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PUBLISHER: KBV Research | PRODUCT CODE: 1529342
PUBLISHER: KBV Research | PRODUCT CODE: 1529342
Asia Pacific Savory Ingredients Market Size, Share & Trends Analysis Report By Source (Natural, and Synthetic), By Application, By Type, By Country and Growth Forecast, 2024 - 2031
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The Asia Pacific Savory Ingredients Market would witness market growth of 7.6% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Savory Ingredients Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $1,509.3 million by 2031. The Japan market is registering a CAGR of 6.9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 8.3% during (2024 - 2031).
The food industry's savory ingredients market is a dynamic segment distinguished by a diverse selection of products that enhance the flavor, aroma, and overall appeal of food. As consumer preferences shift towards more complex and diverse taste experiences, the demand for savory ingredients has grown substantially.
Additionally, the production of a wide variety of food items, such as seasonings, processed meats, sauces, ready-to-eat meals, and munchies, these components are essential components that must be present.
The fast-paced lifestyle and urbanization trends across the Asia Pacific drive the consumption of convenient food options like ready-to-eat meals and savory snacks. Savory ingredients are essential for improving the flavor and allure of these convenient food products. The increasing disposable incomes in China have significantly boosted the demand for savory ingredients, as more consumers are willing to spend on diverse and premium food products.
Based on Source, the market is segmented into Natural, and Synthetic. Based on Application, the market is segmented into Snacks, Ready Meals, Feed, and Others. Based on Type, the market is segmented into Monosodium Glutamate, Yeast Extract, Starch, Hydrolyzed Vegetable Protein, Hydrolyzed Animal Protein, Nucleotides, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Sensient Technologies Corporation
- Kerry Group plc.
- Archer Daniels Midland Company
- AngelYeast Co., Ltd.
- Tate & Lyle plc
- Associated British Foods PLC (Wittington Investments Limited)
- Koninklijke DSM N.V.
- Givaudan International SA
- Symrise AG
- Ajinomoto Co., Inc.
Asia Pacific Savory Ingredients Market Report Segmentation
By Source
- Natural
- Synthetic
By Application
- Snacks
- Ready Meals
- Feed
- Others
By Type
- Monosodium Glutamate
- Yeast Extract
- Starch
- Hydrolyzed Vegetable Protein
- Hydrolyzed Animal Protein
- Nucleotides
- Others
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
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 Savory Ingredients Market, by Source
- 1.4.2 Asia Pacific Savory Ingredients Market, by Application
- 1.4.3 Asia Pacific Savory Ingredients Market, by Type
- 1.4.4 Asia Pacific Savory Ingredients 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
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- 3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Savory Ingredients Market by Source
- 4.1 Asia Pacific Natural Market by Country
- 4.2 Asia Pacific Synthetic Market by Country
Chapter 5. Asia Pacific Savory Ingredients Market by Application
- 5.1 Asia Pacific Snacks Market by Country
- 5.2 Asia Pacific Ready Meals Market by Country
- 5.3 Asia Pacific Feed Market by Country
- 5.4 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Savory Ingredients Market by Type
- 6.1 Asia Pacific Monosodium Glutamate Market by Country
- 6.2 Asia Pacific Yeast Extract Market by Country
- 6.3 Asia Pacific Starch Market by Country
- 6.4 Asia Pacific Hydrolyzed Vegetable Protein Market by Country
- 6.5 Asia Pacific Hydrolyzed Animal Protein Market by Country
- 6.6 Asia Pacific Nucleotides Market by Country
- 6.7 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Savory Ingredients Market by Country
- 7.1 China Savory Ingredients Market
- 7.1.1 China Savory Ingredients Market by Source
- 7.1.2 China Savory Ingredients Market by Application
- 7.1.3 China Savory Ingredients Market by Type
- 7.2 Japan Savory Ingredients Market
- 7.2.1 Japan Savory Ingredients Market by Source
- 7.2.2 Japan Savory Ingredients Market by Application
- 7.2.3 Japan Savory Ingredients Market by Type
- 7.3 India Savory Ingredients Market
- 7.3.1 India Savory Ingredients Market by Source
- 7.3.2 India Savory Ingredients Market by Application
- 7.3.3 India Savory Ingredients Market by Type
- 7.4 South Korea Savory Ingredients Market
- 7.4.1 South Korea Savory Ingredients Market by Source
- 7.4.2 South Korea Savory Ingredients Market by Application
- 7.4.3 South Korea Savory Ingredients Market by Type
- 7.5 Australia Savory Ingredients Market
- 7.5.1 Australia Savory Ingredients Market by Source
- 7.5.2 Australia Savory Ingredients Market by Application
- 7.5.3 Australia Savory Ingredients Market by Type
- 7.6 Malaysia Savory Ingredients Market
- 7.6.1 Malaysia Savory Ingredients Market by Source
- 7.6.2 Malaysia Savory Ingredients Market by Application
- 7.6.3 Malaysia Savory Ingredients Market by Type
- 7.7 Rest of Asia Pacific Savory Ingredients Market
- 7.7.1 Rest of Asia Pacific Savory Ingredients Market by Source
- 7.7.2 Rest of Asia Pacific Savory Ingredients Market by Application
- 7.7.3 Rest of Asia Pacific Savory Ingredients Market by Type
Chapter 8. Company Profiles
- 8.1 Sensient Technologies Corporation
- 8.1.1 Company Overview
- 8.1.2 Financial Analysis
- 8.1.3 Segmental and Regional Analysis
- 8.1.4 Research & Development Expenses
- 8.1.5 Recent strategies and developments:
- 8.1.5.1 Acquisition and Mergers:
- 8.1.6 SWOT Analysis
- 8.2 Kerry Group PLC
- 8.2.1 Company Overview
- 8.2.2 Financial Analysis
- 8.2.3 Segmental and Regional Analysis
- 8.2.4 Research & Development Expenses
- 8.2.5 Recent strategies and developments:
- 8.2.5.1 Product Launches and Product Expansions:
- 8.2.5.2 Acquisition and Mergers:
- 8.2.6 SWOT Analysis
- 8.3 Archer Daniels Midland Company
- 8.3.1 Company Overview
- 8.3.2 Financial Analysis
- 8.3.3 Segmental and Regional Analysis
- 8.3.4 Research & Development Expense
- 8.3.5 Recent strategies and developments:
- 8.3.5.1 Partnerships, Collaborations, and Agreements:
- 8.3.5.2 Acquisition and Mergers:
- 8.3.6 SWOT Analysis
- 8.4 Angel Yeast Co., Ltd.
- 8.4.1 Company Overview
- 8.4.2 SWOT Analysis
- 8.5 Tate & Lyle PLC
- 8.5.1 Company Overview
- 8.5.2 Financial Analysis
- 8.5.3 Segmental & Regional Analysis
- 8.5.4 Research & Development Expense
- 8.5.5 SWOT Analysis
- 8.6 Associated British Foods PLC (Wittington Investments Limited)
- 8.6.1 Company Overview
- 8.6.2 Financial Analysis
- 8.6.3 Segmental and Regional Analysis
- 8.6.4 Research & Development Expense
- 8.6.5 SWOT Analysis
- 8.7 Koninklijke DSM N.V.
- 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:
- 8.7.6 SWOT Analysis
- 8.8 Givaudan S.A.
- 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 SWOT Analysis
- 8.9 Symrise AG
- 8.9.1 Company Overview
- 8.9.2 Financial Analysis
- 8.9.3 Segmental and Regional Analysis
- 8.9.4 Research & Development Expenses
- 8.9.5 SWOT Analysis
- 8.10. Ajinomoto Co., Inc.
- 8.10.1 Company Overview
- 8.10.2 Financial Analysis
- 8.10.3 Segmental & Regional Analysis
- 8.10.4 Research & Development Expenses
- 8.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 Asia Pacific Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 2 Asia Pacific Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 3 Asia Pacific Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 4 Asia Pacific Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 5 Asia Pacific Natural Market by Country, 2020 - 2023, USD Million
- TABLE 6 Asia Pacific Natural Market by Country, 2024 - 2031, USD Million
- TABLE 7 Asia Pacific Synthetic Market by Country, 2020 - 2023, USD Million
- TABLE 8 Asia Pacific Synthetic Market by Country, 2024 - 2031, USD Million
- TABLE 9 Asia Pacific Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 10 Asia Pacific Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 11 Asia Pacific Snacks Market by Country, 2020 - 2023, USD Million
- TABLE 12 Asia Pacific Snacks Market by Country, 2024 - 2031, USD Million
- TABLE 13 Asia Pacific Ready Meals Market by Country, 2020 - 2023, USD Million
- TABLE 14 Asia Pacific Ready Meals Market by Country, 2024 - 2031, USD Million
- TABLE 15 Asia Pacific Feed Market by Country, 2020 - 2023, USD Million
- TABLE 16 Asia Pacific Feed Market by Country, 2024 - 2031, USD Million
- TABLE 17 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
- TABLE 18 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
- TABLE 19 Asia Pacific Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 20 Asia Pacific Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 21 Asia Pacific Monosodium Glutamate Market by Country, 2020 - 2023, USD Million
- TABLE 22 Asia Pacific Monosodium Glutamate Market by Country, 2024 - 2031, USD Million
- TABLE 23 Asia Pacific Yeast Extract Market by Country, 2020 - 2023, USD Million
- TABLE 24 Asia Pacific Yeast Extract Market by Country, 2024 - 2031, USD Million
- TABLE 25 Asia Pacific Starch Market by Country, 2020 - 2023, USD Million
- TABLE 26 Asia Pacific Starch Market by Country, 2024 - 2031, USD Million
- TABLE 27 Asia Pacific Hydrolyzed Vegetable Protein Market by Country, 2020 - 2023, USD Million
- TABLE 28 Asia Pacific Hydrolyzed Vegetable Protein Market by Country, 2024 - 2031, USD Million
- TABLE 29 Asia Pacific Hydrolyzed Animal Protein Market by Country, 2020 - 2023, USD Million
- TABLE 30 Asia Pacific Hydrolyzed Animal Protein Market by Country, 2024 - 2031, USD Million
- TABLE 31 Asia Pacific Nucleotides Market by Country, 2020 - 2023, USD Million
- TABLE 32 Asia Pacific Nucleotides Market by Country, 2024 - 2031, USD Million
- TABLE 33 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
- TABLE 34 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
- TABLE 35 Asia Pacific Savory Ingredients Market by Country, 2020 - 2023, USD Million
- TABLE 36 Asia Pacific Savory Ingredients Market by Country, 2024 - 2031, USD Million
- TABLE 37 China Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 38 China Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 39 China Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 40 China Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 41 China Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 42 China Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 43 China Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 44 China Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 45 Japan Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 46 Japan Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 47 Japan Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 48 Japan Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 49 Japan Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 50 Japan Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 51 Japan Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 52 Japan Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 53 India Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 54 India Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 55 India Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 56 India Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 57 India Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 58 India Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 59 India Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 60 India Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 61 South Korea Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 62 South Korea Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 63 South Korea Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 64 South Korea Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 65 South Korea Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 66 South Korea Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 67 South Korea Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 68 South Korea Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 69 Australia Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 70 Australia Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 71 Australia Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 72 Australia Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 73 Australia Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 74 Australia Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 75 Australia Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 76 Australia Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 77 Malaysia Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 78 Malaysia Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 79 Malaysia Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 80 Malaysia Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 81 Malaysia Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 82 Malaysia Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 83 Malaysia Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 84 Malaysia Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 85 Rest of Asia Pacific Savory Ingredients Market, 2020 - 2023, USD Million
- TABLE 86 Rest of Asia Pacific Savory Ingredients Market, 2024 - 2031, USD Million
- TABLE 87 Rest of Asia Pacific Savory Ingredients Market by Source, 2020 - 2023, USD Million
- TABLE 88 Rest of Asia Pacific Savory Ingredients Market by Source, 2024 - 2031, USD Million
- TABLE 89 Rest of Asia Pacific Savory Ingredients Market by Application, 2020 - 2023, USD Million
- TABLE 90 Rest of Asia Pacific Savory Ingredients Market by Application, 2024 - 2031, USD Million
- TABLE 91 Rest of Asia Pacific Savory Ingredients Market by Type, 2020 - 2023, USD Million
- TABLE 92 Rest of Asia Pacific Savory Ingredients Market by Type, 2024 - 2031, USD Million
- TABLE 93 Key Information - Sensient Technologies Corporation
- TABLE 94 Key Information - Kerry Group PLC
- TABLE 95 Key Information - Archer Daniels Midland Company
- TABLE 96 Key InforTmation - Angel Yeast Co., Ltd.
- TABLE 97 Key Information - Tate & Lyle PLC
- TABLE 98 Key Information - Associated British Foods PLC
- TABLE 99 Key Information - Koninklijke DSM N.V.
- TABLE 100 Key Information - Givaudan S.A.
- TABLE 101 Key Information - Symrise AG
- TABLE 102 Key information - Ajinomoto Co., Inc.
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