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STC Foodpak Sees Good Market for Ready-to-Eat Meals in Thailand.
Jun. 7--Sales of frozen ready-to-eat meals in the Thai market have shown impressive growth year after year, with revenue expected to double this year to 500 million baht in a frozen food segment worth 1.2 billion baht annually.
According to Puchchong Vanichjakvong, assistant managing director of STC Foodpak Limited, the market potential for ready-to-eat meals is high, with sales volume already at about 650,000 boxes a month.
Mr Puchchong said that although competition in this niche market was intense, the company remained optimistic that there was still plenty of room for new players.
"Our study shows that modern lifestyles have created the ...
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Source: HighBeam Research, STC Foodpak Sees Good Market for Ready-to-Eat Meals in Thailand.