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Seafood major Thai Union eyes $5.2b revenue by 2025 betting on alternative proteins
Thiraphong Chansiri, President and CEO of Thai Union.
March 9, 2021
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 ($5.19 billion) by 2025, betting on alternative proteins and food supplements, its top executive said on Tuesday.
“We are not going after scale, but the emphasis will be on the 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.”
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