Opportunities in the Asia-Pacific Food Industry 2025

Provides an overview of current Asia-Pacific food scenario regarding the future outlook in terms of ingredients, product claims, labeling, distribution, and packaging. It also highlights industry size, growth drivers, latest developments, and future inhibitors for the Asia-Pacific. The analysis also covers regional market size comparison - Asia-Pacific vs. other regions

Growing disposable incomes, rising urbanization, and the expansion of ecommerce channels are stimulating growth in the Asia-Pacific food industry. Consequently, the market, valued at $1.4 trillion in 2024, is forecast to record a compound annual growth rate (CAGR) of 3.7% and reach $1.7 trillion in 2029. In volume terms, the region is expected to record a CAGR of 1.8% during 2024-29. Meat was the largest sector in 2024, generating sales of $434.6 billion, and holding a 31% share of the overall industry. Dairy & soy food was the second-largest sector, accounting for a 14.6% value share.

Key Highlights

• Increasing disposable incomes, rising urbanization, and growing demand for convenient food options will fuel the growth of the global food industry. Convenience will remain a key growth driver for food manufacturers in the Asia-Pacific region. This will be supported by rapid urbanization, the growth of dual-income households, and increasingly time-pressed consumers. Consumers are increasingly prioritizing health when choosing food products. This is due to an increasing consumer interest in preventive healthcare to avoid conditions such as diabetes and obesity

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific food industry, analyzing data from 26 countries in the region. It includes analysis on the following -

• Market environment: Includes industry size, market size, and growth analysis by sector.
• High-potential countries analysis: It provides risk-reward analysis of four countries across the Asia-Pacific region based on market assessment, economic development, sociodemographic factors, governance indicators, and technological infrastructure.
• Country deep dive: Provides the overview and key trends across high-potential countries.
• Success stories: This section features some of the most compelling food products manufacturers, brands, products, and marketing campaigns in the Asia-Pacific region. It also provides a better understanding of how certain manufacturers achieved success in the industry, and insights.
• Competitive environment: Provides an overview of leading companies in the Asia-Pacific region, besides analyzing the growth of private label in the region.
• Health & wellness analysis*: Provides insights on health & wellness products in terms of value and percentage share in the overall food industry during 2019-24. The analysis includes key health & wellness attributes and consumer benefits driving sales of food in high-potential countries in 2024. It also covers the market shares of leading companies offering food products with health & wellness attributes.
• Distribution analysis: Provides analysis on the leading distribution channels in the Asia-Pacific food industry in 2024. It covers six distribution channels: modern retail, traditional retail, specialist retail, cash & carries & warehouse clubs, vending machines, direct sellers, and other channels.
• Packaging analysis*: The report provides percentage share (2024) and growth analysis (during 2019-24) for various pack materials, pack types, closures, and primary outer types based on volume sales (by pack units) of food products.
• Challenges and outlook: Provides the challenges and outlook pertaining to the Asia-Pacific food industry.
• Select industry metrics: Provides the insights on patent filings, job analytics by country and theme, as well as on global deals.

Reasons to Buy

• Manufacturers and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region
• The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances
• The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
• To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates