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Thai food producers
should consider more investment in organic products to meet high world
demand, say Mr Yutthasek Supasorn, the director of the Nation Food
Institute (NFI).
The market vakue of
global organic food industry will hit 2.2 trillion bath [US$ ,,,] in
2012, a 53.6% increase from 2007, according to the NFI.
In 2006, Thailand’s
organic food industry was worth 947 million baht with 45% serving the
export market.
“Local operators
have the ability to have more profit from this trend by investing more
in developing a process to produce organic food, Mr Yutthasek Supasorn
said.
However, most
organic products exported from Thailand are non-processed farm goods
such as rice, herbs, fruits and vegetables.
“Instead of focusing
on labour-intensive and inexpensive raw material products, we should
expand more product lines in processed organic food to add more value,
Mr. Yutthasek Supasorn added.
Europe is the
biggest organic food market, consuming 51.4% of world demand, followed
by the United States with 44.6%.
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