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Food & Beverage

Thai food delivery sector still hungry despite business boom

Government caps fees to protect restaurants while riders demand more pay

There are many new entrants to the Thai food delivery market, but none has reaped a profit yet. (Photo by Ken Kobayashi)

BANGKOK -- Thailand's food delivery industry is facing mounting financial pressure as the government urges companies to cut fees while drivers demand better pay.

The third wave of the COVID-19 pandemic has sharply pushed up demand for food deliveries in Thailand. The market is expected to grow by double digits every year, from 68.8 billion baht ($2.2 billion) in 2020 to more than 74 billion baht in 2021 and as much as 99 billion baht in 2024, according to Euromonitor.

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