Asia Pacific Savory Ingredients Market, By Product Type (Yeast, Proteins, Starches, Monosodium Glutamate (MSG), and Others), By Form (Powder, Liquid, and Others), By Application (Food, Processed Foods, Snacks, Feed, and Others)
Asia Pacific Savory Ingredients Market, By Product Type (Yeast, Proteins, Starches, Monosodium Glutamate (MSG), and Others), By Form (Powder, Liquid, and Others), By Application (Food, Processed Foods, Snacks, Feed, and Others)
The Asia Pacific region has emerged as one of the fastest growing markets for savory ingredients globally. Rapid urbanization, rising disposable incomes, and expanding food processing industry in countries like China, India, Japan, and others have been driving the demand for upgraded savory solutions. Consumers in the region are increasingly adopting Western food habits and preferring packaged and convenience food products that offer enhanced taste and flavor.
Market Dynamics
The Asia Pacific savory ingredients market has been witnessing strong growth driven by surging demand for packaged foods and snacks. Rapid economic development, growing middle class population, and busy lifestyles have increased the consumption of convenient food items in the region. This has encouraged food companies to launch innovative product lines using advanced taste enhancers and flavorings. However, price volatility of major raw materials like spices, herbs, and seasonings remains a key challenge for market players. On the positive side, companies are investing heavily in R&D to develop clean label, natural, and organic savory products, which provides new opportunities. Moreover, rising health-consciousness among consumers has boosted the demand for lower-salt, lower-fat, and functional savory solutions. This has pushed food manufacturers to utilize premium quality savory ingredients in their products. Moreover, growth in the fast food and snacks segment has also contributed to the sales of savory ingredients in Asia Pacific in recent years.
Key Features of the Study
This report provides in-depth analysis of the Asia Pacific savory ingredients market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the Asia Pacific savory ingredients market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Ajinomoto Co., Inc., Koninklijke DSM N.V., Kerry Group PLC, Tate & Lyle PLC, Symrise AG, Givaudan SA, Sensient Technologies Corporation, Savoury Systems International LLC, P. Ingredients Ltd., and Synergy Flavors
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The Asia Pacific savory ingredients market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Asia Pacific savory ingredients market
Market Segmentation
By Product Type Insights (Revenue, USD Bn, 2019 - 2031)
Yeast
Proteins
Starches
Monosodium Glutamate (MSG)
Others
By Form Insights (Revenue, USD Bn, 2019 - 2031)
Powder
Liquid
Others
By Application Insights (Revenue, USD Bn, 2019 - 2031)
Food
Processed Foods
Snacks
Feed
Others
Key Players Insights
Ajinomoto Co., Inc.
Koninklijke DSM N.V.
Kerry Group PLC
Tate & Lyle PLC
Symrise AG
Givaudan SA
Sensient Technologies Corporation
Savoury Systems International LLC
Ingredients Ltd.
Synergy Flavors
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Form
Market Snippet, By Application
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
PEST Analysis
PORTER’s Five Forces Analysis
Market Opportunities
Regulatory Scenario
Key Developments
Industry Trend
4. Asia Pacific Savory Ingredients Market - Impact of Coronavirus (COVID-19) Pandemic
Overview
Factors Affecting the Asia Pacific Savory Ingredients Market – COVID-19
Impact Analysis
5. Asia Pacific Savory Ingredients Market, By Product Type, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Yeast
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Proteins
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Starches
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Monosodium Glutamate (MSG)
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Others
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
6. Asia Pacific Savory Ingredients Market, By Form, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Powder
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Liquid
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Others
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
7. Asia Pacific Savory Ingredients Market, By Application, 2019-2031, (USD Bn)
Introduction
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 - 2031
Segment Trends
Food
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Processed Foods
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Snacks
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Feed
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
Others
Market Share Analysis, 2024, 2027, and 2031 (%)
Y-o-Y Growth Analysis, 2020 – 2031
Segment Trends
8. Competitive Landscape
Heat Map Analysis
Market Share Analysis (3x3 Matrix)
Company Profiles
Ajinomoto Co., Inc.
Company Overview
Product Type Portfolio
Recent Developments/Updates
Koninklijke DSM N.V.
Company Overview
Product Type Portfolio
Recent Developments/Updates
Kerry Group PLC
Company Overview
Product Type Portfolio
Recent Developments/Updates
Tate & Lyle PLC
Company Overview
Product Type Portfolio
Recent Developments/Updates
Symrise AG
Company Overview
Product Type Portfolio
Recent Developments/Updates
Givaudan SA
Company Overview
Product Type Portfolio
Recent Developments/Updates
Sensient Technologies Corporation
Company Overview
Product Type Portfolio
Recent Developments/Updates
Savoury Systems International LLC
Company Overview
Product Type Portfolio
Recent Developments/Updates
P. Ingredients Ltd.
Company Overview
Product Type Portfolio
Recent Developments/Updates
Synergy Flavors
Company Overview
Product Type Portfolio
Recent Developments/Updates
9. Analyst Recommendation
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Section
References
Research Methodology
About Us and Sales Contact
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