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Taokaenoi Food & Marketing is all set to increase its market share in Thailand’s seaweed-snack market, which is currently estimated at 65%.
According to a latest report by Thanachart Securities, the Thai-listed firm aims to increase its seaweed snacks’ market penetration by reaching out to a broader consumer base.
It has also successfully diversified its export markets beyond China to the US, South Korea, Indonesia and other countries, which has improved its export growth outlook.