Opportunities in the Asia-Pacific Prepared Meals Sector: Analysis of Opportunities Offered by High Growth Economies

  • ID: 4703700
  • Report
  • Region: Asia Pacific
  • 96 pages
  • GlobalData
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FEATURED COMPANIES

  • Ajinomoto Group
  • Amy's Kitchen, Inc.
  • Itoham Foods Inc
  • Katokichi Co., Ltd.
  • Marumiya Corporation
  • Meiji Holdings Co Ltd
  • MORE
Opportunities in the Asia-Pacific Prepared Meals Sector: Analysis of Opportunities Offered by High Growth Economies

Summary

Global Prepared Meals sector was valued at US$86,943 million in 2017. Asia-Pacific emerged as the third-largest market in the global prepared meals sector in 2017, with a 25.5% value share and 18.6% volume share. The Asia-Pacific prepared meals sector registered a value CAGR of 4.4% during 2017-2022. An improving employment rate, rising urbanization levels, changing consumer preferences, and a growing female workforce are fueling the growth of prepared meals in the region.

Of all the categories, Ready Meals was the largest in the region, with value sales of US$17,121.3 million in 2017. The overall prepared meals sector in the Asia-Pacific region is fragmented with the top five brands - Marumiya, Amy's, Maruchan, Nichirei, and Katokichi - accounting for 24.1% of the market value in 2017. Private label held 5.9% share in the Asia-Pacific prepared meals sector in 2017.

The Health & Wellness (H&W) market in the Asia-Pacific prepared meals sector accounted for a 15.1% of overall values sales in the region. The rising awareness of lifestyle diseases such as obesity and the harmful effects of artificial additives is driving demand for prepared meals with ‘low-fat/low-calorie’ and ‘no artificial additives’ claims, in turn fueling the growth of prepared meals with H&W attributes.

"Opportunities in the Asia-Pacific Prepared Meals Sector", report brings together multiple data sources to provide a comprehensive overview of the region's prepared meals sector. It includes market overview, high growth country analysis, top brands, key distribution channels, packaging formats and case studies.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the prepared meals sector in the region. It includes analysis on the following -
  • Sector overview: Provides overview of the sector size, value and volume growth analysis, across regions
  • Change in consumption: Analysis on the shift in consumption of prepared meals categories across the key countries in the region.
  • High potential countries: Provides Risk-Reward analysis of top 4 high potential countries in the region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure
  • Country analysis: Provides deep-dive analysis of high potential countries covering value growth during 2017-2022, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
  • Brand analysis: Provides an overview of leading brands in the region, besides analyzing the growth of Private Label products in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels for prepared meals across the key countries in the region, in 2017. It covers these distribution channels - Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers, Cash & Carries and Warehouse Clubs, ‘Dollar Stores’ and Other retailers.
  • Preferred packaging formats: The report provides percentage share (in 2017) and growth analysis (during 2012-2022) for various packaging materials, pack type, closure type, and primary outer types based on the volume sales (units) of prepared meals.
Reasons to buy
  • Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
  • The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
  • The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
  • To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Ajinomoto Group
  • Amy's Kitchen, Inc.
  • Itoham Foods Inc
  • Katokichi Co., Ltd.
  • Marumiya Corporation
  • Meiji Holdings Co Ltd
  • MORE
1. Executive summary

2. Market size and growth analysis (Regional analysis)
Market size analysis - by region
Growth analysis by region
Growth analysis by country
Growth analysis by category

3. Growth potential by countries
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 prepared meals compared to other food sectors
Change in consumption levels by country and prepared meals categories
Per capita consumption and expenditure analysis

5. High potential countries

6. Success stories

7. Company and brand analysis
Brand Share Analysis in the prepared meals sector
Leading companies inprepared meals sector
Leading brands in the sector
Private label penetration in the sector

8. Key distribution channels
Leading distribution channels by countries
Leading distribution channels by category

9. Key packaging formats
Growth analysis by key package material and pack type
Growth analysis by closure type and primary outer type

10. Challenges and future outlook
Key challenges
Future outlook

11. Appendix

12. Trend definitions

13. About the Publisher

List of Tables
Regional comparison: Market size, growth, and per capita analysis, 2017-
Risk, reward and opportunity analysis
Countries in the region - Overview
Value share of the prepared meals sector as a proportion of other food sectors by country, 2017
Change in consumption by category within prepared meals (value terms), 2017-
Per Capita Consumption in the region by countries, 2017
Per Capita Expenditure in the region by countries, 2017
Leading brands in the sector and categories by value, 2017
Leading companies in the sector by value sales, 2017
Leading Brands (including Private label) in the sector by value, 2017
Private label penetration in the sector
Leading Distribution Channels in the region by countries, 2017
Leading Distribution Channels in the region by category, 2017

List of Figures
Annual value growth analysis by region (2017-2022)
Annual volume growth analysis by region (2017-2022)
Value and volume growth analysis by country (2017-2022)
Value and volume growth analysis by category (2017-2022)
Country level contribution to the growth by category in the region, 2017-
high potential country - Demographic Analysis
Key package material volume (units) share, 2017
Unit volume growth by package material (2012-2022)
Key pack type volume (units) share, 2017
Unit volume growth by pack type (2012-2022)
Key closure type volume (units) share, 2017
Unit volume growth by closure type (2012-2022)
Key primary outer volume (units) share, 2017
Unit volume growth by primary outer type (2012-2022)
Note: Product cover images may vary from those shown
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  • Marumiya Corporation
  • Amy's Kitchen, Inc.
  • Toyo Suisan Kaisha, Ltd.
  • Nichirei
  • Katokichi Co., Ltd.
  • Ajinomoto Group
  • Table Mark Co., Ltd
  • Nissin Food Holdings Co., LTD
  • Meiji Holdings Co Ltd
  • Itoham Foods Inc
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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