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Thailand Horeca Market

ID: MRFR/FnB/42784-HCR
200 Pages
Garvit Vyas
October 2025

Thailand HoReCa Market Research Report: By Category Outlook (Single Outlet, HoReCa Chain) and By Service Type Outlook (Hotels, Restaurants, Cafes and Pubs) - Forecast to 2035

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Thailand Horeca Market Summary

As per MRFR analysis, the horeca market Size was estimated at 40.03 USD Billion in 2024. The horeca market is projected to grow from 42.7 USD Billion in 2025 to 81.29 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 6.65% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The Thailand horeca market is experiencing dynamic growth driven by evolving consumer preferences and technological advancements.

  • The horeca market in Thailand is witnessing a notable rise in food delivery services, reflecting changing consumer habits.
  • Sustainability initiatives are becoming increasingly prominent, as businesses strive to meet eco-conscious consumer demands.
  • Technological integration is reshaping service delivery, enhancing customer experiences across various horeca segments.
  • The growth of tourism and rising disposable income are key drivers propelling the horeca market forward.

Market Size & Forecast

2024 Market Size 40.03 (USD Billion)
2035 Market Size 81.29 (USD Billion)
CAGR (2025 - 2035) 6.65%

Major Players

Compass Group (GB), Sodexo (FR), Aramark (US), Elior Group (FR), Accor (FR), Marriott International (US), InterContinental Hotels Group (GB), Hilton Worldwide (US), Darden Restaurants (US)

Thailand Horeca Market Trends

The horeca market in Thailand is currently experiencing a dynamic evolution, driven by changing consumer preferences and economic factors. The rise of food delivery services and online ordering platforms has transformed how consumers engage with restaurants and cafes. This shift appears to be fostering a more competitive landscape, compelling traditional establishments to adapt their offerings and enhance customer experiences. Additionally, the increasing focus on sustainability and health-conscious dining options is influencing menu designs and sourcing practices across the sector. As consumers become more aware of their food choices, horeca businesses are likely to respond by incorporating organic and locally sourced ingredients into their menus. Moreover, the tourism sector plays a pivotal role in shaping the horeca market. With a steady influx of international visitors, there is a growing demand for diverse culinary experiences. This trend suggests that establishments may need to innovate continuously to cater to both local and foreign tastes. Furthermore, the integration of technology in operations, such as contactless payments and digital reservations, is becoming more prevalent. This technological advancement not only streamlines processes but also enhances customer satisfaction, indicating a potential shift in how businesses operate in the horeca market.

Rise of Food Delivery Services

The horeca market is witnessing a notable increase in food delivery services. This trend reflects changing consumer habits, as more individuals prefer the convenience of dining at home. Restaurants are adapting by partnering with delivery platforms, thereby expanding their reach and customer base.

Focus on Sustainability

Sustainability is becoming a central theme within the horeca market. Businesses are increasingly prioritizing eco-friendly practices, such as sourcing local ingredients and reducing waste. This shift not only appeals to environmentally conscious consumers but also enhances brand reputation.

Technological Integration

The integration of technology is reshaping the horeca market. Establishments are adopting digital solutions for reservations, payments, and customer engagement. This trend indicates a move towards more efficient operations and improved customer experiences.

Thailand Horeca Market Drivers

Growth of Tourism

Tourism remains a crucial driver for the horeca market in Thailand. The country is renowned for its rich cultural heritage, beautiful landscapes, and vibrant street food scene, attracting millions of international visitors annually. In 2025, tourism is expected to contribute around 20% to Thailand's GDP, significantly impacting the horeca sector. Hotels, restaurants, and cafes are likely to experience heightened demand as tourists seek authentic local experiences. This influx of visitors not only boosts revenue for horeca establishments but also encourages innovation in service offerings, thereby enhancing the overall market landscape.

Increasing Urbanization

The rapid urbanization in Thailand is a pivotal driver for the horeca market. As more individuals migrate to urban areas, the demand for dining and accommodation services escalates. Urban centers are witnessing a surge in population density, which correlates with a higher frequency of dining out and hotel stays. In 2025, urban areas are projected to account for approximately 50% of the total population, leading to an increased need for diverse horeca offerings. This trend suggests that businesses in the horeca market must adapt to cater to the evolving preferences of urban consumers, who often seek convenience and variety in their dining experiences.

Rising Disposable Income

The increase in disposable income among Thai consumers is a notable driver for the horeca market. As economic conditions improve, individuals are more willing to spend on dining and leisure activities. In 2025, it is projected that the average disposable income will rise by approximately 10%, leading to greater expenditure on horeca services. This trend suggests that establishments can capitalize on the growing willingness to spend by offering premium dining experiences and unique hospitality services. As consumers seek to indulge in culinary adventures, the horeca market is likely to witness a surge in demand for innovative and high-quality offerings.

Evolving Consumer Preferences

Consumer preferences in Thailand are shifting towards healthier and more diverse food options, which is a significant driver for the horeca market. As awareness of health and wellness increases, consumers are gravitating towards establishments that offer organic, locally sourced, and nutritious meals. This trend is reflected in the growing popularity of vegetarian and vegan options, which have seen a rise of approximately 15% in demand over the past year. Consequently, horeca businesses must adapt their menus and services to align with these evolving preferences, ensuring they remain competitive in a dynamic market.

Technological Advancements in Service Delivery

Technological advancements are reshaping the horeca market in Thailand, enhancing service delivery and customer engagement. The integration of mobile applications for reservations, online ordering, and contactless payments is becoming increasingly prevalent. In 2025, it is estimated that over 60% of consumers will prefer using technology for their dining experiences. This shift indicates that horeca establishments must invest in technology to streamline operations and improve customer satisfaction. By leveraging data analytics and customer feedback, businesses can tailor their offerings to meet the specific needs of their clientele, thereby fostering loyalty and repeat patronage.

Market Segment Insights

By Service Type: Hotels (Largest) vs. Restaurants (Fastest-Growing)

In the Thailand horeca market, the service type segment is predominantly led by hotels, which hold the largest market share due to their established operations and extensive customer base. Restaurants follow closely, emerging as a significant player, while cafes and pubs contribute to the diversity of the market but with a smaller footprint. All segments are essential in catering to diverse consumer preferences, thus creating a dynamic competitive landscape. The growth trends within the service type segment are driven by changing consumer behaviors, increasing tourism, and a shift towards experiential dining. Restaurants are experiencing rapid expansion as they adapt to new trends and cater to evolving tastes. The cafe and pub segment is also gaining traction, particularly among younger demographics, signaling a shift in how consumers value social dining experiences over traditional meals.

Hotels (Dominant) vs. Restaurants (Emerging)

Hotels are the dominant players in the service type segment, characterized by large accommodations, extensive facilities, and a strong brand presence that attracts both domestic and foreign tourists. They offer a variety of services including lodging, dining, and entertainment, contributing to their significant market position. On the other hand, restaurants are emerging as a strong force, driven by innovation in menu offerings and the integration of technology for enhanced customer experience. This segment is particularly vibrant, evolving with trends such as health-conscious dining and food delivery services, making them highly competitive and appealing to a wider audience.

By Category: Single Outlet (Largest) vs. HoReCa Chain (Fastest-Growing)

In the Thailand horeca market, the Single Outlet segment holds a significant portion of the market share, characterized by its long-standing operational history and familiarity among customers. This segment benefits from personalized service, customer loyalty, and a unique ambiance, making it appealing to a diverse clientele. In contrast, while HoReCa Chain establishments may represent a smaller share currently, their rapid growth trajectory indicates a shifting consumer preference toward standardized yet high-quality dining experiences that chains can offer. The growth of the HoReCa Chain segment is largely driven by changing consumer behavior and the rising demand for convenient dining options. As urbanization continues, more individuals are seeking quick service and consistent quality that chains provide. Additionally, marketing strategies and loyalty programs are enhancing brand presence, enabling chains to expand their footprint and attract new customers at a substantive rate, thus cementing their status as the fastest-growing segment in this market.

Single Outlet (Dominant) vs. HoReCa Chain (Emerging)

The Single Outlet segment serves as the dominant player in the Thailand horeca market, offering distinctive experiences tailored to local tastes. These establishments often thrive on their ability to create niche markets, fostering strong community ties and customer loyalty. Their flexibility to adapt menus based on seasonal ingredients and customer preferences grants them an advantage in maintaining relevance. Conversely, the HoReCa Chain segment is emerging as a formidable presence, equipped with the resources for expansive growth and the ability to leverage economies of scale. Chains focus on consistent quality and branding, appealing to consumers who appreciate reliability in their dining choices. As these chains expand, they continue to attract customers with promotional offers and innovative dining formats.

Get more detailed insights about Thailand Horeca Market

Key Players and Competitive Insights

The horeca market in Thailand is characterized by a dynamic competitive landscape, driven by a combination of consumer preferences, technological advancements, and evolving operational strategies. Major players such as Compass Group (GB), Sodexo (FR), and Marriott International (US) are actively shaping the market through various strategic initiatives. For instance, Compass Group (GB) emphasizes innovation in food service management, focusing on sustainability and health-conscious offerings, which resonates with the growing demand for healthier dining options. Meanwhile, Sodexo (FR) has been expanding its footprint in Thailand by enhancing its service delivery through digital platforms, thereby improving customer engagement and operational efficiency. These strategies collectively contribute to a competitive environment that is increasingly focused on quality, service differentiation, and technological integration.

The business tactics employed by these companies reflect a nuanced understanding of local market dynamics. Localizing supply chains and optimizing operational processes are critical for maintaining competitiveness in a moderately fragmented market. The presence of key players like Aramark (US) and Elior Group (FR) further intensifies competition, as they leverage their global expertise to adapt to local tastes and preferences. This collective influence of major companies fosters a competitive structure that encourages innovation and responsiveness to market changes.

In October 2025, Marriott International (US) announced a strategic partnership with a local tech firm to enhance its digital guest experience through AI-driven personalization. This move is significant as it aligns with the broader trend of digital transformation in the hospitality sector, allowing Marriott to offer tailored services that meet the evolving expectations of tech-savvy consumers. Such initiatives not only improve customer satisfaction but also position Marriott as a leader in leveraging technology for operational excellence.

In September 2025, Sodexo (FR) launched a new sustainability initiative aimed at reducing food waste across its operations in Thailand. This initiative is particularly relevant given the increasing consumer awareness around environmental issues. By implementing waste reduction strategies, Sodexo not only enhances its brand image but also aligns with global sustainability goals, potentially attracting a more environmentally conscious clientele.

In November 2025, Compass Group (GB) unveiled a new menu concept that emphasizes locally sourced ingredients, reflecting a growing trend towards sustainability and localism in the horeca market. This strategic move is likely to resonate with consumers who prioritize fresh, locally produced food, thereby enhancing Compass Group's competitive edge in a market that values authenticity and quality.

As of November 2025, the horeca market is witnessing significant trends such as digitalization, sustainability, and the integration of AI technologies. These trends are reshaping competitive dynamics, with strategic alliances becoming increasingly important for market players. The shift from price-based competition to a focus on innovation, technology, and supply chain reliability is evident. Companies that can effectively differentiate themselves through these avenues are likely to thrive in an evolving landscape, where consumer expectations continue to rise.

Key Companies in the Thailand Horeca Market market include

Industry Developments

In recent developments within the Thailand HoReCa market, the sector is seeing robust recovery post-pandemic, driven by a surge in domestic tourism and increasing consumer spending. Notably, CP Group has been expanding its food service footprint, enhancing its offerings in the restaurant and catering segments. 

In August 2023, Minor International announced significant investment plans aimed at increasing its restaurant operations across Thailand, which is expected to add new employment opportunities. Meanwhile, S and P Syndicate have been introducing innovative menu options to attract health-conscious consumers. Additionally, a substantial merger involving Berli Jucker and a local food distributor has been publicly acknowledged, strengthening their market presence in May 2023. 

The consolidation trends in this market are further exemplified by TCC Group's recent acquisition of local F&B brands to diversify their portfolio. Mega Lifesciences has reported increased market valuations due to higher demand for food supplements in HoReCa, reflecting a growing trend towards wellness. Overall, the Thailand HoReCa market is witnessing positive growth and significant transformations, positioning itself for future opportunities amidst shifting consumer preferences and competitive dynamics.

Future Outlook

Thailand Horeca Market Future Outlook

The HoReCa Market in Thailand is projected to grow at a 6.65% CAGR from 2024 to 2035, driven by rising consumer spending, tourism recovery, and innovative dining experiences.

New opportunities lie in:

  • Expansion of cloud kitchen models for delivery services.
  • Integration of AI-driven inventory management systems.
  • Development of sustainable sourcing partnerships with local suppliers.

By 2035, the horeca market in Thailand is expected to achieve robust growth and increased market competitiveness.

Market Segmentation

Thailand Horeca Market Category Outlook

  • Single Outlet
  • HoReCa Chain

Thailand Horeca Market Service Type Outlook

  • Hotels
  • Restaurants
  • Cafes and Pubs

Report Scope

MARKET SIZE 2024 40.03(USD Billion)
MARKET SIZE 2025 42.7(USD Billion)
MARKET SIZE 2035 81.29(USD Billion)
COMPOUND ANNUAL GROWTH RATE (CAGR) 6.65% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Billion
Key Companies Profiled Compass Group (GB), Sodexo (FR), Aramark (US), Elior Group (FR), Accor (FR), Marriott International (US), InterContinental Hotels Group (GB), Hilton Worldwide (US), Darden Restaurants (US)
Segments Covered Service Type, Category
Key Market Opportunities Adoption of sustainable practices and technology in food service and hospitality sectors.
Key Market Dynamics Rising consumer demand for sustainable practices drives innovation and competition in the horeca market.
Countries Covered Thailand

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FAQs

What is the expected market size of the Thailand HoReCa Market in 2024?

The Thailand HoReCa Market is expected to be valued at 36.5 billion USD in 2024.

What will be the market value of the Thailand HoReCa Market by 2035?

By 2035, the Thailand HoReCa Market is anticipated to reach a value of 82.5 billion USD.

What is the expected CAGR for the Thailand HoReCa Market from 2025 to 2035?

The expected CAGR for the Thailand HoReCa Market from 2025 to 2035 is 7.695 percent.

What are the key players in the Thailand HoReCa Market?

Major players in the Thailand HoReCa Market include CP Group, Minor International, and Oishi Group.

What is the market size for Single Outlets in the Thailand HoReCa Market in 2024?

In 2024, the market size for Single Outlets in the Thailand HoReCa Market is valued at 15.5 billion USD.

How much is the HoReCa Chain segment expected to be worth in 2035?

The HoReCa Chain segment is expected to be valued at 46.0 billion USD by 2035.

What growth opportunities are present in the Thailand HoReCa Market?

The Thailand HoReCa Market presents opportunities for growth driven by increasing consumer spending and dining trends.

What challenges does the Thailand HoReCa Market face?

Challenges in the Thailand HoReCa Market include rising competition and fluctuating food prices.

What trends are emerging in the Thailand HoReCa Market?

Emerging trends in the Thailand HoReCa Market include a growing focus on health-conscious dining and sustainability.

Which segment shows the highest growth rate in the Thailand HoReCa Market?

The HoReCa Chain segment shows a significant growth rate as consumer preferences shift towards dining experiences.

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