Thai snack manufacturers face several challenges this year, from rising costs for logistics and packaging to the impact of the border dispute between Thailand and Cambodia.
Thanakorn Burintarachart, managing director of Nature Best Food, a Thai seaweed importer, manufacturer and distributor, said the Thai seaweed market is expected to remain flat this year as consumers remain highly cautious about their spending.
The company sources seaweed from Japan, South Korea and China. Seaweed prices remain stable, but logistics costs have started to rise.
In the business-to-business segment, Nature Best Food supplies seaweed products to restaurants, which have also felt the impact of cautious consumer spending.
The company also processes seaweed into snacks.
