New partnership to boost future food

Quick Summary:

The Commerce Ministry and private sector are joining forces to develop the future food industry to add value to agricultural products, aiming to introduce a new growth engine to the Thai economy.

Focusing on three broad themes -- wellbeing, sustainability and innovation -- future food is currently categorised within four distinct groups: functional, medical, organic, and alternative protein.

The second most popular segment was medical food, worth 6.39 billion baht (4.5%), followed by alternative protein, valued at 6.35 billion baht (4.5%), and organic food, valued at 1.97 billion baht (1.4%).

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Article Details

Category: EconomyBusiness

Markets: ThailandCambodiaChinaMyanmarVietnam

Topics: Functional Valued Exports Baht Popular Billion Products Value Trade Food Future

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-17 @ 04:00:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: bangkokpost.com

Language: English

Article Length: 432 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bangkok Post

News ID: 21658139

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About Bangkok Post

Main Topics: EconomyBusiness

Official Website: bangkokpost.com

Update Frequency: 17 posts per day

Year Established: 1946

Headquarters: Thailand

News Last Updated: 5 hours ago

Coverage Areas: Thailand

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #66

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