Asia-Pacific Fermented Food and Ingredients Market 2019-2027

MARKET OUTLOOK

As per this report, the fermented food and ingredients market in Asia-Pacific is estimated to show growth at a CAGR 4.14% over the forecast period 2019-2027.

China, Japan, ASEAN countries, South Korea, India, Australia & New Zealand, and the Rest of APAC together constitute Asia-Pacific’s fermented food and ingredients market.

Asia-Pacific region has great potential in the fermented food and ingredients market in countries like China. Traditionally, fermentation is an important part of the food production rice in this country. However, as the majority of the population suffers from lactose intolerance, a digestive disorder caused by the inability to digest sugar in the dairy products completely, the fermentation food & ingredients market growth is hampered. The introduction of lactose-free fermented dairy products by the food companies will change the market trend in the country.

As per the Food and Agricultural Organisation (FAO) of the United Nations, India is the largest dairy-producing country in the world. Big companies are marketing local dairy products such as buttermilk and cottage cheese under their brand names and utilizing the potential of these products to proliferate their business. Besides, there is great potential for amino acids, organic acids, and enzymes, that are used for the processing of fermented foods. However, the process of extracting vitamins using fermentation is expensive and is not feasible as the processing capabilities are undeveloped in India.

In addition to the bakery and dairy products, other delicacies like idli, dosa, dhokla, pickles and their varieties are also consumed by Indians. Considering the diversity in the tastes & preferences of food items of the people in this country, the companies have a huge opportunity, regarding the scope of product innovation.

COMPETITIVE OUTLOOK

The major players in the fermented food and ingredients market are CSK Food Enrichment (acquired by DSM), Evonik, Archer Daniels Midland Company, Danone and General Mills.

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 UK & Ireland
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

List of Tables:

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)

List of Figures:

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)