ASIA PACIFIC FERMENTED FOOD AND INGREDIENTS MARKET FORECAST 2020-2028

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ASIA PACIFIC FERMENTED FOOD AND INGREDIENTS MARKET FORECAST 2020-2028

The Asia Pacific market of fermented food and ingredients is anticipated to register a CAGR of 4.81% during the forecasted period, 2020-2028. The region of Asia Pacific is predicted to experience steady growth in the fermented food and ingredients market. There is potential for healthy food, which is yet to be explored. The increasing disposable income of the individuals, especially in India and China, is a deciding factor for market growth in the region. The region of Asia Pacific is segregated into countries like India, South Korea, Japan, China, Singapore, Malaysia, Vietnam, Australia & New Zealand, Indonesia, and the rest of Asia Pacific. In regions like China, manufacturing lactose-free food products, fermented bean curd, red rice, soy sauce by food companies, and launching them, is set to result in huge market growth opportunities.

ASIA PACIFIC FERMENTED FOOD AND INGREDIENTS MARKET FORECAST 2020-2028

Asia Pacific Fermented Food and Ingredients Market by Food Type (Confectionery & Bakery Products, Dairy Products, Vegetables, Other Fermented Food Types) by Ingredients (Amino Acids, Organic Acids, Vitamins, Industrial Enzymes, Other Ingredients) by Geography.

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The Asia Pacific market of fermented food and ingredients is anticipated to register a CAGR of 4.81% during the forecasted period, 2020-2028. The region of Asia Pacific is predicted to experience steady growth in the fermented food and ingredients market. There is potential for healthy food, which is yet to be explored. The increasing disposable income of the individuals, especially in India and China, is a deciding factor for market growth in the region.

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The region of Asia Pacific is segregated into countries like India, South Korea, Japan, China, Singapore, Malaysia, Vietnam, Australia & New Zealand, Indonesia, and the rest of Asia Pacific. In regions like China, manufacturing lactose-free food products, fermented bean curd, red rice, soy sauce by food companies, and launching them, is set to result in huge market growth opportunities. In Japan, the availability of fermented food products, the growing yogurt market, and the growing demand for healthy variants of bakery products are driving the growth of the fermented food and ingredients market.

India is a huge market for fermented dairy products and fermented traditional food products. There is tremendous scope for the fermented ingredients market in India in terms of organic acids, amino acids, and enzymes. These decisive factors are driving the fermented food and ingredients market in India. In South Korea, the demand for yogurt, especially drinking yogurt, and baked products, is propelling the fermented food market growth.

Yakult Honsha Co., Ltd., headquartered in Tokyo, Japan, is a leading company in the region manufacturing and marketing of food and beverages, cosmetics, and pharmaceuticals.

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  1. RESEARCH SCOPE & METHODOLOGY
    • STUDY OBJECTIVES
    • SCOPE OF THE MARKET STUDY
    • METHODOLOGY
    • ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    • MARKET SIZE AND FORECAST
    • MARKET OVERVIEW
  3. MARKET DYNAMICS
    • DEVELOPMENT OF FERMENTED FOOD & INGREDIENTS
    • PARENT MARKET ANALYSIS
    • MARKET DEFINITION
    • MARKET DRIVERS
      • INCREASING DEMAND FOR FOOD PRESERVATION
      • SPREAD OF AWARENESS REGARDING GOOD HEALTH
      • CHANGING FOOD HABITS
    • MARKET RESTRAINTS
      • OPERATIONAL HINDERANCES
      • ADVERSE EFFECT OF FERMENTED FOOD ON HEALTH
      • GREATER PREFERENCE FOR FRESH PRODUCTS THAN FERMENTED PRODUCTS
  1. KEY ANALYTICS
    • PORTER’S FIVE FORCE MODEL
      • NEW ENTRANTS
      • SUBSTITUTION
      • SUPPLIERS POWER
      • BUYERS POWER
      • INDUSTRIAL RIVALRY
    • OPPORTUNITY MATRIX
    • VENDOR LANDSCAPE
    • KEY INVESTMENT INSIGHTS
  2. MARKET BY FOOD TYPE
    • CONFECTIONERY & BAKERY PRODUCTS
    • DAIRY PRODUCTS
    • VEGETABLES
    • OTHER FERMENTED FOOD TYPES
  3. MARKET BY INGREDIENTS
    • AMINO ACIDS
    • ORGANIC ACIDS
    • VITAMINS
    • INDUSTRIAL ENZYMES
    • OTHER INGREDIENTS
  4. MARKET BY DISTRIBUTION CHANNEL
    • RETAIL STORES
    • ONLINE STORES
    • OTHER DISTRIBUTION CHANNELS
  5. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • THAILAND
      • INDONESIA
      • VIETNAM
      • SINGAPORE
      • MALAYSIA
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. COMPANY PROFILES
    • ARCHER DANIELS MIDLAND COMPANY
    • CARGILL INCORPORATED
    • CSK FOOD ENRICHMENT (AQUIRED BY DSM)
    • DANONE
    • DUPONT
    • EVONIK GROUP
    • FLOWERS FOODS INC
    • GENERAL MILLS INC
    • KEVITA (ACQUIRED BY PEPSICO)
    • ROYAL DSM
    • MONDELĒZ INTERNATIONAL
    • MÜLLER UK & IRELAND GROUP
    • NESTLÉ S.A.
    • NOVOZYMES
    • TETRA PAK INTERNATIONAL SA
    • YAKULT HONSHA

 

LIST OF TABLES

TABLE 1: FERMENTED FOOD AND INGREDIENTS MARKET SUMMARY

TABLE 2: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY FOOD TYPE, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)

TABLE 3: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY FOOD TYPE, FORECAST YEARS, 2020-2028 (IN $ BILLION)

TABLE 4: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY INGREDIENTS, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)

TABLE 5: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY INGREDIENTS, FORECAST YEARS, 2020-2028 (IN $ BILLION)

TABLE 6: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY DISTRIBUTION CHANNEL, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)

TABLE 7: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2020-2028 (IN $ BILLION)

TABLE 8: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2019 (IN $ BILLION)

TABLE 9: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS MARKET, BY COUNTRY, FORECAST YEARS, 2020-2028 (IN $ BILLION)

FIGURE LIST

FIGURE 1: PORTER’S FIVE FORCE ANALYSIS

FIGURE 2: OPPORTUNITY MATRIX

FIGURE 3: VENDOR LANDSCAPE

FIGURE 4: KEY INVESTMENT INSIGHTS

FIGURE 5: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, GROWTH POTENTIAL BY FOOD TYPE (IN 2019)

FIGURE 6: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY CONFECTIONERY & BAKERY PRODUCTS, 2020-2028 (IN $ BILLION)

FIGURE 7: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY DAIRY PRODUCTS, 2020-2028 (IN $ BILLION)

FIGURE 8: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY VEGETABLES, 2020-2028 (IN $ BILLION)

FIGURE 9: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY OTHER FERMENTED FOOD TYPES, 2020-2028 (IN $ BILLION)

FIGURE 10: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, GROWTH POTENTIAL BY INGREDIENTS (IN 2019)

FIGURE 11: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY AMINO ACIDS, 2020-2028 (IN $ BILLION)

FIGURE 12: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY ORGANIC ACIDS, 2020-2028 (IN $ BILLION)

FIGURE 13: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY VITAMINS, 2020-2028 (IN $ BILLION)

FIGURE 14: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY INDUSTRIAL ENZYMES, 2020-2028 (IN $ BILLION)

FIGURE 15: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY OTHER INGREDIENTS, 2020-2028 (IN $ BILLION)

FIGURE 16: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, GROWTH POTENTIAL BY FOOD TYPE (IN 2019)

FIGURE 17: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY RETAIL STORES, 2020-2028 (IN $ BILLION)

FIGURE 18: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY ONLINE STORES, 2020-2028 (IN $ BILLION)

FIGURE 19: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS, BY OTHER DISTRIBUTION CHANNELS, 2020-2028 (IN $ BILLION)

FIGURE 20: ASIA PACIFIC FERMENTED FOOD & INGREDIENTS MARKET, REGIONAL OUTLOOK, 2019 & 2028 (IN %)

FIGURE 21: CHINA FERMENTED FOOD & INGREDIENTS MARKET, 2020-2028 (IN $ BILLION)

FIGURE 22: JAPAN FERMENTED FOOD & INGREDIENTS MARKET, 2020-2028 (IN $ BILLION)

FIGURE 23: INDIA FERMENTED FOOD & INGREDIENTS MARKET, 2020-2028 (IN $ BILLION)

FIGURE 24: SOUTH KOREA FERMENTED FOOD & INGREDIENTS MARKET, 2020-2028 (IN $ BILLION)

FIGURE 25: THAILAND FERMENTED FOOD & INGREDIENTS MARKET, 2020-2028 (IN $ BILLION)

FIGURE 26: INDONESIA FERMENTED FOOD & INGREDIENTS MARKET, 2020-2028 (IN $ BILLION)

FIGURE 27: VIETNAM FERMENTED FOOD & INGREDIENTS MARKET, 2020-2028 (IN $ BILLION)

FIGURE 28: SINGAPORE FERMENTED FOOD & INGREDIENTS MARKET, 2020-2028 (IN $ BILLION)

FIGURE 29: MALAYSIA FERMENTED FOOD & INGREDIENTS MARKET, 2020-2028 (IN $ BILLION)

FIGURE 30: AUSTRALIA & NEW ZEALAND FERMENTED FOOD & INGREDIENTS MARKET, 2020-2028 (IN $ BILLION)

FIGURE 31: REST OF ASIA PACIFIC FERMENTED FOOD & INGREDIENTS MARKET, 2020-2028 (IN $ BILLION)

  1. GEOGRAPHICAL ANALYSIS
    • ASIA PACIFIC
      • CHINA
      • JAPAN
      • INDIA
      • SOUTH KOREA
      • THAILAND
      • INDONESIA
      • VIETNAM
      • SINGAPORE
      • MALAYSIA
      • AUSTRALIA & NEW ZEALAND
      • REST OF ASIA PACIFIC
  1. MARKET BY FOOD TYPE
    • CONFECTIONERY & BAKERY PRODUCTS
    • DAIRY PRODUCTS
    • VEGETABLES
    • OTHER FERMENTED FOOD TYPES
  2. MARKET BY INGREDIENTS
    • AMINO ACIDS
    • ORGANIC ACIDS
    • VITAMINS
    • INDUSTRIAL ENZYMES
    • OTHER INGREDIENTS
  3. MARKET BY DISTRIBUTION CHANNEL
    • RETAIL STORES
    • ONLINE STORES
    • OTHER DISTRIBUTION CHANNELS

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