The world s largest canned tuna producer, Thai Union Group Pcl is targeting 5% annual growth for the next five years to reach 160 billion baht by 2025, betting on alternative proteins and food. | March 10, 2021
2 FILE PHOTO: The logo of the Thai Union Group is pictured at its R&D lab in Bangkok, Thailand, March 31, 2016. (Reuters)
Thai Union Group Plc, the world s largest canned tuna producer, is targeting 5% annual growth for the next five years to reach 160 billion baht by 2025, betting on alternative proteins and food supplements, its top executive said on Tuesday. We are not going after scale, but emphasis will be on quality of business, chief executive Thiraphong Chansiri told a news conference. Before, we looked at emerging markets like China and the Middle East, but we were not successful in those markets.