drive Growth in Thai Plant-Based Dairy
Simple Foods Leverages Pricing Reset to Broaden Consumer Reach
Dna’S High-Protein Soy Drinks Bridge Value and Premium Demand
Format Diversification and Premiumisation to Drive Plant-Based Dairy Growth in Thailand
Oatside Leverages Coffee Culture to Drive New Usage Occasions
Dutch Mill to Build Credibility with Protein-Focused Brand Launches
Lactasoy under Pressure as Oat and Almond Options Gain Ground
Shifting Shopping Habits Reshape Offline Retail for Plant-Based Dairy in Thailand
Tiktok Shop Drives Discovery and Trial for Premium Beverages
Nutritional Transparency and Coffee Culture Redefine Product Development
Local Production and Dedicated Health Brands Lead Recent Launches
Portfolio Expansion and Credibility-Driven Differentiation Secure Competitive Advantage
Dairy Products and Alternatives in Thailand - Industry Overview
2026 Developments
Key Data Insights
Selective Consumption and Category Divergence Shape Dairy Products and Alternatives in Thailand
Lactasoy Drives Protein Trend with Shelf Stable Innovation
Precision-Driven Functional Innovation to Shape Industry's Future Growth in Thailand
Dairy Will Maintain Dominance While Plant-Based Alternatives Set to Accelerate Growth
Portfolio Segmentation to Widen Access as Population Declines
Dutch Mill Sustains Lead with Innovation and Broad Reach
Convenience Chains Boost Reach as Shoppers Shift From Bulk to Proximity
Shopee and Lazada Drive Premium Dairy Online as Digital Strategies Evolve
Foodservice Strengthens Its Role as an Innovation Incubator for Thai Dairy Products and Alternatives
Format Diversification and Cross-Channel Engagement Redefine Product Development
Targeted Marketing and Flavour Extension Lead Recent Market Activity
Portfolio Agility and Brand Coherence Secure Long-Term Competitive Advantage
Country Reports Disclaimer
The following categories and subcategories are included:
Plant-based Dairy
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- Soy Drinks
- Other Plant-based Milk
- Plant-based Yoghurt
- Plant-based Cheese
Plant-based Dairy
This is the aggregation of plant-based milk, plant-based yoghurt and plant-based cheese. Please note that plant-based dairy products that are not milk, yoghurt or cheese are tracked under their core dairy categories (e.g. powder milk, margarine and spreads, coffee whiteners etc.)
See all of our definitionsWhy buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our Plant-based Dairy research and analysis database.
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