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PUBLISHER: KBV Research | PRODUCT CODE: 1401208

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PUBLISHER: KBV Research | PRODUCT CODE: 1401208

Asia Pacific Powdered Fats Market Size, Share & Industry Trends Analysis Report By Processing Technology (Spray Drying, Drum Drying, Freeze Drying, and Others), By Source, By Application, By Country and Growth Forecast, 2023 - 2030

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The Asia Pacific Powdered Fats Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030).

There are various new developments in the market. As consumer consciousness regarding the detrimental impacts of saturated fats increases, there is a developing preference for natural fat powder alternatives that promote better health. In addition, as more people choose to eat sustainably and ethically, vegan and plant-based fat powders are becoming more and more popular. Moreover, producers are emphasizing product innovation by adding functional components to meet consumers' evolving dietary requirements. Furthermore, as customers seek more convenient and effortless purchasing events, the market is seeing a boom in online sales channels and e-commerce sites.

The market has an optimistic future due to the food and beverage industry's growing achievements. Market participants are emphasizing the introduction of application-specific product lines to more effectively cater to the demands of the end-user segment. In addition, industry players have been emphasizing direct sales of these fats while channelling efforts to strengthen their distribution networks. Additionally, companies are endeavouring to produce more affordable these fats with more protein and vegetable fat content.

China's rapid industrialization and urbanization have led to changing dietary habits, with urban populations relying more on processed and convenience foods. These fats meet the needs of manufacturers catering to these evolving consumption patterns. Chinese consumers aged 18 to 60 residing in Tier-1 to Tier-6 cities are concerned with food safety and health. A substantial portion of these consumers consider consuming food or alcohol to be an emotional tension reliever. Thus, the region's escalating demand for nutritious foods and beverages drives the expansion of the market.

The China market dominated the Asia Pacific Powdered Fats Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $298.1 million by 2030. The Japan market is registering a CAGR of 4.2% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 5.6% during (2023 - 2030).

Based on Processing Technology, the market is segmented into Spray Drying, Drum Drying, Freeze Drying, and Others. Based on Source, the market is segmented into Palm & Palm Kernel, Milk, Sunflower, Coconut, Canola, Corn, and Others. Based on Application, the market is segmented into Bakery & Confectionery, Baby Food & Infant Formula, Beverages, Sauces, Dressings, & Condiments, Frozen Desserts, Dairy & Non-dairy Products, Supplements & Nutritional Products, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Kerry Group plc, Royal FrieslandCampina N.V., Aarkay Food Products Ltd., Insta Foods, Vreugdenhil BV, Zeon Lifesciences Ltd., LUS Health Ingredients BV and Glenstal Foods Ltd.

Scope of the Study

Market Segments covered in the Report:

By Processing Technology

  • Spray Drying
  • Drum Drying
  • Freeze Drying
  • Others

By Source

  • Palm & Palm Kernel
  • Milk
  • Sunflower
  • Coconut
  • Canola
  • Corn
  • Others

By Application

  • Bakery & Confectionery
  • Baby Food & Infant Formula
  • Beverages
  • Sauces, Dressings, & Condiments
  • Frozen Desserts
  • Dairy & Non-dairy Products
  • Supplements & Nutritional Products
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Companies Profiled

  • Kerry Group plc
  • Royal FrieslandCampina N.V.
  • Aarkay Food Products Ltd.
  • Insta Foods
  • Vreugdenhil BV
  • Zeon Lifesciences Ltd.
  • LUS Health Ingredients BV
  • Glenstal Foods Ltd.

Unique Offerings from KBV Research

  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 Asia Pacific Powdered Fats Market, by Processing Technology
    • 1.4.2 Asia Pacific Powdered Fats Market, by Source
    • 1.4.3 Asia Pacific Powdered Fats Market, by Application
    • 1.4.4 Asia Pacific Powdered Fats Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market At a Glance

  • 2.1 Key Highlights

Chapter 3. Market Overview

  • 3.1 Introduction
    • 3.1.1 Overview
      • 3.1.1.1 Market Composition and Scenario
  • 3.2 Key Factors Impacting the Market
    • 3.2.1 Market Drivers
    • 3.2.2 Market Restraints
  • 3.3 Porter Five Forces Analysis

Chapter 4. Asia Pacific Powdered Fats Market by Processing Technology

  • 4.1 Asia Pacific Spray Drying Market by Country
  • 4.2 Asia Pacific Drum Drying Market by Country
  • 4.3 Asia Pacific Freeze Drying Market by Country
  • 4.4 Asia Pacific Others Market by Country

Chapter 5. Asia Pacific Powdered Fats Market by Source

  • 5.1 Asia Pacific Palm & Palm Kernel Market by Country
  • 5.2 Asia Pacific Milk Market by Country
  • 5.3 Asia Pacific Sunflower Market by Country
  • 5.4 Asia Pacific Coconut Market by Country
  • 5.5 Asia Pacific Canola Market by Country
  • 5.6 Asia Pacific Corn Market by Country
  • 5.7 Asia Pacific Others Market by Country

Chapter 6. Asia Pacific Powdered Fats Market by Application

  • 6.1 Asia Pacific Bakery & Confectionery Market by Country
  • 6.2 Asia Pacific Baby Food & Infant Formula Market by Country
  • 6.3 Asia Pacific Beverages Market by Country
  • 6.4 Asia Pacific Sauces, Dressings, & Condiments Market by Country
  • 6.5 Asia Pacific Frozen Desserts Market by Country
  • 6.6 Asia Pacific Dairy & Non-dairy Products Market by Country
  • 6.7 Asia Pacific Supplements & Nutritional Products Market by Country
  • 6.8 Asia Pacific Others Market by Country

Chapter 7. Asia Pacific Powdered Fats Market by Country

  • 7.1 China Powdered Fats Market
    • 7.1.1 China Powdered Fats Market by Processing Technology
    • 7.1.2 China Powdered Fats Market by Source
    • 7.1.3 China Powdered Fats Market by Application
  • 7.2 Japan Powdered Fats Market
    • 7.2.1 Japan Powdered Fats Market by Processing Technology
    • 7.2.2 Japan Powdered Fats Market by Source
    • 7.2.3 Japan Powdered Fats Market by Application
  • 7.3 India Powdered Fats Market
    • 7.3.1 India Powdered Fats Market by Processing Technology
    • 7.3.2 India Powdered Fats Market by Source
    • 7.3.3 India Powdered Fats Market by Application
  • 7.4 South Korea Powdered Fats Market
    • 7.4.1 South Korea Powdered Fats Market by Processing Technology
    • 7.4.2 South Korea Powdered Fats Market by Source
    • 7.4.3 South Korea Powdered Fats Market by Application
  • 7.5 Singapore Powdered Fats Market
    • 7.5.1 Singapore Powdered Fats Market by Processing Technology
    • 7.5.2 Singapore Powdered Fats Market by Source
    • 7.5.3 Singapore Powdered Fats Market by Application
  • 7.6 Malaysia Powdered Fats Market
    • 7.6.1 Malaysia Powdered Fats Market by Processing Technology
    • 7.6.2 Malaysia Powdered Fats Market by Source
    • 7.6.3 Malaysia Powdered Fats Market by Application
  • 7.7 Rest of Asia Pacific Powdered Fats Market
    • 7.7.1 Rest of Asia Pacific Powdered Fats Market by Processing Technology
    • 7.7.2 Rest of Asia Pacific Powdered Fats Market by Source
    • 7.7.3 Rest of Asia Pacific Powdered Fats Market by Application

Chapter 8. Company Profiles

  • 8.1 Insta Foods
    • 8.1.1 Company Overview
    • 8.1.2 SWOT Analysis
  • 8.2 Vreugdenhil BV
    • 8.2.1 Company Overview
    • 8.2.2 SWOT Analysis
  • 8.3 Zeon Lifesciences Ltd.
    • 8.3.1 Company Overview
    • 8.3.2 SWOT Analysis
  • 8.4 LUS Health Ingredients BV
    • 8.4.1 Company Overview
    • 8.4.2 SWOT Analysis
  • 8.5 Glenstal Foods Ltd.
    • 8.5.1 Company Overview
    • 8.5.2 SWOT Analysis
  • 8.6 Aarkay Food Products Ltd.
    • 8.6.1 Company Overview
  • 8.7 Kerry Group PLC
    • 8.7.1 Company Overview
    • 8.7.2 Financial Analysis
    • 8.7.3 Segmental and Regional Analysis
    • 8.7.4 Research & Development Expenses
    • 8.7.5 Recent strategies and developments:
      • 8.7.5.1 Acquisition and Mergers:
      • 8.7.5.2 Geographical Expansions:
    • 8.7.6 SWOT Analysis
  • 8.8 Royal FrieslandCampina N.V.
    • 8.8.1 Company Overview
    • 8.8.2 Financial Analysis
    • 8.8.3 Segmental and Regional Analysis
    • 8.8.4 Research & Development Expenses
    • 8.8.5 Recent strategies and developments:
      • 8.8.5.1 Product Launches and Product Expansions:
    • 8.8.6 SWOT Analysis

LIST OF TABLES

  • TABLE 1 Asia Pacific Powdered Fats Market, 2019 - 2022, USD Million
  • TABLE 2 Asia Pacific Powdered Fats Market, 2023 - 2030, USD Million
  • TABLE 3 Asia Pacific Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
  • TABLE 4 Asia Pacific Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
  • TABLE 5 Asia Pacific Spray Drying Market by Country, 2019 - 2022, USD Million
  • TABLE 6 Asia Pacific Spray Drying Market by Country, 2023 - 2030, USD Million
  • TABLE 7 Asia Pacific Drum Drying Market by Country, 2019 - 2022, USD Million
  • TABLE 8 Asia Pacific Drum Drying Market by Country, 2023 - 2030, USD Million
  • TABLE 9 Asia Pacific Freeze Drying Market by Country, 2019 - 2022, USD Million
  • TABLE 10 Asia Pacific Freeze Drying Market by Country, 2023 - 2030, USD Million
  • TABLE 11 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
  • TABLE 12 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
  • TABLE 13 Asia Pacific Powdered Fats Market by Source, 2019 - 2022, USD Million
  • TABLE 14 Asia Pacific Powdered Fats Market by Source, 2023 - 2030, USD Million
  • TABLE 15 Asia Pacific Palm & Palm Kernel Market by Country, 2019 - 2022, USD Million
  • TABLE 16 Asia Pacific Palm & Palm Kernel Market by Country, 2023 - 2030, USD Million
  • TABLE 17 Asia Pacific Milk Market by Country, 2019 - 2022, USD Million
  • TABLE 18 Asia Pacific Milk Market by Country, 2023 - 2030, USD Million
  • TABLE 19 Asia Pacific Sunflower Market by Country, 2019 - 2022, USD Million
  • TABLE 20 Asia Pacific Sunflower Market by Country, 2023 - 2030, USD Million
  • TABLE 21 Asia Pacific Coconut Market by Country, 2019 - 2022, USD Million
  • TABLE 22 Asia Pacific Coconut Market by Country, 2023 - 2030, USD Million
  • TABLE 23 Asia Pacific Canola Market by Country, 2019 - 2022, USD Million
  • TABLE 24 Asia Pacific Canola Market by Country, 2023 - 2030, USD Million
  • TABLE 25 Asia Pacific Corn Market by Country, 2019 - 2022, USD Million
  • TABLE 26 Asia Pacific Corn Market by Country, 2023 - 2030, USD Million
  • TABLE 27 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
  • TABLE 28 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
  • TABLE 29 Asia Pacific Powdered Fats Market by Application, 2019 - 2022, USD Million
  • TABLE 30 Asia Pacific Powdered Fats Market by Application, 2023 - 2030, USD Million
  • TABLE 31 Asia Pacific Bakery & Confectionery Market by Country, 2019 - 2022, USD Million
  • TABLE 32 Asia Pacific Bakery & Confectionery Market by Country, 2023 - 2030, USD Million
  • TABLE 33 Asia Pacific Baby Food & Infant Formula Market by Country, 2019 - 2022, USD Million
  • TABLE 34 Asia Pacific Baby Food & Infant Formula Market by Country, 2023 - 2030, USD Million
  • TABLE 35 Asia Pacific Beverages Market by Country, 2019 - 2022, USD Million
  • TABLE 36 Asia Pacific Beverages Market by Country, 2023 - 2030, USD Million
  • TABLE 37 Asia Pacific Sauces, Dressings, & Condiments Market by Country, 2019 - 2022, USD Million
  • TABLE 38 Asia Pacific Sauces, Dressings, & Condiments Market by Country, 2023 - 2030, USD Million
  • TABLE 39 Asia Pacific Frozen Desserts Market by Country, 2019 - 2022, USD Million
  • TABLE 40 Asia Pacific Frozen Desserts Market by Country, 2023 - 2030, USD Million
  • TABLE 41 Asia Pacific Dairy & Non-dairy Products Market by Country, 2019 - 2022, USD Million
  • TABLE 42 Asia Pacific Dairy & Non-dairy Products Market by Country, 2023 - 2030, USD Million
  • TABLE 43 Asia Pacific Supplements & Nutritional Products Market by Country, 2019 - 2022, USD Million
  • TABLE 44 Asia Pacific Supplements & Nutritional Products Market by Country, 2023 - 2030, USD Million
  • TABLE 45 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
  • TABLE 46 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
  • TABLE 47 Asia Pacific Powdered Fats Market by Country, 2019 - 2022, USD Million
  • TABLE 48 Asia Pacific Powdered Fats Market by Country, 2023 - 2030, USD Million
  • TABLE 49 China Powdered Fats Market, 2019 - 2022, USD Million
  • TABLE 50 China Powdered Fats Market, 2023 - 2030, USD Million
  • TABLE 51 China Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
  • TABLE 52 China Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
  • TABLE 53 China Powdered Fats Market by Source, 2019 - 2022, USD Million
  • TABLE 54 China Powdered Fats Market by Source, 2023 - 2030, USD Million
  • TABLE 55 China Powdered Fats Market by Application, 2019 - 2022, USD Million
  • TABLE 56 China Powdered Fats Market by Application, 2023 - 2030, USD Million
  • TABLE 57 Japan Powdered Fats Market, 2019 - 2022, USD Million
  • TABLE 58 Japan Powdered Fats Market, 2023 - 2030, USD Million
  • TABLE 59 Japan Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
  • TABLE 60 Japan Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
  • TABLE 61 Japan Powdered Fats Market by Source, 2019 - 2022, USD Million
  • TABLE 62 Japan Powdered Fats Market by Source, 2023 - 2030, USD Million
  • TABLE 63 Japan Powdered Fats Market by Application, 2019 - 2022, USD Million
  • TABLE 64 Japan Powdered Fats Market by Application, 2023 - 2030, USD Million
  • TABLE 65 India Powdered Fats Market, 2019 - 2022, USD Million
  • TABLE 66 India Powdered Fats Market, 2023 - 2030, USD Million
  • TABLE 67 India Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
  • TABLE 68 India Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
  • TABLE 69 India Powdered Fats Market by Source, 2019 - 2022, USD Million
  • TABLE 70 India Powdered Fats Market by Source, 2023 - 2030, USD Million
  • TABLE 71 India Powdered Fats Market by Application, 2019 - 2022, USD Million
  • TABLE 72 India Powdered Fats Market by Application, 2023 - 2030, USD Million
  • TABLE 73 South Korea Powdered Fats Market, 2019 - 2022, USD Million
  • TABLE 74 South Korea Powdered Fats Market, 2023 - 2030, USD Million
  • TABLE 75 South Korea Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
  • TABLE 76 South Korea Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
  • TABLE 77 South Korea Powdered Fats Market by Source, 2019 - 2022, USD Million
  • TABLE 78 South Korea Powdered Fats Market by Source, 2023 - 2030, USD Million
  • TABLE 79 South Korea Powdered Fats Market by Application, 2019 - 2022, USD Million
  • TABLE 80 South Korea Powdered Fats Market by Application, 2023 - 2030, USD Million
  • TABLE 81 Singapore Powdered Fats Market, 2019 - 2022, USD Million
  • TABLE 82 Singapore Powdered Fats Market, 2023 - 2030, USD Million
  • TABLE 83 Singapore Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
  • TABLE 84 Singapore Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
  • TABLE 85 Singapore Powdered Fats Market by Source, 2019 - 2022, USD Million
  • TABLE 86 Singapore Powdered Fats Market by Source, 2023 - 2030, USD Million
  • TABLE 87 Singapore Powdered Fats Market by Application, 2019 - 2022, USD Million
  • TABLE 88 Singapore Powdered Fats Market by Application, 2023 - 2030, USD Million
  • TABLE 89 Malaysia Powdered Fats Market, 2019 - 2022, USD Million
  • TABLE 90 Malaysia Powdered Fats Market, 2023 - 2030, USD Million
  • TABLE 91 Malaysia Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
  • TABLE 92 Malaysia Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
  • TABLE 93 Malaysia Powdered Fats Market by Source, 2019 - 2022, USD Million
  • TABLE 94 Malaysia Powdered Fats Market by Source, 2023 - 2030, USD Million
  • TABLE 95 Malaysia Powdered Fats Market by Application, 2019 - 2022, USD Million
  • TABLE 96 Malaysia Powdered Fats Market by Application, 2023 - 2030, USD Million
  • TABLE 97 Rest of Asia Pacific Powdered Fats Market, 2019 - 2022, USD Million
  • TABLE 98 Rest of Asia Pacific Powdered Fats Market, 2023 - 2030, USD Million
  • TABLE 99 Rest of Asia Pacific Powdered Fats Market by Processing Technology, 2019 - 2022, USD Million
  • TABLE 100 Rest of Asia Pacific Powdered Fats Market by Processing Technology, 2023 - 2030, USD Million
  • TABLE 101 Rest of Asia Pacific Powdered Fats Market by Source, 2019 - 2022, USD Million
  • TABLE 102 Rest of Asia Pacific Powdered Fats Market by Source, 2023 - 2030, USD Million
  • TABLE 103 Rest of Asia Pacific Powdered Fats Market by Application, 2019 - 2022, USD Million
  • TABLE 104 Rest of Asia Pacific Powdered Fats Market by Application, 2023 - 2030, USD Million
  • TABLE 105 Key Information - Insta Foods
  • TABLE 106 Key Information - Vreugdenhil BV
  • TABLE 107 Key Information - Zeon Lifesciences Ltd.
  • TABLE 108 Key Information - LUS Health Ingredients BV
  • TABLE 109 Key Information - Glenstal Foods Ltd.
  • TABLE 110 Key Information - Aarkay Food Products Ltd.
  • TABLE 111 Key Information - Kerry Group PLC
  • TABLE 112 Key Information - Royal FrieslandCampina N.V.
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