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Thai Union executives share visions toward global food trends

Bangkok – WEBWIRE

Thai Union Group PCL’s CEO Thiraphong Chansiri and Dr. Tunyawat Kasemsuwan, Thai Union’s group director for global innovation, shared their visions toward global food trends at the Thailand Food Innovation Forum 2018 held 21-22 May.

Chansiri said Thai Union sees five major trends affecting business amid changing market environments. They are currency fluctuations; emerging disruptive technologies; global growth engine slowdown; geopolitical risk; and global free trade at risk.

“Change is certain, however, it also presents opportunities,” he said. “More importantly, we need to build our ability to deal with these uncertainties”.

Meanwhile, Dr. Tunyawat noted that consumers are more concerned today about food safety and purity, and manufacturers need to focus on addressing consumer needs with transparency in ingredients, processes and supply chain.

Moreover, food byproducts are an excellent source of ingredients for nutraceuticals, and possess many components that are excellent for human health.

At the two-day event, Thai Union presented its Yellowfin Tuna Slices to visitors, one of the new innovative products developed by Thai Union’s Global Innovation Incubator. Yellowfin Tuna Slices recently won the 2018 Seafood Excellence Award in the Best New Foodservice Product category at the Seafood Expo North America held in Boston in March and was a finalist for the Seafood Excellence Global Awards at the Seafood Expo Global, in Brussels in April.



Thai Union Group PCL is the world’s seafood leader bringing high quality, healthy, tasty and innovative seafood products to customers across the world for more than 40 years.

Today, Thai Union is regarded as the world’s largest producer of shelf-stable tuna products with annual sales exceeding THB 135 billion (US$ 4.030 billion) and a global workforce of over 49,000 people who are dedicated to pioneering sustainable, innovative seafood products.

The company’s global brand portfolio includes market-leading international brands such as Chicken of the Sea, John West, Petit Navire, Parmentier, Mareblu, King Oscar, and Rügen Fisch and Thai-leading brands SEALECT, Fisho, Qfresh, Monori, Bellotta and Marvo.

As a company committed to innovation and globally responsible behavior, Thai Union is proud to be a member of the United Nations Global Compact, and a founding member of the International Seafood Sustainability Foundation (ISSF). In 2015, Thai Union introduced its SeaChange® sustainability strategy. Thai Union’s on-going work on sustainability issues was recognized by its inclusion in the Dow Jones Sustainability Index Emerging Markets (DJSI) in 2014. In 2017, Thai Union was named to the DJSI for the fourth consecutive year. Thai Union is also part of the FTSE4Good Emerging Index.

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