THAILANDSICThailand Standard Industrial Classification

TSIC Activity

46317

Wholesale of sugar, chocolate, candy and sugar confectionery

ประกอบกิจการรับซื้อ จำหน่ายน้ำตาลและผลิตภัณฑ์จากน้ำตาล สินค้าอุปโภคบริโภคอื่นๆ ตามวัตถุประสงค์

What this activity covers

Companies engage in the wholesale of various sugars, chocolate, candy, and related confectionery products.

  • Wholesale of sugars — Granulated, coconut, palm, and other types of sugar
  • Manufacture of artificial sugar — From sugarcane, red radish, maple, and palm
  • Syrup production — Including molasses and other syrup products
  • Wholesale chocolate — Includes chocolate confectionery and related products
  • Candy and sweets wholesale — Includes chewing gum and other sugar confectionery

What companies here also do

Seen in real company registrations under this code — beyond the official definition, so licensing may differ.

  • Export of sugar — Selling sugar products internationally
  • Trade in syrups — Buying and selling syrup products
  • Wholesale of jelly — Includes jelly along with candy and chocolate

Not included here

  • Wholesale of preserved fruit and vegetable products using sugar. See activity 46313.

Foreign ownership

List 3: Restricted, FBL/BOI route availableinherited from 46

Wholesale of goods of all kinds, where the minimum capital per store is below the level prescribed in the Act

Not a hard restriction — only applies while under-capitalised. A foreign-majority wholesaler is exempt from this List 3 item (no Foreign Business Licence needed) once minimum registered capital reaches the Act's threshold, typically THB 100 million per store. Verify current ministerial-regulation figures.

FBA B.E. 2542, List 3 (15)Routes: Foreign Business Licence, BOI promotion, US Treaty of Amity

Auto-mapped, verify against the Act. These TSIC mappings are indicative, not legal advice; the schedules of the Foreign Business Act B.E. 2542 are the authority. See the full foreign ownership reference.

Industry at a glance

as of 23 ก.ค. 69

The whole registered industry under this activity, every registration year, from the DBD DataWarehouse.

205
active companies operate here
฿4.7Bregistered capital, combined
฿65.2B
Sector revenue · 2025
+5% since 2023
฿1.7B
Net profit · 2025
96 profitable
202320242025

net profitrevenue

Foreign investment

new registrations · 2026 YTD
46%of new registered capital is foreign-held
฿3.0M foreign฿3.5M Thai

Based on few new registrations this year — read as a rough signal only.

1 of the 5 largest companies here are foreign-owned Thailand subsidiaries.

New in 2026

4-50.0%

registrations, YTD

Registered capital

฿4.7B+0.7%

since year-end

Largest by revenue

Latest filed-year revenue, not a multi-year total

  1. 1Cino-Pacific Trading (Thailand) Co., Ltd.฿34.3B
  2. 2Thai Molasses Co., Ltd.฿4.9B
  3. 3Caesar Niko (Thailand) Co., Ltd.intl฿3.7B
  4. 4BR Molasses Trading Co., Ltd.฿3.5B
  5. 5T.Saweangpol Co., Ltd.฿2.0B

Largest by registered capital

  1. 1Taifu Lai Co., Ltd.Pathum Thani฿3.0B
  2. 2Thai Meiji Food Co., Ltd.Bangkok฿222.0M
  3. 3Cino-Pacific Trading (Thailand) Co., Ltd.Bangkok฿160.0M

Source: Department of Business Development DataWarehouse. Financial figures are combined totals of companies that filed statements; revenue and profit shown for the latest three reporting years.

Companies registered since 2022

Browse all

New DBD registrations under this activity since 2022, the period the registry snapshot covers, not the full historical register.

53
Registered
since 2022
49
Still active
4
Dissolved
฿1.0M
Median capital
of active

New registrations per year

2022peak 19 in 20222026

Largest active companies by registered capital

Source: Department of Business Development (DBD) new-registration records, 2022 to present. Counts cover companies first registered in that window, reflect the latest snapshot load, and may lag the live register.

Emerhub

Restricted activity? There is usually a route.

Emerhub structures foreign-owned companies around FBA restrictions: Foreign Business Licence applications, BOI promotion, and compliant shareholding structures. Talk through your case before you commit to one.

Talk to Emerhub Thailand