Market by Food Type, Ingredients, Distribution Channel and Geography | Forecast 2019-2027
A Triton Market Research report has forecasted the fermented food and ingredients market in the Asia-Pacific region to depict growth in revenue and expand at a CAGR of 4.14% during the estimated period 2019-2027.
The countries studied in the Asia-Pacific fermented food and ingredients market are:
• South Korea
• China
• ASEAN countries
• Japan
• India
• Australia & New Zealand
• Rest of APAC countries
Asia-Pacific region holds a very high and unexplored potential in the fermented food and ingredients market in the forecasted period because of the increasing disposable income of customers, particularly in India and China.
Local fermented delicacies are consumed by the people in countries like Japan, India, Malaysia and Korea. This factor is taken as an advantage by large food companies to exploit the market in this region. Increasing urbanization, growing health concerns among the people and the changing dietary habits are all reasons for the growth in the fermented food and ingredients market in the Asia-Pacific region.
As a result of the growing demand for good quality bread, the bakery market is well-developed in Japan. Many companies leverage this opportunity to expand their market in the country. As the revenue generated from the bakery market increases, the revenue from fermented food and ingredients also increases. The country is home to a variety of fermented food products, for example, Natto, which is fermented soya. With the increase in awareness about its benefits and strong marketing, the yogurt market is growing rapidly in Japan.
Yakult Honsha Co., Ltd. is a company that deals with manufacturing and sales of food & beverages, cosmetics and pharmaceuticals. The company instigated the yogurt and sour milk market in Japan. Headquartered in Tokyo, Japan, the company has a strong distribution network developed over the years.
1. ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET - SUMMARY
2. INDUSTRY
OUTLOOK
2.1. MARKET
DEFINITION
2.2. KEY
INSIGHTS
2.2.1. CONFECTIONERY
& BAKERY PRODUCTS IS THE LEADING CATEGORY IN THE FERMENTED FOOD TYPE
SEGMENT
2.2.2. AMINO
ACIDS IS THE LEADING CATEGORY IN THE INGREDIENTS SEGMENT
2.2.3. RETAIL
STORES ARE THE DOMINANT DISTRIBUTORS IN THE MARKET
2.3. PORTER’S
FIVE FORCE ANALYSIS
2.3.1. THREAT
OF NEW ENTRANTS
2.3.2. THREAT
OF SUBSTITUTE
2.3.3. BARGAINING
POWER OF SUPPLIERS
2.3.4. BARGAINING
POWER OF BUYERS
2.3.5. INTENSITY
OF COMPETITIVE RIVALRY
2.4. MARKET
ATTRACTIVENESS INDEX
2.5. VENDOR
SCORECARD
2.6. MARKET
DRIVERS
2.6.1. RISING
AWARENESS ABOUT HEALTHY LIVING
2.6.2. RISING
DEMAND FOR FOOD PRESERVATION
2.6.3. CHANGING
DIETARY HABITS OF THE PEOPLE
2.7. MARKET
RESTRAINTS
2.7.1. OPERATIONAL
HINDERANCES
2.7.2. ADVERSE
EFFECT OF FERMENTED FOOD ON HEALTH
2.8. MARKET
OPPORTUNITIES
2.8.1. SCOPE
OF MERGERS AND ACQUISITIONS
2.8.2. DEVELOPMENT
OF REGION-SPECIFIC PRODUCTS
2.9. MARKET
CHALLENGES
2.9.1. GREATER
PREFERENCE FOR FRESH PRODUCTS THAN FERMENTED PRODUCTS
3. FERMENTED
FOOD AND INGREDIENTS MARKET OUTLOOK - BY FOOD TYPE
3.1. CONFECTIONERY
& BAKERY PRODUCTS
3.2. DAIRY
PRODUCTS
3.3. VEGETABLES
3.4. OTHER
FERMENTED FOOD TYPES
4. FERMENTED
FOOD AND INGREDIENTS MARKET OUTLOOK - BY INGREDIENTS
4.1. AMINO
ACIDS
4.2. ORGANIC
ACIDS
4.3. VITAMINS
4.4. INDUSTRIAL
ENZYMES
4.5. OTHER
INGREDIENTS
5. FERMENTED
FOOD AND INGREDIENTS MARKET OUTLOOK - BY DISTRIBUTION CHANNEL
5.1. RETAIL
STORES
5.2. ONLINE
STORES
5.3. OTHER
DISTRIBUTION CHANNELS
6. FERMENTED
FOOD AND INGREDIENTS MARKET – ASIA-PACIFIC
6.1. CHINA
6.2. JAPAN
6.3. INDIA
6.4. SOUTH
KOREA
6.5. ASEAN
COUNTRIES
6.6. AUSTRALIA
& NEW ZEALAND
6.7. REST
OF ASIA-PACIFIC
7. COMPETITIVE
LANDSCAPE
7.1. ARCHER
DANIELS MIDLAND COMPANY
7.2. CARGILL
7.3. CSK
FOOD ENRICHMENT (AQUIRED BY DSM)
7.4. DANONE
7.5. DUPONT
7.6. EVONIK
7.7. FLOWERS
FOODS
7.8. GENERAL
MILLS
7.9. KEVITA
(ACQUIRED BY PEPSICO)
7.10. ROYAL DSM
7.11. MONDELEZ INTERNATIONAL INC.
7.12. MÜLLER GROUP
7.13. NESTLÉ
7.14. NOVOZYMES
7.15. TETRA PAK
7.16. YAKULT HONSHA
8. RESEARCH
METHODOLOGY & SCOPE
8.1. RESEARCH
SCOPE & DELIVERABLES
8.1.1. OBJECTIVES
OF STUDY
8.1.2. SCOPE
OF STUDY
8.2. SOURCES
OF DATA
8.2.1. PRIMARY
DATA SOURCES
8.2.2. SECONDARY
DATA SOURCES
8.3. RESEARCH
METHODOLOGY
8.3.1. EVALUATION
OF PROPOSED MARKET
8.3.2. IDENTIFICATION
OF DATA SOURCES
8.3.3. ASSESSMENT
OF MARKET DETERMINANTS
8.3.4. DATA
COLLECTION
8.3.5. DATA
VALIDATION & ANALYSIS
TABLE 1: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY GEOGRAPHY, 2019-2027 (IN $ BILLION)
TABLE 2: VENDOR SCORECARD
TABLE 3: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY FOOD TYPE, 2019-2027 (IN $ BILLION)
TABLE 4: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY INGREDIENTS, 2019-2027 (IN $ BILLION)
TABLE 5: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY DISTRIBUTION CHANNEL, 2019-2027 (IN $
BILLION)
TABLE 6: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY COUNTRY, 2019-2027 (IN $ BILLION)
FIGURE 1: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY FOOD TYPE, 2018 & 2027 (IN %)
FIGURE 2: ASIA-PACIFIC
CONFECTIONERY & BAKERY PRODUCTS MARKET, 2019-2027 (IN $ BILLION)
FIGURE 3: ASIA-PACIFIC AMINO
ACIDS MARKET, 2019-2027 (IN $ BILLION)
FIGURE 4: ASIA-PACIFIC RETAIL
STORES MARKET, 2019-2027 (IN $ BILLION)
FIGURE 5: PORTER’S FIVE FORCE
ANALYSIS
FIGURE 6: MARKET
ATTRACTIVENESS INDEX
FIGURE 7: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY CONFECTIONERY & BAKERY PRODUCTS,
2019-2027 (IN $ BILLION)
FIGURE 8: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY DAIRY PRODUCTS, 2019-2027 (IN $
BILLION)
FIGURE 9: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY FERMENTED VEGETABLES, 2019-2027 (IN $
BILLION)
FIGURE 10: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY OTHER FERMENTED FOOD TYPES, 2019-2027
(IN $ BILLION)
FIGURE 11: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY AMINO ACIDS, 2019-2027 (IN $ BILLION)
FIGURE 12: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY ORGANIC ACIDS, 2019-2027 (IN $
BILLION)
FIGURE 13: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY VITAMINS, 2019-2027 (IN $ BILLION)
FIGURE 14: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY INDUSTRIAL ENZYMES, 2019-2027 (IN $
BILLION)
FIGURE 15: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY OTHER FERMENTED FOOD INGREDIENTS,
2019-2027 (IN $ BILLION)
FIGURE 16: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY RETAIL STORES, 2019-2027 (IN $
BILLION)
FIGURE 17: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, BY ONLINE STORES, 2019-2027 (IN $
BILLION)
FIGURE 18: ASIA-PACIFIC FERMENTED
FOOD AND INGREDIENTS MARKET, BY OTHER DISTRIBUTION CHANNELS, 2019-2027 (IN $
BILLION)
FIGURE 19: ASIA-PACIFIC
FERMENTED FOOD AND INGREDIENTS MARKET, REGIONAL OUTLOOK, 2018 & 2027 (IN %)
FIGURE 20: CHINA FERMENTED
FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)
FIGURE 21: JAPAN FERMENTED
FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)
FIGURE 22: INDIA FERMENTED
FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)
FIGURE 23: SOUTH KOREA
FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)
FIGURE 24: ASEAN COUNTRIES
FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)
FIGURE 25: AUSTRALIA & NEW
ZEALAND FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)
FIGURE 26: REST OF
ASIA-PACIFIC FERMENTED FOOD AND INGREDIENTS MARKET, 2019-2027 (IN $ BILLION)