Savory ingredients are the used in various food products during the manufacturing process in order to enhance the taste and flavors of the food product. Since ancient times, savory ingredients are pre-dominantly used in the Asian cuisines, especially in China and Japan. These ingredients find their application in various convenience foods such as snacks, fruits snacks, chips, nuts and others. The surge in demand for authentic, exotic, spicy flavorings in food categories has provided lucrative growth to the market in the recent past years.
Market Dynamics
The Asia-pacific savory ingredients market has witnessed a surge of growth in terms of revenue in recent past years, owing to the shifting consumer preferences towards ready-to-eat foods & beverages among consumers across the region. Gourmet salts find their application for various applications such as dips & soups, pet food, instant noodle & sauces, meat & seafood and bakery products & savory snacks.
On the basis of countries, China is expected to grow substantially in the next few years, owing to the increase in the spending capacity of the consumers in the country in recent past years. ASEAN region has accounted for a significant market share in term of revenue and is also expected to grow considerably in the forthcoming years.
Key features of the study:
- This report provides in-depth analysis of Asia-pacific savory ingredients market size (US$ Billion), and Compound Annual Growth Rate (CAGR %) for the forecast period (2019 – 2027), considering 2018 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
- It profiles leading players in the Asia-pacific savory ingredients market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study includes Angel Yeast Co., Ltd, AB, Mauri Food Inc., Ajinomoto Co., Inc., Foodchem International Corporation, The Fufeng Group, Halcyon Proteins, Sensient Technologies Corporation, Royal DSM, Lesaffre (Biospringer), and ABF Ingredients (Ohly)
- Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The Asia-pacific savory ingredients market report caters to various stakeholders in this industry including investors, suppliers, Asia-pacific savory ingredients manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analysing the Asia-pacific savory ingredients market
Detailed Segmentation:
- Asia-pacific savory ingredients Market, By Product Type:
- Yeast Extract
- Monosodium Glutamate
- Hydrolysed Vegetable Protein
- Hydrolysed Animal Protein
- Nucleotides and Others
- Asia-pacific savory ingredients Market, By Form:
- Asia-pacific savory ingredients Market, By Application:
- Food
- Dips & Soups
- Instant Noodle & Sauces
- Meat & Seafood
- Bakery Products & Savory Snacks
- Pet Food
- Others
- Asia-pacific savory ingredients Market, By Countries:
- China
- By Product type
- Yeast Extract
- Monosodium Glutamate
- Hydrolysed Vegetable Protein
- Hydrolysed Animal Protein
- Nucleotides and Others
- By Form
- By Application
- Food
- Dips & Soups
- Instant Noodle & Sauces
- Meat & Seafood
- Bakery Products & Savory Snacks
- Pet Food
- Others
- India
- By Product type
- Yeast Extract
- Monosodium Glutamate
- Hydrolysed Vegetable Protein
- Hydrolysed Animal Protein
- Nucleotides and Others
- By Form
- By Application
- Food
- Dips & Soups
- Instant Noodle & Sauces
- Meat & Seafood
- Bakery Products & Savory Snacks
- Pet Food
- Others
- Japan
- By Product type
- Yeast Extract
- Monosodium Glutamate
- Hydrolysed Vegetable Protein
- Hydrolysed Animal Protein
- Nucleotides and Others
- By Form
- By Application
- Food
- Dips & Soups
- Instant Noodle & Sauces
- Meat & Seafood
- Bakery Products & Savory Snacks
- Pet Food
- Others
- ASEAN
- By Product type
- Yeast Extract
- Monosodium Glutamate
- Hydrolysed Vegetable Protein
- Hydrolysed Animal Protein
- Nucleotides and Others
- By Form
- By Application
- Food
- Dips & Soups
- Instant Noodle & Sauces
- Meat & Seafood
- Bakery Products & Savory Snacks
- Pet Food
- Others
- Australia & New Zealand
- By Product type
- Yeast Extract
- Monosodium Glutamate
- Hydrolysed Vegetable Protein
- Hydrolysed Animal Protein
- Nucleotides and Others
- By Form
- By Application
- Food
- Dips & Soups
- Instant Noodle & Sauces
- Meat & Seafood
- Bakery Products & Savory Snacks
- Pet Food
- Others
- Rest of Asia-Pacific
- By Product type
- Yeast Extract
- Monosodium Glutamate
- Hydrolysed Vegetable Protein
- Hydrolysed Animal Protein
- Nucleotides and Others
- By Form
- By Application
- Food
- Dips & Soups
- Instant Noodle & Sauces
- Meat & Seafood
- Bakery Products & Savory Snacks
- Pet Food
- Others
- Company Profiles
- Angel Yeast Co., Ltd.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- AB, Mauri Food Inc.
- Ajinomoto Co., Inc.
- Foodchem International Corporation
- The Fufeng Group
- Halcyon Proteins
- Sensient Technologies Corporation
- Royal DSM
- Lesaffre (Biospringer)
- ABF Ingredients (Ohly)
