Asia Pacific Functional Food Market, By Source ( Plant & Animal), By Ingredient (Carotenoids, Dietary Fibres, Fatty Acids (Omega-3 fatty acids), Prebiotics & Probiotics, Minerals, Vitamins and Others), By Application (Sports Nutrition, Weight Management, Immunity, Digestive Health, Clinical Nutrition, Cardio Health and others, By Distribution Channel, By Country, Competition, Forecast & Opportunities, 2025

March 2020 | 94 pages | ID: AF3A97416C97EN
TechSci Research

Abstracts

Asia Pacific functional food market is projected to increase from $ 51 billion in 2019 to $ 71 billion in 2025 on account of rising number of product innovations by the major players, increasing disposable income, growing risk of various chronic diseases and better product availability through multiple channels. Functional foods are the foods that provide functional health benefits beyond their basic nutritional benefits. Ingredients used in functional food include Carotenoids, Dietary Fibers, Fatty Acids, Minerals, Prebiotics & Probiotics, Vitamins and Others. Functional food is often used for Sports Nutrition, Weight Management, Immunity, Digestive Health, Clinical Nutrition, Cardio Health and other activities.

Asia Pacific functional food market is segmented based on Source, Ingredient, Application, Distribution Channel and Country. Based on the distribution channel, the market is bifurcated into Store-based and Non-store based. Until 2019, the store distribution channel segment dominated the Asia Pacific functional food market and the trend is anticipated to continue over the next five years.

Major players operating in Asia Pacific functional food market include Nestle, PepsiCo Inc, Yakult Honsha Co Ltd, BASF SE, MEIJI Holdings Co Ltd, The Coca-Cola Company, GlaxoSmithKline Company, General Mills, Inc, Kellogg Company and Agro Tech Foods Ltd and others. Major companies are launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.

Years considered for this report:

• Historical Years: 2015-2018
• Base Year: 2019
• Estimated Year: 2020
• Forecast Period: 2021–2025

Objective of the Study:

• To analyze and forecast the market size of the Asia Pacific Functional Food market.
• To classify and forecast Asia Pacific Functional Food market based on the product, end-user, distribution channel, company and regional distribution.
• To identify drivers and challenges for the Asia Pacific Functional Food market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Asia Pacific Functional Food market.
• To conduct a pricing analysis for the Asia Pacific Functional Food market.
• To identify and analyze the profile of leading players operating in the Asia Pacific Functional Food market.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of functional food manufacturers operating across APAC. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Asia Pacific Functional Food market by using a bottom-up approach, wherein data for various end-user segments were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Functional food manufacturers, suppliers, distributors and other stakeholders
• Government bodies such as regulating authorities and policymakers
• Organizations, forums and alliances related to functional food
• Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end-users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

REPORT SCOPE:

In this report, the Asia Pacific functional food market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Market, By Source:
• Plants
• Animals
• Market, By Ingredient:
• Prebiotics & Probiotics
• Dietary Fibres
• Minerals
• Fatty Acids (Omega-3 fatty acids)
• Carotenoids
• Vitamins
• Others (Amino Acids, speciality carbohydrates, phytochemicals, hydrocolloid, Essential Oils, Soy Protein etc.)
• Market, By Application:
• Cardio Health
• Immunity
• Digestive Health
• Sports Nutrition
• Weight Management
• Clinical Nutrition
• Others (Every wellness, Liver Health Supplements etc)
• Market, By Country:
• Japan
• China
• Australia
• Taiwan
• Thailand
• India
• Indonesia
• South Korea
• Singapore
• Malaysia
• Rest of APAC

COMPETITIVE LANDSCAPE

Company Profiles: Detailed analysis of the major companies present in Asia Pacific Functional Food market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Contents

1. PRODUCT OVERVIEW

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. VOICE OF CUSTOMER

5. ASIA PACIFIC FUNCTIONAL FOODS MARKET OUTLOOK

5.1. Market Size & Forecast
  5.1.1. By Value
5.2. Market Share & Forecast
  5.2.1. By Source (Plants & Animal)
  5.2.2. By Ingredient (Prebiotics & Probiotics, Dietary Fibres, Minerals, Fatty Acids (Omega-3 fatty acids), Carotenoids, Vitamins, Others (Amino Acids, speciality carbohydrates, phytochemicals, hydrocolloid, Essential Oils, Soy Protein etc.))
  5.2.3. By Application (Cardio Health, Immunity, Digestive Health, Sports Nutrition, Weight Management, Clinical Nutrition Others (Every wellness, Liver Health Supplements etc))
  5.2.4. By Distribution Channel (Store-Based v/s Non-Store-Based)
  5.2.5. By Company
  5.2.6. By Country
5.3. Product Market Map

6. JAPAN FUNCTIONAL FOODS MARKET OUTLOOK

  6.1.1. Market Size & Forecast
    6.1.1.1. By Value
  6.1.2. Market Share & Forecast
    6.1.2.1. By Ingredient
    6.1.2.2. By Distribution Channel

7. CHINA FUNCTIONAL FOODS MARKET OUTLOOK

  7.1.1. Market Size & Forecast
    7.1.1.1. By Value
  7.1.2. Market Share & Forecast
    7.1.2.1. By Ingredient
    7.1.2.2. By Distribution Channel

8. AUSTRALIA FUNCTIONAL FOODS MARKET OUTLOOK- OCEANIA

  8.1.1. Market Size & Forecast
    8.1.1.1. By Value
  8.1.2. Market Share & Forecast
    8.1.2.1. By Distribution Channel
    8.1.2.2. By Ingredient

9. TAIWAN FUNCTIONAL FOODS MARKET OUTLOOK- EAST ASIA

  9.1.1. Market Size & Forecast
    9.1.1.1. By Value
  9.1.2. Market Share & Forecast
    9.1.2.1. By Ingredient
    9.1.2.2. By Distribution Channel

10. THAILAND FUNCTIONAL FOODS MARKET OUTLOOK- SOUTH EAST ASIA

  10.1.1. Market Size & Forecast
    10.1.1.1. By Value
  10.1.2. Market Share & Forecast
    10.1.2.1. By Ingredient
    10.1.2.2. By Distribution Channel

11. INDIA FUNCTIONAL FOODS MARKET OUTLOOK

  11.1.1. Market Size & Forecast
    11.1.1.1. By Value
  11.1.2. Market Share & Forecast
    11.1.2.1. By Ingredient
    11.1.2.2. By Distribution Channel

12. INDONESIA FUNCTIONAL FOODS MARKET OUTLOOK- SOUTH EAST ASIA

  12.1.1. Market Size & Forecast
    12.1.1.1. By Value
  12.1.2. Market Share & Forecast
    12.1.2.1. By Ingredient
    12.1.2.2. By Distribution Channel

13. SOUTH KOREA FUNCTIONAL FOODS MARKET OUTLOOK- EAST ASIA

  13.1.1. Market Size & Forecast
    13.1.1.1. By Value
  13.1.2. Market Share & Forecast
    13.1.2.1. By Ingredient
    13.1.2.2. By Distribution Channel

14. SINGAPORE FUNCTIONAL FOODS MARKET OUTLOOK- SOUTH EAST ASIA

  14.1.1. Market Size & Forecast
    14.1.1.1. By Value
  14.1.2. Market Share & Forecast
    14.1.2.1. By Ingredient
    14.1.2.2. By Distribution Channel

15. MALAYSIA FUNCTIONAL FOODS MARKET OUTLOOK- SOUTH EAST ASIA

  15.1.1. Market Size & Forecast
    15.1.1.1. By Value
  15.1.2. Market Share & Forecast
    15.1.2.1. By Ingredient
    15.1.2.2. By Distribution Channel

16. MARKET DYNAMICS

16.1. Drivers
16.2. Challenges

17. MARKET TRENDS & DEVELOPMENTS

18. COMPETITIVE LANDSCAPE (PARTIAL LIST OF LEADING COMPANIES)

18.1. MEIJI Holdings Co Ltd
18.2. Nestle
18.3. Yakult Honsha Co Ltd
18.4. The Coca-Cola Company
18.5. BASF SE
18.6. Kellogg Company
18.7. GlaxoSmithKline Company
18.8. PepsiCo Inc.
18.9. General Mills, Inc.
18.10. Agro Tech Foods Ltd

19. STRATEGIC RECOMMENDATIONS

(Note: The companies list can be customized based on the client requirements.)

List Of Figures

LIST OF FIGURES

Figure 1: Asia Pacific Functional Foods Market Size, By Value (USD Million), 2015–2025F
Figure 2: Asia Pacific Functional Foods Market Share, By Source, By Value, 2015–2025F
Figure 3: Asia Pacific Functional Foods Market Share, By Ingredient, By Value, 2015–2025F
Figure 4: Asia Pacific Functional Foods Market Share, By Application, By Value, 2015–2025F
Figure 5: Asia Pacific Functional Foods Market Share, By Application, By Value, 2015–2025F
Figure 6: Asia Pacific Functional Foods Market Share, By Distribution Channel, By Value, 2015–2025F
Figure 7: Asia Pacific Functional Foods Market Share, By Company, 2019
Figure 8: Japan Functional Foods Market Size, By Value (USD Million), 2015–2025F
Figure 9: Japan Functional Foods Market Share, By Ingredient, By Value, 2015–2025F
Figure 10: Japan Functional Foods Market Share, By Distribution Channel, By Value, 2015–2025F
Figure 11: China Functional Foods Market Size, By Value (USD Million), 2015–2025F
Figure 12: China Functional Foods Market Share, By Ingredient, By Value, 2015–2025F
Figure 13: China Functional Foods Market Share, By Distribution Channel, By Value, 2015–2025F
Figure 14: Australia Functional Foods Market Size, By Value (USD Million), 2015–2025F
Figure 15: Australia Functional Foods Market Share, By Ingredient, By Value, 2015–2025F
Figure 16: Australia Functional Foods Market Share, By Distribution Channel, By Value, 2015–2025F
Figure 17: Taiwan Functional Foods Market Size, By Value (USD Million), 2015–2025F
Figure 18: Taiwan Functional Foods Market Share, By Ingredient, By Value, 2015–2025F
Figure 19: Taiwan Functional Foods Market Share, By Distribution Channel, By Value, 2015–2025F
Figure 20: Thailand Functional Foods Market Size, By Value (USD Million), 2015–2025F
Figure 21: Thailand Functional Foods Market Share, By Ingredient, By Value, 2015–2025F
Figure 22: Thailand Functional Foods Market Share, By Distribution Channel, By Value, 2015–2025F
Figure 23: India Functional Foods Market Size, By Value (USD Million), 2015–2025F
Figure 24: India Functional Foods Market Share, By Ingredient, By Value, 2015–2025F
Figure 25: India Functional Foods Market Share, By Distribution Channel, By Value, 2015–2025F
Figure 26: Indonesia India Functional Foods Market Size, By Value (USD Million), 2015–2025F
Figure 27: Indonesia Functional Foods Market Share, By Ingredient, By Value, 2015–2025F
Figure 28: Indonesia Functional Foods Market Share, By Distribution Channel, By Value, 2015–2025F
Figure 29: South Korea India Functional Foods Market Size, By Value (USD Million), 2015–2025F
Figure 30: South Korea Functional Foods Market Share, By Ingredient, By Value, 2015–2025F
Figure 31: South Korea Functional Foods Market Share, By Distribution Channel, By Value, 2015–2025F
Figure 32: Singapore India Functional Foods Market Size, By Value (USD Million), 2015–2025F
Figure 33: Singapore Functional Foods Market Share, By Ingredient, By Value, 2015–2025F
Figure 34: Singapore Functional Foods Market Share, By Distribution Channel, By Value, 2015–2025F
Figure 35: Malaysia India Functional Foods Market Size, By Value (USD Million), 2015–2025F
Figure 36: Malaysia Functional Foods Market Share, By Ingredient, By Value, 2015–2025F
Figure 37: Malaysia Functional Foods Market Share, By Distribution Channel, By Value, 2015–2025F