Ready meals, baked goods, breakfast cereals, soups, baby food, potato chips, nuts, instant noodles, pasta, biscuits, chocolate confectionery, cheese, yogurt, ice cream and non-alcoholic drinks are the major types of packaged foods marketed in the Asia-Pacific region. In terms of value, non-alcoholic drinks contribute to nearly 2/3rd of the packaged food market in APAC. The dominance of it can majorly be attributed to the increasing urban population leading to rising disposable income and changing lifestyle patterns. Moreover, the considerably increasing working population coupled with the inclination towards western culture, would further fuel the growth of the market in the region. Read more about this Industry at: https://www.alliedmarketresearch.com/asia-pacific-packaged-food-market

1. Asia-Pacific Packaged
Food Market
Opportunities and Forecasts,
2014 – 2020

2. Introduction To APAC Packaged Food Market
According to a new report published by Allied Market Research, titled, "Asia-Pacific Packaged
Food Market - Opportunity Analysis and Industry Forecast, 2014 - 2020", the Asia-Pacific
packaged food market is estimated garner $875.3 billion by 2020, registering a CAGR of 5.6%
during the forecast period, 2015 - 2020. Due to the growing demand for ready to consume
beverages in countries such as India and China, the non-alcoholic drinks led the Asia-Pacific
packaged food market. However, baby food and yogurt would prove to be the most promising
products with respect to the growing concerns of baby health across different countries in the
region. China dominates the Asia-Pacific packaged food market, constituting over 30% of the
market revenue. However, India would witness the fastest CAGR during the forecast period.
Read more about this report at: https://www.alliedmarketresearch.com/asia-pacific-
packaged-food-market

3. Key Findings of APAC Packaged Food Market
1. The growing demand from Asian countries like India and China have largely propelled
the market of packaged food in the Asia-Pacific region
2. Baby food and yogurt segments would witness relatively faster growth compared to
other packaged food categories
3. Within APAC region, India would register the highest CAGR of 8.2% during the forecast
period

4. APAC Packaged Food Market Dynamics
Drivers
• Lifestyle changes and Urbanization
• Convenience
• Growing awareness
• Growth in organized retailing
Restraints
• Food contamination and disease
• Government regulations
• Growing health awareness
Opportunities
• Growth in retail
• Innovation and R&D

5. APAC Packaged Food Market Segments
1. The product segment of baked goods was the second largest revenue generating segment in 2014
and is expected to grow at a CAGR of 6.1% during the forecast period.
2. Demand for these products would be primarily augmented by increasing demand for baked foods
like cakes, pastries and breads.
3. Baby food would be the product segment growing at the fastest pace, followed by yogurt and
cheese. Increasing concerns towards the health of babies is the key driver of baby food market.
Moreover, the overall market of yogurt is growing pertaining to the rising demand for yogurt
drinks.
4. On the basis of geography, China dominates the Asia-Pacific packaged food market, followed by
Japan. The key factors that propel the overall packaged food market in the Asia-Pacific are
consumer's point of preference towards convenience food, growing rate of urbanization and
growth in organized retailing.

6. APAC Packaged Food Market Key Segments
KeySegments
By Product Type
By Country

7. APAC Packaged Food Market By Product Type
By Product Type
Ready Meals
Baked foods
Breakfast cereals
Baby food
Potato Chips
Pasta
Chocolates and Confectionery
Cheese
Yogurt
Ice Cream
Non-alcoholic drinks

8. APAC Packaged Food Market By Geography
Japan, China, India, Rest of Asia-Pacific

9. Key Players
• Nestle S.A.
• Kraft Foods Group, Inc.
• General Mills, Inc.
• ConAgra Foods, Inc.
• Tyson Foods, Inc.
• Kellogg Co.
• Smithfield Foods, Inc.
• Hormel Foods Corporation
• Maple Leaf Foods Inc.
• ITC Limited

10. “Ready meals, baked goods, breakfast cereals, soups, baby food, potato chips, nuts, instant
noodles, pasta, biscuits, chocolate confectionery, cheese, yogurt, ice cream and non-
alcoholic drinks are the major types of packaged foods marketed in the Asia-Pacific region.
In terms of value, non-alcoholic drinks contribute to nearly 2/3rd of the packaged food
market in APAC. The dominance of it can majorly be attributed to the increasing urban
population leading to rising disposable income and changing lifestyle patterns. Moreover,
the considerably increasing working population coupled with the inclination towards
western culture, would further fuel the growth of the market in the region”.
Nilesh Rajput

11. Thank You!
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https://www.alliedmarketresearch.com/asia-pacific-packaged-food-market
Packaged Food Market (Global)
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