Thailand has a major opportunity to expand its exports of so-called future food to meet growing global demand, said the Commerce Ministry. The Ministry permanent secretary urged Thai food businesses to accelerate innovation to produce plant and insect-based proteins and other sustainable foods of the future. Future food is among the country's 10 S-Curve or new industries aimed at creating a green and sustainable economy. Government incentives for S-Curve industries including generous tax breaks are encouraging businesses to apply modern technology and boost Thailand's competitiveness in the global food market. The Thai food industry was worth 920 billion baht and employed almost 1 million people last year. In 2022, Thailand exported 129.30 billion baht worth of future food, up 23% from the year before.  (ICE BANGKOK)

Fonte notizia: The Nation