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Asia Pacific Savoury Ingredients Market By Type (Yeast Extracts, Hydrolysed Vegetable Protein, Hydrolysed Animal Protein, Monosodium Glutamate, Nucleotides And Others), By Origin (Natural And Synthetic), By Form (Liquid, Powders And Others), By Applications (Food And Feed) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: January, 2022
ID: 7371
Pages: 145

Asia Pacific Savoury Ingredients Market was worth USD 1 billion in 2016 and estimated to be growing at a CAGR of 7.4%, to reach USD 1.39 billion by 2021. Savoury ingredients are kind of flavour enhancer which possess the property to modify flavours in food without contributing to any separate flavour of their own.

Savoury Ingredients are mostly used when manufacturing processed savoury foods like snacks, frozen meals and others. Savoury ingredients impart pleasant taste and smell especially by reason of effective seasoning. Savoury ingredients play an important role in enhancing the umami flavour of the product which is supporting its growth in the current scenario.

Factors attributable for the growth of market are rising disposable income, increasing demand for Ready-to-eat foods and ready-to-cook foods. Savoury ingredients are used in the animal feed & pet food industry to enhance food flavours, and the growing demand for packaged food is also expected to boost the growth of market. However, health issues in long term use of these ingredients and stringent regulations are hindering the growth of market.

The Asia Pacific market for Savoury Ingredients is segmented based on Type, Origin, Form and Application. Based on Type – Yeast Extracts, Hydrolysed Vegetable protein, Hydrolysed Animal protein, Monosodium Glutamate, Nucleotides and Others. Based on Origin – Natural and Synthetic. Based on form – Powder, Liquid and Other. Based on Applications – Food and Feed. Based on Geographical analysis the market is separated into regions of China, India, Japan, South Korea and Australia. China is leading the market regionally, followed by India due to the presence of large population base of consumers opting processed food and ready to eat products. India is expected to grow the fastest owing to its increasing disposable income, rise in living standards and growing adoption rate. Food segment is the largest in terms of application and is expected to grow the fastest due to increasing use of convenient and ready to east meal industry. Yeast extract segment is expected to grow the fastest due to the shift of consumers towards natural food and feed ingredients. With increase in awareness amongst consumers about the health and environmental concerns, the demand for the natural ingredients is increasing to ensure the quality and safety of food products. These ingredients do not contain any artificial or chemical flavouring substances, and can be used in their natural form. Focusing on the rising demand for natural food products and increasing health and wellness awareness among consumers, most chemically manufactured food ingredients are being replaced by natural ones.

Some of the key manufacturers of Savoury Ingredients are Ajionomoto Co., Inc., Koninklijke DSM N.V., Kerry Group PLC, Tate & Lyle PLC, Givaudan, Symrise AG, Lesaffre Group, Senseint Technologies Corporation, Angelyeast Co., Ltd., Vedan International (Holdings) Limited.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

2. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

3. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                              

                5.1 Type                              

                                5.1.1 Introduction           

                                5.1.2 Yeast Extracts        

                                5.1.3 Hydrolysed Vegetable protein       

                                5.1.4 Hydrolysed Animal protein              

                                5.1.5 Monosodium Glutamate  

                                5.1.6 Nucleotides            

                                5.1.7 Others      

                                5.1.8  Y-o-Y Growth Analysis, By Type    

                                5.1.9  Market Attractiveness Analysis, By Type  

                                5.1.10  Market Share Analysis, By Type  

                5.2 Origin                            

                                5.2.1 Introduction           

                                5.2.2 Natural     

                                5.2.3 Synthetic 

                                5.2.4 Y-o-Y Growth Analysis, By Origin   

                                5.2.5 Market Attractiveness Analysis, By Origin

                                5.2.6 Market Share Analysis, By Origin   

                5.3 Form                             

                                5.3.1 Introduction           

                                5.3.2 Powder    

                                5.3.3 Liquid        

                                5.3.4 Other Forms           

                                5.3.5 Y-o-Y Growth Analysis, By Form     

                                5.3.6  Market Attractiveness Analysis, By Form  

                                5.3.7  Market Share Analysis, By Form   

                5.4 Applications                               

                                5.4.1 Introduction           

                                5.4.2 Food          

                                5.4.3 Feed          

                                5.4.4 Y-o-Y Growth Analysis, By Applications       

                                5.4.5  Market Attractiveness Analysis, By Applications    

                                5.4.6  Market Share Analysis, By Applications     

6. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Type

                                                6.1.3.3 By Origin

                                                6.1.3.4 By Form

                                                6.1.3.5 By Applications

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Type

                                                6.1.4.3 By Origin

                                                6.1.4.4 By Form

                                                6.1.4.5 By Applications

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Type

                                                6.1.5.3 By Origin

                                                6.1.5.4 By Form

                                                6.1.5.5 By Applications

                6.2 China                             

                6.3 India                              

                6.4 Japan                            

                6.5 South Korea                               

                6.6 Australia                      

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Ajionomoto Co.                        

                                8.1.1 Overview 

                                8.1.2 Type Analysis         

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Koninklijke DSM N.V.                             

                8.3 Kerry Group PLC                       

                8.4 Tate & Lyle PLC                         

                8.5 Givaudan                     

                8.6 Symrise AG                 

                8.7 Lesaffre Group                         

                8.8 Senseint Technologies Corporation                 

                8.9 Angelyeast Co., Ltd.                

                8.10 Vedan International (Holdings) Limited                       

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

                a) List of Tables                

                b) List of Figures                              

  1. Asia-Pacific Savoury Ingredients Market By Type, From 2022 - 2027 ( USD Billion )
  2. Asia-Pacific Yeast Extracts Market By Region, From 2022 - 2027 ( USD Billion )
  3. Asia-Pacific Hydrolysed Vegetable protein Market By Region, From 2022 - 2027 ( USD Billion )
  4. Asia-Pacific Hydrolysed Animal protein Market By Region, From 2022 - 2027 ( USD Billion )
  5. Asia-Pacific Monosodium Glutamate Market By Region, From 2022 - 2027 ( USD Billion )
  6. Asia-Pacific Nucleotides Market By Region, From 2022 - 2027 ( USD Billion )
  7. Asia-Pacific Others Market By Region, From 2022 - 2027 ( USD Billion )
  8. Asia-Pacific Savoury Ingredients Market By Origin, From 2022 - 2027 ( USD Billion )
  9. Asia-Pacific Natural Market By Region, From 2022 - 2027 ( USD Billion )
  10. Asia-Pacific Synthetic Market By Region, From 2022 - 2027 ( USD Billion )
  11. Asia-Pacific Savoury Ingredients Market By Form, From 2022 - 2027 ( USD Billion )
  12. Asia-Pacific Liquid Market By Region, From 2022 - 2027 ( USD Billion )
  13. Asia-Pacific Powders Market By Region, From 2022 - 2027 ( USD Billion )
  14. Asia-Pacific Others Market By Region, From 2022 - 2027 ( USD Billion )
  15. Asia-Pacific Savoury Ingredients Market By Applications, From 2022 - 2027 ( USD Billion )
  16. Asia-Pacific Food Market By Region, From 2022 - 2027 ( USD Billion )
  17. Asia-Pacific Feed Market By Region, From 2022 - 2027 ( USD Billion )
  18. Japan Savoury Ingredients Market By Type, From 2022 - 2027 ( USD Billion )
  19. Japan Savoury Ingredients Market By Origin, From 2022 - 2027 ( USD Billion )
  20. Japan Savoury Ingredients Market By Form, From 2022 - 2027 ( USD Billion )
  21. Japan Savoury Ingredients Market By Applications, From 2022 - 2027 ( USD Billion )
  22. China Savoury Ingredients Market By Type, From 2022 - 2027 ( USD Billion )
  23. China Savoury Ingredients Market By Origin, From 2022 - 2027 ( USD Billion )
  24. China Savoury Ingredients Market By Form, From 2022 - 2027 ( USD Billion )
  25. China Savoury Ingredients Market By Applications, From 2022 - 2027 ( USD Billion )
  26. India Savoury Ingredients Market By Type, From 2022 - 2027 ( USD Billion )
  27. India Savoury Ingredients Market By Origin, From 2022 - 2027 ( USD Billion )
  28. India Savoury Ingredients Market By Form, From 2022 - 2027 ( USD Billion )
  29. India Savoury Ingredients Market By Applications, From 2022 - 2027 ( USD Billion )
  30. Australia Savoury Ingredients Market By Type, From 2022 - 2027 ( USD Billion )
  31. Australia Savoury Ingredients Market By Origin, From 2022 - 2027 ( USD Billion )
  32. Australia Savoury Ingredients Market By Form, From 2022 - 2027 ( USD Billion )
  33. Australia Savoury Ingredients Market By Applications, From 2022 - 2027 ( USD Billion )
  34. South Korea Savoury Ingredients Market By Type, From 2022 - 2027 ( USD Billion )
  35. South Korea Savoury Ingredients Market By Origin, From 2022 - 2027 ( USD Billion )
  36. South Korea Savoury Ingredients Market By Form, From 2022 - 2027 ( USD Billion )
  37. South Korea Savoury Ingredients Market By Applications, From 2022 - 2027 ( USD Billion )
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