In 2022, chained and independent full-service restaurants in Thailand generated approximately 3.94 billion U.S. dollars in sales, indicating a slight increase compared to the previous year. As per the figures, the value of full-service restaurants in Thailand showed some fluctuation over the past years.
Restaurant industry
Eating out is a popular social activity for the Thai people, and as such, the restaurant industry is always on the rise. It is not only locals that support restaurant businesses, but also tourists who contribute to restaurant industry growth. With that, Thai full-service restaurants showed great potential by generating around 2.33 billion U.S. dollars in 2022.
Special food services
Convenience is one of the key factors to successful food service businesses, food delivery businesses in Thailand have shown tremendous growth over the past years. The market value of food delivery in Thailand is expected to grow in the next few years. Despite having shown some fluctuation, the food delivery market still has great potential in the food service industry. In addition to food delivery services, catering also demonstrated constant growth as the consumer expenditure for such services increased over the years.
Total sales value of full-service restaurants in Thailand from 2012 to 2022
(in billion U.S. dollars)
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GAIN. (October 4, 2023). Total sales value of full-service restaurants in Thailand from 2012 to 2022 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 13, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/870816/thailand-full-service-restaurants-total-sales/
GAIN. "Total sales value of full-service restaurants in Thailand from 2012 to 2022 (in billion U.S. dollars)." Chart. October 4, 2023. Statista. Accessed November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/870816/thailand-full-service-restaurants-total-sales/
GAIN. (2023). Total sales value of full-service restaurants in Thailand from 2012 to 2022 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 13, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/870816/thailand-full-service-restaurants-total-sales/
GAIN. "Total Sales Value of Full-service Restaurants in Thailand from 2012 to 2022 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Oct 2023, https://www-statista-com.ezproxy.canberra.edu.au/statistics/870816/thailand-full-service-restaurants-total-sales/
GAIN, Total sales value of full-service restaurants in Thailand from 2012 to 2022 (in billion U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/870816/thailand-full-service-restaurants-total-sales/ (last visited November 13, 2024)
Total sales value of full-service restaurants in Thailand from 2012 to 2022 (in billion U.S. dollars) [Graph], GAIN, October 4, 2023. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/870816/thailand-full-service-restaurants-total-sales/