Asia-Pacific (APAC) Dairy and Soy Food Market Size, Competitive Landscape, Country Analysis, Distribution Channel, Packaging Formats and Forecast, 2016-2026
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The Asia-Pacific (APAC) dairy and soy food market size was valued at $218.4 billion in 2021 and is expected to grow at a CAGR of more than 5% during 2021-2026.
The APAC dairy and soy food market research report provides a comprehensive overview of the APAC dairy & soy food sector, analyzing data from 21 countries in the region. It offers an overview of the growth at a sector level and analyzes the various categories and distribution channels.
APAC Dairy & Soy Food Market Overview
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High-Potential Countries in APAC Dairy and Soy Food Market
Based on the relative performance of countries on multiple metrics, Australia, Japan, Vietnam, and the Philippines were shortlisted as high-potential countries, primarily due to their large dairy & soy food sector sizes, projected high-value growth rates, and projected rising per capita value growth levels. In 2021, Japan emerged as the largest dairy & soy market in APAC, followed by Australia.
APAC Dairy and Soy Food Market Analysis, by Countries
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APAC Dairy and Soy Food Market Segmentation by Category
The key categories in the APAC dairy and soy food market are butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, fromage frais & quark, grain, nut, rice, seed (GNRS) milk alternatives, milk, soymilk & soy drinks, and yogurt. In 2021, the milk category accounted for the largest value share, followed by drinkable yogurt and yogurt.
APAC Dairy and Soy Food Market Analysis, by Categories
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APAC Dairy and Soy Food Market Segmentation by Distribution Channel
The key distribution channels in APAC dairy and soy food market are hypermarkets & supermarkets, convenience stores, food & drinks specialists, and e-retailers. Hypermarkets & supermarkets was the leading distribution channel in the APAC dairy & soy food sector, followed by convenience stores and food & drinks specialists.
APAC Dairy and Soy Food Market Analysis, by Distribution Channel
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APAC Dairy and Soy Food Market Segmentation by Packaging Material
The key packaging materials in the APAC dairy & soy food market are flexible packaging, paper & board, rigid plastics, rigid metal, and glass. Flexible packaging was the most used packaging material in the APAC dairy & soy food sector, followed by paper & board.
APAC Dairy and Soy Food Market Analysis, by Packaging Material
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Competitive Landscape
Some of the leading companies in the APAC dairy and soy food market are Yili Group, China Mengniu Dairy Company Limited, Meiji Holdings Co Ltd, Nestlé, and Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) among others. Yili Group led the Asia-Pacific dairy & soy food market in 2021. The company offers products in the cheese, drinkable yogurt, milk, soymilk & soy drinks, and yogurt categories
APAC Dairy and Soy Food Market Analysis, by Companies
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Market Overview
Market Size (2021) | $218.4 billion |
CAGR (2021-2026) | >5% |
Key Countries | Australia, Japan, Vietnam, and the Philippines |
Key Categories | Butter & Spreadable Fats, Cheese, Cream, Dairy-Based & Soy-Based Desserts, Drinkable Yogurt, Fromage Frais & Quark, Grain, Nut, Rice, Seed (GNRS) Milk Alternatives, Milk, Soymilk & Soy Drinks and Yogurt |
Key Distribution Channel | Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, and E-Retailers |
Key Packaging Material | Flexible Packaging, Paper & Board, Rigid Plastics, Rigid Metal and Glass |
Leading Companies | Yili Group, China Mengniu Dairy Company Limited, Meiji Holdings Co Ltd, Nestlé, and Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) |
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, that 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.
Savencia SA
Royal FrieslandCampina N.V.
Arla Foods
Danone Group
Saputo Inc
Berglandmilch Gmbh
Nöm Ag
Emmi
Groupe Lactalis SA
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Frequently asked questions
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What was the APAC dairy and soy food market size in 2021?
The dairy and soy food market size in APAC was valued at $218.4 billion in 2021.
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What is the APAC dairy and soy food market growth rate?
The dairy and soy food market in APAC is expected to grow at a CAGR of more than 5% during 2021-2026.
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Which are the key countries in the APAC dairy and soy food market?
The key countries in the APAC dairy and soy sector are Australia, Japan, Vietnam, and the Philippines.
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What are the key categories in the APAC dairy and soy food market?
The key categories in the APAC dairy & soy food market are butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, fromage frais & quark, grain, nut, rice, seed (GNRS) milk alternatives, milk, soymilk & soy drinks and yogurt.
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What are the key distribution channels of the APAC dairy and soy food market?
The key distribution channels in the APAC dairy and soy food market are hypermarkets & supermarkets, convenience stores, food & drinks specialists, and e-retailers.
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What are the key packaging materials used in the APAC dairy and soy food market?
The key packaging materials used in the APAC dairy and soy food market are flexible packaging, paper & board, rigid plastics, rigid metal and glass.
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Which are the leading companies in the APAC dairy and soy food market?
Some of the leading dairy and soy food companies in APAC are Yili Group, China Mengniu Dairy Company Limited, Meiji Holdings Co Ltd, Nestlé, and Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF).
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