Top 10 Rice Milk Brands in Thailand
Thailand is known for its rich culinary heritage and diverse food products, including rice milk. Rice milk is a popular alternative to cow’s milk for those who are lactose intolerant or follow a plant-based diet. In this report, we will explore the top 10 rice milk brands in Thailand based on their popularity, market share, and overall quality.
1. Vitamilk
Vitamilk is one of the leading rice milk brands in Thailand, known for its creamy texture and rich flavor. The brand offers a variety of rice milk products, including original, chocolate, and soy milk blends. Vitamilk has a strong presence in the Thai market and is widely available in supermarkets and convenience stores across the country.
Financial Data: Vitamilk reported annual revenue of 2.5 billion Thai Baht in 2020, making it one of the top-performing rice milk brands in Thailand.
Industry Insights: Vitamilk has capitalized on the growing demand for plant-based milk alternatives in Thailand, positioning itself as a trusted and reliable brand in the market.
2. V-Soy
V-Soy is another popular rice milk brand in Thailand, known for its high-quality ingredients and nutritional value. The brand offers a range of rice milk products, including unsweetened, vanilla, and almond flavors. V-Soy has a loyal customer base in Thailand and is favored for its natural and healthy product offerings.
Financial Data: V-Soy recorded annual revenue of 1.8 billion Thai Baht in 2020, reflecting its strong market presence and consumer demand for quality rice milk products.
Industry Insights: V-Soy has positioned itself as a premium rice milk brand in Thailand, focusing on natural ingredients and sustainable production practices to appeal to health-conscious consumers.
3. Bonsoy
Bonsoy is a well-known rice milk brand in Thailand, recognized for its smooth and creamy texture. The brand offers a selection of rice milk products, including organic, unsweetened, and enriched varieties. Bonsoy has gained popularity among health-conscious consumers in Thailand for its high nutritional value and delicious taste.
Financial Data: Bonsoy reported annual revenue of 1.2 billion Thai Baht in 2020, indicating its strong market position and consistent growth in the rice milk industry.
Industry Insights: Bonsoy has differentiated itself in the market by focusing on organic and natural ingredients, catering to the increasing demand for clean label products among Thai consumers.
4. Green Spot
Green Spot is a prominent rice milk brand in Thailand, known for its wide range of flavored rice milk products. The brand offers unique flavors such as pandan, taro, and coconut, appealing to a diverse consumer base. Green Spot has established a strong presence in the Thai market and is recognized for its innovative product offerings.
Financial Data: Green Spot recorded annual revenue of 1 billion Thai Baht in 2020, demonstrating its popularity and success in the competitive rice milk industry.
Industry Insights: Green Spot has leveraged its diverse flavor options to attract a loyal following of customers in Thailand, standing out in a crowded market with its creative and delicious rice milk products.
5. Rice Dream
Rice Dream is a reputable rice milk brand in Thailand, known for its organic and non-GMO ingredients. The brand offers a selection of rice milk products, including original, vanilla, and chocolate flavors. Rice Dream has built a strong reputation for quality and sustainability, appealing to environmentally conscious consumers in Thailand.
Financial Data: Rice Dream reported annual revenue of 800 million Thai Baht in 2020, reflecting its commitment to ethical sourcing and production practices in the rice milk industry.
Industry Insights: Rice Dream has positioned itself as a socially responsible brand in Thailand, focusing on transparency and accountability in its supply chain to meet the growing demand for sustainable food products.
6. Almond Breeze
Almond Breeze is a popular rice milk brand in Thailand, known for its almond-infused rice milk products. The brand offers a variety of flavors, including original, vanilla, and unsweetened options. Almond Breeze has gained a loyal following among health-conscious consumers in Thailand for its nutritious and great-tasting rice milk products.
Financial Data: Almond Breeze recorded annual revenue of 700 million Thai Baht in 2020, showcasing its strong market presence and consumer appeal in the competitive rice milk industry.
Industry Insights: Almond Breeze has successfully differentiated itself by combining the benefits of almond and rice milk, providing a unique and flavorful alternative for consumers seeking plant-based milk options in Thailand.
7. So Good
So Good is a well-established rice milk brand in Thailand, known for its wide range of plant-based milk products. The brand offers a diverse selection of rice milk flavors, including original, chocolate, and vanilla varieties. So Good has a strong market presence in Thailand and is favored for its high-quality ingredients and nutritional value.
Financial Data: So Good reported annual revenue of 600 million Thai Baht in 2020, reflecting its consistent growth and popularity in the competitive rice milk market.
Industry Insights: So Good has positioned itself as a trusted and reliable brand in Thailand, focusing on product innovation and quality to meet the evolving needs of health-conscious consumers in the country.
8. Ecomil
Ecomil is a renowned rice milk brand in Thailand, known for its organic and gluten-free product offerings. The brand offers a variety of rice milk products, including sugar-free, almond, and oat blends. Ecomil has gained a loyal following among health-conscious consumers in Thailand for its natural and sustainable product options.
Financial Data: Ecomil recorded annual revenue of 500 million Thai Baht in 2020, showcasing its strong market position and consumer demand for organic rice milk products.
Industry Insights: Ecomil has positioned itself as a premium rice milk brand in Thailand, focusing on organic and gluten-free ingredients to cater to the growing trend of clean eating and healthy living among Thai consumers.
9. Dream Rice
Dream Rice is a popular rice milk brand in Thailand, known for its rich and creamy texture. The brand offers a variety of rice milk products, including enriched, chocolate, and vanilla flavors. Dream Rice has gained a loyal customer base in Thailand for its delicious taste and high nutritional value.
Financial Data: Dream Rice reported annual revenue of 400 million Thai Baht in 2020, indicating its strong market presence and consumer demand for quality rice milk products.
Industry Insights: Dream Rice has differentiated itself in the market by focusing on product quality and innovation, standing out among competitors with its unique flavor offerings and nutritional benefits.
10. Silk
Silk is a well-known rice milk brand in Thailand, recognized for its smooth and creamy texture. The brand offers a range of rice milk products, including original, vanilla, and chocolate flavors. Silk has established a strong presence in the Thai market and is favored for its high-quality ingredients and great taste.
Financial Data: Silk recorded annual revenue of 300 million Thai Baht in 2020, showcasing its success and popularity in the competitive rice milk industry.
Industry Insights: Silk has positioned itself as a trusted and reliable brand in Thailand, focusing on product quality and customer satisfaction to meet the diverse needs of consumers in the country.
In conclusion, the top 10 rice milk brands in Thailand offer a diverse range of products that cater to the growing demand for plant-based milk alternatives in the country. These brands have established a strong market presence and are favored for their quality ingredients, innovative flavors, and nutritional value. As the rice milk industry continues to evolve, these brands are expected to play a significant role in shaping the future of dairy alternatives in Thailand.
