Opportunities in the Asia-Pacific Dairy & Soy Food Sector: Analysis of Opportunities Offered by High-Growth Economies

  • ID: 4327688
  • Report
  • Region: Asia Pacific
  • 113 pages
  • GlobalData
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FEATURED COMPANIES

  • Amul
  • Bright
  • danone
  • Mengniu
  • Mother Dairy
  • Nestle
  • MORE
Opportunities in the Asia-Pacific Dairy & Soy Food Sector: Analysis of Opportunities Offered by High-Growth Economies

Summary

Global Dairy & Soy Food sector was valued at US$624,377.3 Million in 2016 and is forecast to record a CAGR of 4.3% over 2016-2021 to reach US$769,943.9 Million by 2021. Asia-Pacific is the second-largest region in the global Dairy & Soy Food sector, accounting for a value share of 26.1% in 2016. The value accounted for by the sector is forecast to grow at the fastest pace in value terms, registering a CAGR of 7.7% over 2016-2021, driven by the increasing acceptance of Dairy products in daily diets, rising urbanization and improving retail infrastructure in developing countries such as Indonesia and India, boosting the growth of value added Dairy products.

Asia-Pacific Dairy & Soy Food sector is forecast to grow from US$163,197.2 Million in 2016 to US$236,485.1 Million in 2021, registering a CAGR of 7.7%. Milk is the largest market in the Asia-Pacific Dairy & Soy Food sector followed by Drinkable Yogurt and Cheese. While the Milk market was valued at US$94,197.3 Million in 2016, Drinkable Yogurt and Cheese were valued at US$20,476.4 Million and US$13,985.7 Million, respectively. Drinkable Yogurt is the fastest-growing market, with value sales expected to grow at a CAGR of 17.0% during 2016-2021.

Health & Wellness market stood at US$63,461.1 Million in 2016, accounting for a 38.9% share of the overall value sales in the Asia-Pacific Dairy & Soy Food sector. Of all the high-potential countries, China is the largest market for Dairy & Soy Food products with Health & Wellness attributes, followed by Japan and Australia. Health claims such as ‘reduced fat’, ‘lactose-free’, ‘probiotic’, ‘fortified with calcium’ are very popular in the region. Demand for products with ‘all natural’ claims is also on the rise as consumers perceive natural and organic products to be better in quality.

Hypermarkets & Supermarkets is the largest distribution channel in the Asia-Pacific Dairy & Soy Food sector followed by Convenience Stores and Food & Drinks Specialists. While Hypermarkets & Supermarkets accounted for a value share of 34.5% in 2016, Convenience Stores and Food & Drinks Specialists accounted for value shares of 20.8% and 13.4%, respectively. Of all the high-potential countries, Hypermarkets & Supermarkets held the highest value share of 51.3% in Australia.

Flexible Packaging is the most commonly used Packaging Material in the Asia-Pacific Dairy & Soy Food sector, accounting for 48.6% of the overall sales in 2016, while Bag/Sachet is the most commonly used Container Type, accounting for 41.5% of the sales. Screw Top is the most commonly used Closure Type, accounting for 41.0% of sales in 2016, while Bag is the most commonly used Outer Type with a 37.0% share.

The overall Dairy & Soy Food sector in the Asia-Pacific region is partly fragmented with the top five brands - Mengniu, Amul, Wang Zai, Yili and Mother Dairy - accounting for 17.4% value share in 2016. Private Label products accounted for a value share of 4.0% in the same year.

The report "Opportunities in the Asia-Pacific Dairy & Soy Food Sector" brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific Dairy & Soy Food sector. It includes analysis on the market overview, including sector size, market size and growth analysis by markets. It provides an overview of leading brands in Asia-Pacific region, besides analyzing the growth of private label in the region, and analysis on the leading distribution channels in the Asia-Pacific Dairy & Soy Food sector in 2016. . It covers six distribution channels along with On Trade sales. The distribution channels include Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and Cash & Carries and Warehouse Clubs. Others include “Dollar Stores”, Variety Stores & General Merchandise Retailers, Department Stores, Vending machines and Other retailers. The report provides percentage share (in 2016) and growth analysis (during 2011-2021) for various packaging materials, container, closure, and outer types based on the volume sales (by pack units) of Dairy & Soy Food.

Companies mentioned in this report: Mengniu, Amul, Wang Zai, Yili, Mother Dairy, danone, Bright, Nestle.

Scope
  • The Asia-Pacific Dairy & Soy Food sector is forecast to grow at a CAGR of 7.7% to 2021.
  • Milk is the largest market in the Asia-Pacific Dairy & Soy Food sector followed by Drinkable Yogurt and Cheese.
  • While the Milk market was valued at US$94,197.3 million in 2016, Drinkable Yogurt and Cheese were valued at US$20,476.4 million and US$13,985.7 million, respectively.
  • Drinkable Yogurt is the fastest-growing market, with value sales expected to grow at a CAGR of 17.0% during 2016-2021.
Reasons to buy
  • Get a detailed understanding of consumption to align your sales and marketing efforts with the latest trends in the market.
  • Identify the areas of growth and opportunities, which will aid effective marketing planning.
  • The differing growth rates in regional product sales drive fundamental shifts in the market.
  • This report provides detailed, authoritative data on these changes - prime intelligence for marketers.
  • Understand the market dynamics and essential data to benchmark your position and to identify where to compete in the future.
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Amul
  • Bright
  • danone
  • Mengniu
  • Mother Dairy
  • Nestle
  • MORE

1. Executive summary

2. Market size and growth analysis (Regional analysis )
Market Size Analysis - Asia-Pacific compared to other regions
Growth Analysis by Region
Growth Analysis by Country
Growth Analysis by Market

3. Growth potential by countries in Asia-Pacific
Risk and reward analysis - Opportunity scores

4. Market size and growth analysis
Overview - Value and volume growth analysis by country
Growth Contribution Analysis by Country
Share of Dairy & Soy Food compared to other Food sectors
Change in consumption levels by country and Dairy & Soy Food sector
Per capita consumption and expenditure analysis

5. Country Profiles
Japan
China
Australia
Malaysia

6. Success Stories

7. Company and Brand Analysis
Brand Share Analysis in the Dairy & Soy Food sector
Leading brands in Asia-Pacific Dairy & Soy Food sector
Private label penetration in the Dairy & Soy Food sector

8. Health & Wellness Analysis
Health & Wellness Analysis - Overview
Health & Wellness market growth analysis by country
Health & Wellness Analysis - Key product attributes and consumer benefits
Leading Health & Wellness companies by market share

9. Key Distribution Channels
Leading Distribution channels by countries
Leading Distribution channels by markets

10. Key Packaging Formats
Growth analysis by key packaging material and container type
Growth analysis by closure type and outers

11. Challenges and Future Outlook
Key challenges
Future Outlook

12. Appendix

List of Tables
Regional comparison: Market size, growth, and per capita analysis, 2016-2021
Identifying high-potential countries - Risk, reward and opportunity analysis
High-potential countries in Asia-Pacific - Overview
Value share of Dairy & Soy Food sector as a proportion of overall food by country
Change in consumption by market within Dairy & Soy Food sector (value terms), 2016-2021
Per Capita Consumption in Asia-Pacific and high-potential countries, 2016
Per Capita Expenditure in Asia-Pacific and high-potential countries, 2016
Japan Dairy & Soy Food - Overview, % value share by market, 2016
China Dairy & Soy Food - Overview % value share by market, 2016
Australia Dairy & Soy Food - Overview % value share by market, 2016
Malaysia Dairy & Soy Food - Overview % value share by market, 2016
Leading brands in the Asia-Pacific Dairy & Soy Food sector and Markets by value, 2016
Leading companies in the Asia-Pacific Dairy & Soy Food sector by value sales (US$ million), 2016
Leading Brands (including Private label) in the Asia-Pacific Dairy & Soy Food sector by value sales (US$ million), 2016
Private Label penetration in the Dairy & Soy Food sector
Health & Wellness value and its share in overall sales, 2011-2021
Share of product attributes and consumer benefits in high-potential countries Asia-Pacific , 2016
Leading Health & Wellness companies with market share by Dairy & Soy Food markets (2016)
Leading Distribution Channels in the Asia-Pacific region by countries, 2016
Leading Distribution Channels in the Asia-Pacific region by markets, 2016

List of Figures
Year-on-year value growth analysis by region (2016-2021)
Year-on-year volume growth analysis by region (2016-2021)
Value and volume growth analysis by country (2016-2021)
Value and volume growth analysis by market (2016-2021)
Country level contribution to the growth by Markets in the Asia-Pacific region, 2016-2021
Japan Dairy & Soy Food - Demographic Analysis
China Dairy & Soy Food - Demographic Analysis
Australia Dairy & Soy Food - Demographic Analysis
Malaysia Dairy & Soy Food - Demographic Analysis
Country level contribution to the growth of H&W Market in the Asia-Pacific region, 2016-2021
Key packaging material volume (units) share, 2016
Unit volume growth by packaging material (2011-2021)
Key container type volume (units) share, 2016
Unit volume growth by container type (2011-2021)
Key closure type volume (units) share, 2016
Unit volume growth by closure type(2011-2021)
Key outers volume (units) share, 2016
Unit volume growth by outers (2011-2021)

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  • Mengniu
  • Amul
  • Wang Zai
  • Yili
  • Mother Dairy
  • danone
  • Bright
  • Nestle
Note: Product cover images may vary from those shown
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