Approaches to the Food Industry of Thailand's Future✅😍

Agricultural and food industry is an important part of the Thai economy, accounting for more than one-seventh of the country's GDP, and is the main export product, accounting for almost one-fifth of all exports, as well as employing more than one-third of the country's workforce. However, there have been major world changes, including geopolitical conflicts, global warming, intensive trade measures, and ageing societies. Thailand's agricultural and food industries need to adapt to prepare for opportunities and meet risks from such factors. However, there are currently major challenges including:

1. Most agricultural and food exports are commodities in their traditional form with low added value.

2. Low-tech traditional farming. Effects productivity.

Low production, quality and quantity fluctuate, as well as PM 5 problems in agriculture. Therefore, there has to be a reversion of the Agri-Food Industrial Transformation industry. It needs to be considered in two key areas:

1. Increasing the market value of the future food industry with regard to health, sustainability, and the use of technology and innovation in Thailand's manufacturing to become a new growth engine in the food industry.

2. Modification of the traditional agricultural sector to modern and sustainable farming

The proposal focuses on increasing the proportion of products in the high-value market. "Future food" or "Future food" means nutritious, healthy, and sustainable process-producing foods based on technology and innovation. It is divided into four groups:

1. Food, health and functional compounds

2. Medical diet and personalized diet

3. Organic products and food are not flavored.

4. Alternative protein

In addition, Thailand has high potential local raw materials, such as rice with variable cassava flour color, cocoa, tea, coffee, coconut, herbs, and biological process raw materials, all of which can be capped into high value products such as vitamin and probiotic mixed beverages, as well as alternative proteins from agricultural raw materials such as soybeans, green beans, goo eggs, banana mushrooms, edible insects, and local algae; however, Thailand's futuristic food industry also faces major bottlenecks in the chain of production of functional compounds and proteins.

In the upstream part, effective raw materials management is needed. In the water part, Thailand lacks domestic production of Functional Ingredients and Protein Ingredients, while in the downstream part, there is not enough research on key ingredients from Thai raw materials and clinical tests, so the development of Thailand's future food industry to grow sustainably needs to develop throughout the production chain to reduce dependence on imports, accelerate competitiveness and build links between research and industry.

The "Proposal to Propel Thailand's Future Food Industry with Science, Research and Innovation" has been drawn up. The objective is to bring science, research and innovation to support the modification of Thailand's food production and export structure to increase the proportion of products that respond to future market demand, enhance technological capabilities, and become an important engine of the Thai food industry. The key goals to be achieved by 2027 are to increase the value of the future food industry to 500 billion baht and reduce greenhouse gas emissions (GHGs) by 0.3 million tons CO2eq, respectively. With three aspects of the proposal:

1. Attracting investment, advanced extraction technology and molding to build a midstream industry, functional compounds and proteins groups (Functional ingredients and Proteins), through supporting BOI in recruiting enterprises with advanced component, function and protein manufacturing technology, as exemplified above, so that BOI considers appropriate benefits to attract further investment.

2. Creating a R & D consortium to manage the future food industry network in functional compounds and proteins (Functional ingredients and Proteins) through support from the Science and Innovation Promotion Fund

3. Establishing a standardization system to develop the market by upgrading the standards and certification system for food, healthy beverages and functional compounds and experimenting with a notifying application system to claim the functional claims of important substances in agricultural products and foods that have a positive health effect (FFC Thailand Sandbox) and providing Positive lists to support future food registration.

The implementation of "Thailand's Future Food Industry Proposal with Science, Research and Innovation" is expected to increase the value of future food products to 25 percent of the entire food industry by 2032 and produce the following key results:

• Five advanced Thai extract and protein entrepreneurs enter the global production chain

• Attracted investments from five advanced technology companies worth $3,000 million.

• Farmers' income tripled within four years.

• Entrepreneurs have the ability to produce advanced extracts and proteins with a purity of more than 60 per cent on an industrial scale.

• Productivity of the agricultural sector entering the future food industry increased by 10 per cent.

• The value of exports increased to 220 billion baht.

• Domestic market value increased to 280 billion baht.

# Food science and technology # Food # Foodindustry # Agricultural industry # Trending