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Home > Consumer >  Food >  Prepared Meals >  Opportunities in the Asia-Pacific Prepared Meals Sector

Opportunities in the Asia-Pacific Prepared Meals Sector

Asia-Pacific, the largest prepared meals sector, accounting for 32.5% share of the global market, was valued at US$29,440.5 million in 2018 and is forecast to reach US$38,383.9 million by 2023, growing at a CAGR of 5.4% during 2018-2023. Of all the categories, ready meals was the largest in the region, with value sales of US$22,631.5 million in 2018. The category is forecast to grow at a CAGR of 5.6%, to reach US$29,667.6 million by 2023. Nissin Food Holdings Co., LTD, Marumiya Corporation, Toyo Suisan Kaisha, Ltd., Nichirei, and Katokichi Co., Ltd. were the leading players of the region and accounted for a combined 27.5% value share in 2018. Private labels held a 9.2% share of total value sales in the same year. Hypermarkets & supermarkets was the largest distribution channel in the Asia-Pacific prepared meals sector, accounting for 64.3% of overall value sales in 2018. Rigid plastics was the most commonly used pack material in the Asia-Pacific prepared meals sector, accounting for a 61.9% volume share in 2018, while the tub was the most used pack type, accounting for 40.2% volume share in the same year.

This report brings together multiple data sources to provide a comprehensive overview of Asia-Pacific prepared meals sector. It includes market overview, high growth country analysis, top companies, key distribution channels, packaging formats and case studies.

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Asia-Pacific prepared meals sector, analyzing data from eighteen countries in the region. It includes analysis on the following –

– Market overview: Includes sector size, market size, and growth analysis by markets

– Change in consumption: Provides a shift in the consumption of prepared meals by categories across different countries in the APAC region.

– High-potential countries: Provides Risk-Reward analysis of four countries across the APAC region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.

– Country analysis: Provides deep-dive analysis of four high potential countries covering value growth during 2018-2023, key challenges, consumer demographics, and key trends, supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.

– Health & Wellness analysis: Provides insights on the health & wellness products in terms of value and percentage share in the overall prepared meals sector during 2013-2023. The analysis includes key health & wellness attributes and consumer benefits driving the sales of prepared meals in 2018. It also covers the market share of leading companies offering prepared meals with health & wellness attributes in the same year.

– Competitive Analysis: Provides an overview of leading companies in the APAC region, besides analyzing the growth of private labels in the region.

– Key distribution channels: Provides analysis on the leading distribution channels in the global prepared meals sector in 2018. It covers five distribution channels: hypermarkets & supermarkets, convenience stores, food & drinks specialists, department stores, cash & carries and warehouse clubs, and others, which include eRetailers, “Dollar Stores”, Variety Stores & General Merchandise Retailers and others.

– Preferred packaging formats: The report provides percentage share (in 2018) and growth analysis (during 2013-2023) for various pack materials, containers, closures, and outer types based on the volume sales (by pack units) of prepared meals.

Reasons to Buy

– Manufacturing 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.

Companies Mentioned

Nissin Food Holdings Co. LTD

Marumiya Corporation

Toyo Suisan Kaisha Ltd.

Nichirei

Katokichi Co. Ltd.

Ajinomoto Group

Table Mark Co. Ltd

Meiji Holdings Co Ltd

Itoham Foods Inc.

Maruha Nichiro Corporation

Table of Contents

Table of Contents

1. Executive summary

2. Market size and growth analysis (Region analysis)

Market Size in Context – APAC compared to other regions

Growth analysis by region

Growth analysis by country

Growth analysis by category

3. Identifying high-potential countries in APAC

High-potential countries in APAC

Identifying high-potential countries – Methodology

Identifying high-potential countries – Risk, reward and opportunity analysis

4. Market size and growth analysis (high-potential countries in APAC)

High-potential countries in APAC – Overview

Growth contribution analysis by country

Share of prepared meals compared to other food sectors

Change in consumption levels by country and category

Per capita consumption and expenditure analysis

5. Country Profiles (high-potential countries in APAC)

Taiwan

Australia

New Zealand

Japan

6. Success Stories

7. Company and Brand Analysis

Leading companies share analysis

Company and brand share analysis

Leading companies in the Asia-Pacific Prepared Meals sector

Leading brands in Asia-Pacific Prepared Meals

Private Label penetration in the Asia-Pacific Prepared Meals sector

8. Health & Wellness Analysis

Health & Wellness Analysis – Overview

Health & Wellness Analysis – Growth contribution by country

Health & Wellness Analysis – Key product attributes and consumer benefits

Leading Health & Wellness brands by market share

9. Key Distribution Channels

Leading Distribution Channels by country

Leading Distribution Channels by category

10. Key Packaging Formats

Growth analysis by key pack material and pack type

Growth analysis by closure type and primary outer type

11. Challenges and Future Outlook

Key Challenges

Future Outlook – Asia-Pacific

12. Appendix

13. Definitions

14. About GlobalData

List of Tables

List of Tables

Regional comparison: Market size, growth, and per capita analysis, 2018–2023

Identifying high-potential countries – Reward, risk, and opportunity analysis

High-potential countries in Asia-Pacific – Overview

Value share of Prepared Meals sector as a proportion of overall food by country

Change in consumption by market within Prepared Meals (value terms), 2018–2023

Taiwan Prepared Meals – Overview, % value share by category, 2018

Australia Prepared Meals – Overview % value share by category, 2018

New Zealand Prepared Meals – Overview % value share by category, 2018

Japan Prepared Meals – Overview % value share by category, 2018 Company and brand share analysis

Private Label penetration in the Prepared Meals sector

Health & Wellness value and its share in overall sales, 2013–2023

Country-level contribution to the growth of H&W market in the Asia-Pacific region, 2018–2023

Share of product attributes and consumer benefits in high-potential country APAC, 2018

Leading Health & Wellness companies* with market share by Prepared Meals category, 2018

Leading Distribution Channels in the Asia-Pacific region by country, 2018

Leading Distribution Channels in the Asia-Pacific region by category, 2018

List of Figures

List of Figures

Annual value growth analysis by region (2018–2023)

Annual volume growth analysis by region (2018–2023)

Value and volume growth analysis by country (2018–2023)

Value and volume growth analysis by category (2018–2023 )

Country-level contribution to the growth of Meal Kits Market in the Asia-Pacific region, 2018–2023

Country-level contribution to the growth of Pizza Market in the Asia-Pacific region, 2018–2023

Country-level contribution to the growth of Ready Meals Market in the Asia-Pacific region, 2018–2023

Per Capita Consumption in Asia-Pacific and high-potential countries, 2018

Australia Prepared Meals – Demographic Analysis

New Zealand Prepared Meals – Demographic Analysis

Japan Prepared Meals – Demographic Analysis

Leading companies in the Asia Pacific Prepared meals sector by value sales (US$ million), 2018

Leading companies in the Asia-Pacific Prepared Meals Sector by value sales (US$ million), 2018

Leading brands (including Private label) in the Asia-Pacific Prepared Meals Sector by value sales (US$ million), 2018

Country-level contribution to the growth of H&W Market in the APAC region, 2018–2023

Key pack material volume (units) share, 2018

Unit volume growth by pack material (2013–2023)

Key pack type volume (units) share, 2018

Unit volume growth by pack type (2013–2023)

Key closure type volume (units) share, 2018

Unit volume growth by closure type (2013–2023)

Key primary outer type volume (units) share, 2018

Unit volume growth by primary outer type (2013–2023)

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