Business delegation Thailand

The Danish Agriculture and Food Council, in cooperation with the Danish Embassy in Bangkok, is now offering a tailor-made business delegation visit to Thailand for Danish suppliers to the highly advanced food processing industry in Thailand – building on the successful business matchmaking visit in September 2023.

Why Thailand

• Thailand has the second largest GDP in ASEAN with a dynamic, expanding consumer market supported by a fast-growing middle class. Urbanisation has increased from 45% in 2012 to 52% in 2023
• Thailand is called “the kitchen of the world” with its abundant natural resources, highly skilled workforce, and strength in research. Thailand is one of the largest net food exporting countries, ranked 12th in the world and the second in Asia in 2023
• Thailand targets to become ASEAN's processed food hub by 2027
• With a population of 70 million people, Thailand’s food retail sales reached $5,1 billion in 2022 and projected to grow with 3% annually. This combined with increase of disposable income increases the demand for processed foods
• Thailand exported $26,5 billion in processed food products in 2023 and imported worth $8,2 billion. The total 2023 exports of agricultural and related products reached $48,9 billion
• Thailand recorded more than 28 million arrivals of international tourists in 2023, generating $61 billion in revenue

The Food Processing Sector

• Hosting more than 9,000 food processing companies in Thailand, the country is the main producer and exporter for several processed foods including canned tuna, frozen seafood, shrimp, and chicken
• Processed food exports contribute about 52% of total food exports and account for nearly 15% of Thai manufacturing output
• Thailand produced over 2.8 million tons of chicken and over 280,000 tons of shrimp in 2023, placing the country in the top five globally as both a chicken and shrimp exporter. Approximately 70% of poultry production is locally consumed
• The country is a top-ten global producer of some important agricultural products including rice, cassava, sugarcane, palm oil, coconut and pineapple. By prioritizing R&D, the country is becoming an important production hub for advanced food ingredients from cassava starch such as artificial sweeteners, e.g. maltitol, crystalline, sorbitol, and high-quality monosodium glutamate (MSG). Many leading global food manufacturers process their food ingredient products in Thailand.
• Thailand is also a prime production base for ready meals. In 2023 sales of ready meals in Thailand reached $755 million and with export sales reaching almost the same. An area with very high growth rates of more than 10% annually for the past 5 years.
• The need for sustainable and environmental-friendly packaging is in very high demand.
• Thailand imported agriculture related products, mainly for further processing, for $22,49 billion.

Strong government support

• Food Innopolis was established at Thailand Science Park in 2016. Totalling 124,000 square meters, it is a fully equipped facility offering both wet and dry laboratories and an array of available resources. This is meant to be breeding ground for new innovations.
• The Thai Board of Investment is giving tax breaks and other incentives to modernize the industry even further, meaning that large corporations are more likely to invest in foreign technology otherwise out of budget.

Thailand has a growing demand for

• Advanced Industrial food processing equipment
• Healthy and functional food ingredients
• Ingredients for the confectionery and dairy industry. Novel ingredients include emulsifiers, flavours, spices, enzymes, proteins, and preservatives
• Ingredients / bio solutions for the feed industry
• Sustainable packaging solutions
• Bio-solutions to extend shelf time
• Water and energy technology for improved efficiency and cost saving
• Environmentally sustainable and eco-friendly products with increasing focus on product quality

Who should join?

Companies specializing in food processing and manufacturing:

• Food processing equipment and innovators (i.e., food, ready to eat, dairy, beverage)
• Food Safety and Quality Control
• Advanced Food Ingredients Solutions
• Environmentally friendly Packaging solutions

• Sustainable Practices, Circular Economy solutions and technology
• Automation, Digitalisation and Robotics
• Supply Chain & Logistics Services and Software

Programme 12-14 November 2024

Day 1: Tuesday 12 November

• Arrival Bangkok and hotel check in.
• Business Matchmaking and Networking dinner at the Ambassador’s Residence

Day 2: Wednesday 13 November

• Selected company site visits with presentations and matchmaking. Divided into different themes based on interest from Danish companies.

Day 3: Thursday 14 November

• Selected company site visits with presentations and matchmaking. Divided into different themes based on interest from Danish companies.

Day 4: Friday 15 November

• Possibility for own company follow-up on business contacts. Departure from Bangkok.

Price

The total price for participation in the business delegation to Thailand is 16,800 DKK excl. flight, hotel and VAT per company for one representative. The price for an extra representative is 2,300 DKK per person.

NOTE: Only Danish companies in Denmark with a Danish CVR number can register for participation, and the invoicing will always be issued in DKK to the Danish company address. However, the Danish company is free to have its local representatives represent your company in full during the event. On the registration form you can, if relevant, therefore add the contact information of the local participating person/company.

We reserve the right to offer you participation at a different price should any of the above criteria’s change. Should this result in a higher price than quoted, you have the right to cancel your participation. Other expenses not mentioned above are at own expense including visa, flights, dine & drink and hotel.

NOTE: The price is based on 7 participating companies, who are all eligible for subsidy, and 50 percent subsidy (already granted) from the Trade Council of Denmark.

If your company is not eligible for subsidy due to de-minimis issues (having received more than 1,5 mio. DKK in de-minimis subsidy within the past 3 years, including the present) you are binding yourself to pay the full price, meaning without the subsidy. The same conditions apply if you do not wish to receive subsidy.

Basic package includes

• Seminar organization
• Site visit arrangement
• Identification and meeting arrangement with relevant Indonesian associations and potential Indonesian partners/customers
• Assistance in booking hotels
• General assistance from the Danish Embassy and DAFC

Registration

Please register at the top of the site no later than 21 October 2024.

Registration is made in accordance with DAFC’s terms of participation.

The organizers

Danish Agriculture & Food Council, Jeppe Søndergaard Pedersen, Chief Advisor, e-mail: jspe@lf.dk, tel. +45 2331 7450

Royal Danish Embassy, Bangkok, Henning Høy Nygaard, Minister Counsellor Food & Agriculture, e-mail: hennyg@um.dk, direct phone: +66 642936422 / +45 21600696