Opportunities in the Asia-Pacific Savory & Deli Sector: Analysis of Opportunities Offered by High-Growth Economies

Opportunities in the Asia-Pacific Savory & Deli Sector: Analysis of Opportunities Offered by High-Growth Economies

Summary

The savory & deli sector in Asia-Pacific stood at US$25,912 million in 2017 and is forecast to reach US$38,916.9 million in 2022, registering a fastest CAGR of 8.5% compared to all regions. Pies & savory appetizers was the largest category, accounting for US$8,982.9 (34.7% of the overall savory & deli sector) in 2017 and it is expected to reach US$13,521.9 million in 2022, growing at a CAGR of 8.5%.

The overall savory & deli sector in the Asia-Pacific region is highly fragmented, with the top five brands - Busseto, Dole, Pulmuone, Four'N Twenty, and Primo - accounting for 4.5% of the overall value sales in 2017. Based on the relative performance of countries on multiple metrics, New Zealand, China, Australia, and Japan were shortlisted as high-potential countries, primarily due to the large savory & deli sector size, projected high-value growth rates, and projected rising per capita value growth levels. China was the largest market in terms of both value and volume share in 2017.

The savory & deli products with health & wellness (H&W) attributes accounted for 1.9% of the overall value sales in 2017, higher than the global share of 2.9% in the same year. Hypermarkets & supermarkets was the leading distribution channel in the Asia-Pacific savory & deli sector, with a value share of 66% in 2017, followed by convenience with a 23.8% share. Rigid plastics was the most widely used pack material, accounting for a 52.3% share in 2017, while tray was the most commonly used pack type in the savory & deli sector, accounting for a 60.1% share in the same year.

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

Companies mentioned: Busseto Foods, Inc, Dole Food Company, Inc., Patties Foods Ltd, Pulmuone Co., ltd., WH Group, Snap Fresh Foods Ltd, , Hellers Limited, Sargents Pty Ltd, Primo Smallgoods, Itoham Foods Inc.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific savory & deli sector. It includes analysis on the following -

• Sector overview: Includes sector size, market size, and growth analysis by category.


• Change in consumption: Indicates changing share of value consumption in the various savory & deli by category across high-potential countries in the Asia-Pacific region.


• High-potential countries: Provides Risk-Reward analysis of nine countries across the Asia-Pacific region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure. Out of nine, a total of four high-potential countries are shortlisted.


• Health & Wellness analysis: Provides insights on the Health & Wellness products in terms of value and percentage share in the overall savory & deli sector during 2012-2022. The analysis includes key Health & Wellness attributes and consumer benefits driving the sales of savory & deli in 2017. It also covers the market share of leading companies offering savory & deli with health and wellness attributes in the same year.


• Brand Analysis: Provides an overview of leading brands in the Asia-Pacific region, besides analyzing the growth of private label in the region.


• Key distribution channels: Provides analysis on the leading distribution channels in the Asia-Pacific savory & deli sector in 2017. It covers seven distribution channels - hypermarkets & supermarkets, convenience stores, food & drinks specialists, e-retailers, 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 pack materials pack type, closure, and primary outer types based on the volume sales (by pack units) of savory & deli.

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.