July 7, 2026
 

Thailand's Thaifoods Group targets 10-15% revenue growth in 2026 on strong swine and poultry demand

A new Vietnam feed plant due to begin commercial operations in H2 2026 will direct more than 70% of its output to internal group use, supporting cost reduction across the integrated supply chain.

Thaifoods Group Public Company Limited (SET: TFG) has reaffirmed a full-year 2026 revenue growth target of 10-15%, with Chief Executive Officer Phet Nantavisai citing rising swine and poultry prices in Thailand since May, stable swine prices in Vietnam, and sustained export demand as the key drivers.

Japan remains TFG's primary export destination, while the United Kingdom has emerged as a standout growth market. Phet said the positive pricing environment, combined with efficient cost management and retail expansion, presents an opportunity to achieve a new all-time high in revenue for the company.

TFG's new animal feed plant in Vietnam is expected to commence commercial operations in the second half of 2026. More than 70% of the facility's output will be consumed internally within the group, with the arrangement intended to reduce input costs, improve supply chain efficiency and strengthen the company's competitive position.

The company's retail chain, Thai Foods Fresh Market, has also outperformed expectations, prompting TFG to revise its end-2026 branch target upward from 850 to 875. As of the end of Q1 2026, the chain had 690 branches in operation.

TFG has been selected for inclusion in the SET50 Index for H2 2026, following its earlier addition to the MSCI Global Small Cap Index. Credit rating agency TRIS Rating has also upgraded TFG's corporate and unsecured debenture rating to BBB+ from BBB, citing stronger operating performance, reduced liabilities and improved cash flow generation.

- Kaohoon International