The APAC savoury ingredients market is impacted by several factors including increasing adoption of savoury flavours, rising preference and demand for hydrolysed protein-based meat products, a growing inclination towards convenience food, and an awareness of the usage of yeast extracts in lieu of salt, which provide the same taste while ensuring a reduced sodium content at the same time.
A growing demand for instant food such as noodles and sauces containing savoury ingredients is expected to drive growth of the food application segment in markets across the globe. Also, an increasing application of hydrolysed vegetable protein in food products to cater to demands from health conscious consumers is a major factor expected to drive market growth. However, stringent government regulations on the use of monosodium glutamate may hamper the growth of the APAC savoury ingredients market.
The APAC savoury ingredients market is likely to witness some key trends in the forecast period. The most predominant trend is companies’ preference of natural savoury flavours and ingredients over artificial flavours. Several companies are also moving towards adoption of yeast extract in food, which imparts a salty and savoury flavour and also reduces bitterness.
Of all the markets in the APAC region, China is the fastest growing market followed by markets in the ASEAN countries. The market in China is estimated to represent the highest value share of 35.1% in 2016 and is expected to register a CAGR of 6.6% in terms of revenue over the forecast period. The ASEAN market is likely to represent 25.4% value share by the end of 2016 and is anticipated to register the second-highest CAGR of 6.5% in terms of value over the forecast period.
The savoury ingredients market in India is expected to expand at a CAGR of 5.9% over the forecast period. The Japan savoury ingredients market is expected to grow at a CAGR of 4.5% over the forecast period.
The APAC region offers immense growth opportunities for companies operating in the savoury ingredients space. The primary reason for this is a growing demand for instant food such as noodles and savoury snacks in these markets, augmented by a substantial increase in the disposable income of people. Further, sales of savoury ingredients in these countries already accounts for a substantial revenue share of the APAC savoury ingredients market and revenue from these markets is expected to continue to increase significantly over the forecast period.
Leading companies operating in the APAC savoury ingredients market include
Table 01: Asia Pacific Savory Ingredients Market Value (US$ Mn) Forecast By Type, 2015–2026
Table 02: Asia Pacific Savory Ingredients Market Value (US$ Mn) Forecast By Form, 2015–2026
Table 03: Asia Pacific Savory Ingredients Market Value (US$ Mn) Forecast By Application, 2015–2026
Table 04: Asia Pacific Savory Ingredients Market Value (US$ Mn) Forecast By Application, 2015–2026
Table 05: Asia Pacific Savory Ingredients Market Value (US$ Mn) Forecast By country, 2015–2026
Table 06: China Savory Ingredients Market Value (US$ Mn) Forecast By Type, 2015–2026
Table 07: China Savory Ingredients Market Value (US$ Mn) Forecast By Form, 2015–2026
Table 08: China Savory Ingredients Market Value (US$ Mn) Forecast By Application, 2015–2026
Table 09: China Savory Ingredients Market Value (US$ Mn) Forecast By Application Sub-segment, 2015–2026
Table 10: India Savory Ingredients Market Value (US$ Mn) Forecast By Type, 2015–2026
Table 11: India Savory Ingredients Market Value (US$ Mn) Forecast By Form, 2015–2026
Table 12: India Savory Ingredients Market Value (US$ Mn) Forecast By Application, 2015–2026
Table 13: India Savory Ingredients Market Value (US$ Mn) Forecast By Application Sub-segment, 2015–2026
Table 14: Japan Savory Ingredients Market Value (US$ Mn) Forecast By Type, 2015–2026
Table 15: Japan Savory Ingredients Market Value (US$ Mn) Forecast By Form, 2015–2026
Table 16: Japan Savory Ingredients Market Value (US$ Mn) Forecast By Application, 2015–2026
Table 17: Japan Savory Ingredients Market Value (US$ Mn) Forecast By Application Sub-segment, 2015–2026
Table 18: ASEAN Savory Ingredients Market Value (US$ Mn) Forecast By Type, 2015–2026
Table 19: ASEAN Savory Ingredients Market Value (US$ Mn) Forecast By Form, 2015–2026
Table 20: ASEAN Savory Ingredients Market Value (US$ Mn) Forecast By Application, 2015–2026
Table 21: ASEAN Savory Ingredients Market Value (US$ Mn) Forecast By Application Sub-segment, 2015–2026
Table 22: Australia & New Zealand Savory Ingredients Market Value (US$ Mn) Forecast By Type, 2015–2026
Table 23: Australia & New Zealand Savory Ingredients Market Value (US$ Mn) Forecast By Form, 2015–2026
Table 24: Australia & New Zealand Savory Ingredients Market Value (US$ Mn) Forecast By Application, 2015–2026
Table 25: Australia & New Zealand Savory Ingredients Market Value (US$ Mn) Forecast By Application Sub-segment, 2015–2026
Table 26: Rest of APAC Savory Ingredients Market Value (US$ Mn) Forecast By Type, 2015–2026
Table 27: Rest of APAC Savory Ingredients Market Value (US$ Mn) Forecast By Form, 2015–2026
Table 28: Rest of APAC Savory Ingredients Market Value (US$ Mn) Forecast By Application, 2015–2026
Table 29: Rest of APAC Savory Ingredients Market Value (US$ Mn) Forecast By Application Sub-segment, 2015–2026
Figure 01: Asia Pacific Savory Ingredients Market Value (US$ Mn) Forecast and Y-o-Y Growth, 2015–2021 & 2026
Figure 02: Asia Pacific Savory Ingredients Market Value Absolute $ Opportunity, 2015–2026
Figure 03: Asia Pacific Savory Ingredients Value Share and BPS Analysis By Type, 2016 & 2026
Figure 04: Asia Pacific Savory Ingredients Market Absolute $ Opportunity (US$), by Yeast Extract Segment, 2016?2026
Figure 05: Asia Pacific Savory Ingredients Market Absolute $ Opportunity (US$), by Monosodium Glutamate Segment, 2016?2026
Figure 06: Asia Pacific Savory Ingredients Market Absolute $ Opportunity (US$), by Hydrolyzed Vegetable Protein Segment, 2016?2026
Figure 07: Asia Pacific Savory Ingredients Market Absolute $ Opportunity (US$), by Hydrolyzed Animal Protein Segment, 2016?2026
Figure 08: Asia Pacific Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Nucleotides and Others Segment, 2016?2026
Figure 09: Asia Pacific Savory Ingredients Value Share and BPS Analysis By Form, 2016 & 2026
Figure 10: Asia Pacific Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Liquid Segment, 2016?2026
Figure 11: Asia Pacific Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Powder Segment, 2016?2026
Figure 12: Asia Pacific Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Paste Segment, 2016?2026
Figure 13: Asia Pacific Savory Ingredients Value Share and BPS Analysis By Application, 2016 & 2026
Figure 14: Asia Pacific Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Food Segment, 2016?2026
Figure 15: Asia Pacific Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Pet Food Segment, 2016?2026
Figure 16: Asia Pacific Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Others Segment, 2016?2026
Figure 17: Asia Pacific Savory Ingredients Market Attractiveness by Type, 2016–2026
Figure 18: Asia Pacific Savory Ingredients Market Attractiveness by Form, 2016–2026
Figure 19: Asia Pacific Savory Ingredients Market Attractiveness by Application, 2016–2026
Figure 20: Asia Pacific Savory Ingredients Market Value Share and BPS Analysis By Country, 2016 & 2026
Figure 21: Asia Pacific Savory Ingredients Market Attractiveness by country, 2016–2026
Figure 22: China Savory Ingredients Market Value (US$ Mn), 2015–2026
Figure 23: China Savory Ingredients Market Absolute $ Opportunity (US$ Mn), 2016?2026
Figure 24: China Savory Ingredients market Absolute $ Opportunity (US$ Mn), by Yeast Extract Segment, 2016?2026
Figure 25: China Savory Ingredients market Absolute $ Opportunity (US$ Mn), by Monosodium Glutamate Segment, 2016?2026
Figure 26: China Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Vegetable Protein Segment, 2016?2026
Figure 27: China Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Animal Protein Segment, 2016?2026
Figure 28: China Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Nucleotides and Others Segment, 2016?2026
Figure 29: China Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Liquid Segment, 2016?2026
Figure 30: China Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Powder Segment, 2016?2026
Figure 31: China Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Paste Segment, 2016?2026
Figure 32: China Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Food Segment, 2016?2026
Figure 33: China Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Pet Food Segment, 2016?2026
Figure 34: China Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Others Segment, 2016?2026
Figure 35: China Savory Ingredients Market Attractiveness by Type, 2016–2026
Figure 36: China Savory Ingredients Market Attractiveness by Form, 2016–2026
Figure 37: China Savory Ingredients Market Attractiveness by Application, 2016–2026
Figure 38: India Savory Ingredients Market Value (US$ Mn), 2015–2026
Figure 39: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), 2016?2026
Figure 40: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Yeast Extract Segment, 2016?2026
Figure 41: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Monosodium Glutamate Segment, 2016?2026
Figure 42: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Vegetable Protein Segment, 2016?2026
Figure 43: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Animal Protein Segment, 2016?2026
Figure 44: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Nucleotides and Others Segment, 2016?2026
Figure 45: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Liquid Segment, 2016?2026
Figure 46: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Powder Segment, 2016?2026
Figure 47: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Paste Segment, 2016?2026
Figure 48: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Food Segment, 2016?2026
Figure 49: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Pet Food Segment, 2016?2026
Figure 50: India Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Others Segment, 2016?2026
Figure 51: India Savory Ingredients Market Attractiveness by Type, 2016–2026
Figure 52: India Savory Ingredients Market Attractiveness by Form, 2016–2026
Figure 53: India Savory Ingredients Market Attractiveness by Application, 2016–2026
Figure 54: Japan Savory Ingredients Market Value (US$ Mn), 2015–2026
Figure 55: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), 2016?2026
Figure 56: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Yeast Extract Segment, 2016?2026
Figure 57: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Monosodium Glutamate Segment, 2016?2026
Figure 58: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Vegetable Protein Segment, 2016?2026
Figure 59: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Animal Protein Segment, 2016?2026
Figure 60: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Nucleotides and Others Segment, 2016?2026
Figure 61: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Liquid Segment, 2016?2026
Figure 62: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Powder Segment, 2016?2026
Figure 63: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Paste Segment, 2016?2026
Figure 64: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Food Segment, 2016?2026
Figure 65: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Pet Food Segment, 2016?2026
Figure 66: Japan Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Others Segment, 2016?2026
Figure 67: Japan Savory Ingredients Market Attractiveness by Type, 2016–2026
Figure 68: Japan Savory Ingredients Market Attractiveness by Form, 2016–2026
Figure 69: Japan Savory Ingredients Market Attractiveness by Application, 2016–2026
Figure 70: ASEAN Savory Ingredients Market Value (US$ Mn), 2015–2026
Figure 71: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), 2016?2026
Figure 72: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Yeast Extract Segment, 2016?2026
Figure 73: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Monosodium Glutamate Segment, 2016?2026
Figure 74: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Vegetable Protein Segment, 2016?2026
Figure 75: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Animal Protein Segment, 2016?2026
Figure 76: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Nucleotides and Others Segment, 2016?2026
Figure 77: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Liquid Segment, 2016?2026
Figure 78: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Powder Segment, 2016?2026
Figure 79: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Paste Segment, 2016?2026
Figure 80: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Food Segment, 2016?2026
Figure 81: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Pet Food Segment, 2016?2026
Figure 82: ASEAN Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Others Segment, 2016?2026
Figure 83: ASEAN Savory Ingredients Market Attractiveness by Type, 2016–2026
Figure 84: ASEAN Savory Ingredients Market Attractiveness by Form, 2016–2026
Figure 85: ASEAN Savory Ingredients Market Attractiveness by Application, 2016–2026
Figure 86: Australia & New Zealand Savory Ingredients Market Value (US$ Mn), 2015–2026
Figure 87: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), 2016?2026
Figure 88: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Yeast Extract Segment, 2016?2026
Figure 89: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Monosodium Glutamate Segment, 2016?2026
Figure 90: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Vegetable Protein Segment, 2016?2026
Figure 91: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Animal Protein Segment, 2016?2026
Figure 92: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Nucleotides and Others Segment, 2016?2026
Figure 93: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Liquid Segment, 2016?2026
Figure 94: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Powder Segment, 2016?2026
Figure 95: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Paste Segment, 2016?2026
Figure 96: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Food Segment, 2016?2026
Figure 97: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Pet Food Segment, 2016?2026
Figure 98: Australia & New Zealand Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Others Segment, 2016?2026
Figure 99: Australia & New Zealand Savory Ingredients Market Attractiveness by Type, 2016–2026
Figure 100: Australia & New Zealand Savory Ingredients Market Attractiveness by Form, 2016–2026
Figure 101: Australia & New Zealand Savory Ingredients Market Attractiveness by Application, 2016–2026
Figure 102: Rest of APAC Savory Ingredients Market Value (US$ Mn), 2016–2026
Figure 103: Rest of APAC Savory Ingredients Market Absolute $ Opportunity (US$ Mn), 2016?2026
Figure 104: MEA Food Additive Market Absolute $ Opportunity (US$ Mn), by Yeast Extract Segment, 2016?2026
Figure 105: MEA Food Additive Market Absolute $ Opportunity (US$ Mn), by Monosodium Glutamate Segment, 2016?2026
Figure 106: Rest of APAC Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Vegetable Protein Segment, 2016?2026
Figure 107: Rest of APAC Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Hydrolyzed Animal Protein Segment, 2016?2026
Figure 108: Rest of APAC Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Nucleotides and Others Segment, 2016?2026
Figure 109: Rest of APAC Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Liquid Segment, 2016?2026
Figure 110: Rest of APAC Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Powder Segment, 2016?2026
Figure 111: Rest of APAC Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Paste Segment, 2016?2026
Figure 112: Rest of APAC Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Food Segment, 2016?2026
Figure 113: Rest of APAC Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Pet Food Segment, 2016?2026
Figure 114: Rest of APAC Savory Ingredients Market Absolute $ Opportunity (US$ Mn), by Others Segment, 2016?2026
Figure 115: Rest of APAC Savory Ingredients Market Attractiveness Index by Type, 2016–2026
Figure 116: Rest of APAC Savory Ingredients Market Attractiveness Index by Application, 2016–2026
Figure 117: Rest of APAC Savory Ingredients Market Attractiveness Index by Form, 2016–2026
The market is expected to grow at a 5.9% CAGR through 2032.
Sales are likely to exceed USD 11.99 billion by 2032.
The adoption is projected to reach USD 6.76 billion in 2022.
Asia Pacific is the primary contributor to the market.
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APAC Savoury Ingredients Market
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