Asia Pacific Savoury Ingredients Market to reach US$ 8.8 Bn by 2026

Asia Pacific Savoury
Ingredients Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016-2026
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Report Description
The APAC savoury ingredients market is projected to register a healthy CAGR of 5.8% during a
10-year period 2016–2026. In a new report titled “Savoury Ingredients Market: APAC Industry
Analysis and Opportunity Assessment 2016-2026”, Future Market Insights analyses the market
for savoury ingredients in major countries in the APAC region and offers key insights on the
factors and trends influencing the market.
The APAC region provides 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, and this demand is supported by a
substantial increase in the disposable income of people. 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.
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There is an increasing adoption of savoury flavours in the APAC countries and the region also
demonstrates a growing preference and demand for hydrolysed protein-based meat products.
There is also 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 dietary
sodium content at the same time. All these factors have contributed to the growth of the APAC
savoury ingredients market. However, stringent government regulations on the use of
monosodium glutamate (MSG) may hamper the growth of the APAC savoury ingredients market.

Report Description
Companies in the APAC region are showing a growing preference towards natural savoury
flavours and ingredients over artificial flavours. Several companies are also adopting
yeast extract in food, which imparts a salty and savoury flavour and reduces bitterness.
Segmentation-wise market forecast
Segment
By Type
Yeast Extract
Monosodium Glutamate
Hydrolysed Vegetable Protein
Hydrolysed Animal Protein
Nucleotides and Others
Market forecast
The monosodium glutamate segment is estimated to account for 32.7% value share in
2016. This segment is expected to remain dominant and is anticipated to account for
38.0% market share by the end of 2026
By Form
Liquid
Powder
Paste

Report Description
Market forecast
The powder segment is estimated to account for 62.7% value share in 2016 and is expected to
account for 67.2% value share in 2026
By Application
Food
Dips and Soups
Instant Noodles & Sauces
Meat & Seafood
Bakery Products & Savoury Snacks
Pet Food
Others
Market forecast
The food application segment is estimated to account for 64.7% value share in 2016. This
segment is expected to remain dominant and is anticipated to account for 68.4% value share
during the forecast period
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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.

Report Description
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.
Leading players in the APAC savoury ingredients market include Angel Yeast Co. Ltd., AB Mauri
Food Inc., Ajinomoto Co. Inc., FOODCHEM International Corporation, The Fufeng Group,
Halcyon Proteins, Sensient Technologies Corporation, Royal DSM, Lesaffre (Biospringer), and
ABF Ingredients (Ohly).

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