The Asia Pacific Food Contract Manufacturing Market would witness market growth of 9.9% CAGR during the forecast period (2023-2030).
Contract manufacturing is extensively used to produce soft drinks, juices, and energy drinks. This application allows beverage companies to scale production efficiently and respond to fluctuations in demand. Additionally, the trend towards functional and health-oriented beverages has driven collaboration with contract manufacturers possessing expertise in these specialized formulations. The frozen food sector has witnessed a surge in contract manufacturing partnerships. Companies outsourcing the production of frozen foods benefit from the technological infrastructure required for freezing and packaging, enabling them to bring a diverse range of frozen products to industry without significant capital investment.
Outsourcing production to contract manufacturers allows food companies to concentrate on their core competencies, such as brand development, marketing, and distribution. This strategic shift enables brands to bring products to industry more swiftly and efficiently, fostering agility in response to market trends. Contract manufacturers often deeply understand the food industry's regulatory requirements and quality standards. Partnering with established contract manufacturers ensures that products comply with legal and safety regulations, reducing the risk of recalls and other regulatory issues. This trend enables companies to access a broader range of ingredients, leverage cost advantages in different countries.
The rising income levels, urbanization, and changing lifestyles in Asia have increased the demand for processed and convenient food products. This demand has driven food companies to seek the services of contract manufacturers to meet production requirements efficiently. Diverse cultures and culinary preferences characterize the Asia Pacific region. Contract manufacturers leverage advanced technologies and streamline processes to meet the growing demand for processed foods while ensuring cost-effectiveness and quality. The aforementioned factors will drive the market growth in this region.
The China market dominated the Asia Pacific Food Contract Manufacturing Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $36,457.1 million by 2030. The Japan market is registering a CAGR of 9.2% during (2023 - 2030). Additionally, The India market would experience a CAGR of 10.5% during (2023 - 2030).
Based on Service, the market is segmented into Manufacturing, Packaging and Custom Formulation & R&D. Based on End-Use, the market is segmented into Dietary Supplement, Dairy Products, Convenience Foods, Bakery Products, Confectionery and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Food Contract Manufacturing Market is Predict to reach $261.2 Billion by 2030, at a CAGR of 9.5%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Hearthside Food Solutions LLC, Nikken Foods Co., Ltd., Haco Holding AG, SK Food Group (Premium Brands Holdings Corporation), Pacmoore Products Inc. (Glanbia PLC), Cremica Food Industries Limited, Kilfera Food Manufacturers Ltd, Nutrascience Labs, Inc (Twinlab Consolidation Corporation (TCC)) (Twinlab Consolidated Holdings Inc.), Thrive Foods, and Orion Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Service
- Manufacturing
- Packaging
- Custom Formulation & R&D
By End-Use
- Dietary Supplement
- Dairy Products
- Convenience Foods
- Bakery Products
- Confectionery
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Hearthside Food Solutions LLC
- Nikken Foods Co., Ltd.
- Haco Holding AG
- SK Food Group (Premium Brands Holdings Corporation)
- Pacmoore Products Inc. (Glanbia PLC)
- Cremica Food Industries Limited
- Kilfera Food Manufacturers Ltd
- Nutrascience Labs, Inc (Twinlab Consolidation Corporation (TCC)) (Twinlab Consolidated Holdings Inc.)
- Thrive Foods
- Orion Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Food Contract Manufacturing Market, by Service
1.4.2 Asia Pacific Food Contract Manufacturing Market, by End-Use
1.4.3 Asia Pacific Food Contract Manufacturing Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.3 Porter’s Five Forces Analysis
Chapter 4. Asia Pacific Food Contract Manufacturing Market by Service
4.1 Asia Pacific Manufacturing Market by Country
4.2 Asia Pacific Packaging Market by Country
4.3 Asia Pacific Custom Formulation & R&D Market by Country
Chapter 5. Asia Pacific Food Contract Manufacturing Market by End-Use
5.1 Asia Pacific Dietary Supplement Market by Country
5.2 Asia Pacific Dairy Products Market by Country
5.3 Asia Pacific Convenience Foods Market by Country
5.4 Asia Pacific Bakery Products Market by Country
5.5 Asia Pacific Confectionery Market by Country
5.6 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Food Contract Manufacturing Market by Country
6.1 China Food Contract Manufacturing Market
6.1.1 China Food Contract Manufacturing Market by Service
6.1.2 China Food Contract Manufacturing Market by End-Use
6.2 Japan Food Contract Manufacturing Market
6.2.1 Japan Food Contract Manufacturing Market by Service
6.2.2 Japan Food Contract Manufacturing Market by End-Use
6.3 India Food Contract Manufacturing Market
6.3.1 India Food Contract Manufacturing Market by Service
6.3.2 India Food Contract Manufacturing Market by End-Use
6.4 South Korea Food Contract Manufacturing Market
6.4.1 South Korea Food Contract Manufacturing Market by Service
6.4.2 South Korea Food Contract Manufacturing Market by End-Use
6.5 Singapore Food Contract Manufacturing Market
6.5.1 Singapore Food Contract Manufacturing Market by Service
6.5.2 Singapore Food Contract Manufacturing Market by End-Use
6.6 Malaysia Food Contract Manufacturing Market
6.6.1 Malaysia Food Contract Manufacturing Market by Service
6.6.2 Malaysia Food Contract Manufacturing Market by End-Use
6.7 Rest of Asia Pacific Food Contract Manufacturing Market
6.7.1 Rest of Asia Pacific Food Contract Manufacturing Market by Service
6.7.2 Rest of Asia Pacific Food Contract Manufacturing Market by End-Use
Chapter 7. Company Profiles
7.1 Nikken Foods Co., Ltd.
7.1.1 Company Overview
7.1.2 SWOT Analysis
7.2 Haco Holding AG
7.2.1 Company Overview
7.2.2 SWOT Analysis
7.3 Hearthside Food Solutions LLC
7.3.1 Company Overview
7.3.2 SWOT Analysis
7.4 SK Food Group (Premium Brands Holdings Corporation)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 SWOT Analysis
7.5 Pacmoore Products Inc. (Glanbia Plc)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expenses
7.5.5 SWOT Analysis
7.6 Cremica Food Industries Limited
7.6.1 Company Overview
7.6.2 SWOT Analysis
7.7 Kilfera Food Manufacturers Ltd
7.7.1 Company Overview
7.7.2 SWOT Analysis
7.8 Nutrascience Labs, Inc. (Twinlab Consolidation Corporation (TCC)) (Twinlab Consolidated Holdings, Inc.)
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 SWOT Analysis
7.9 Thrive Foods
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. Orion Corporation
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional Analysis
7.10.4 SWOT Analysis
TABLE 1 Asia Pacific Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Packaging Market by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Packaging Market by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Custom Formulation & R&D Market by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Custom Formulation & R&D Market by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Dietary Supplement Market by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Dietary Supplement Market by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Dairy Products Market by Country, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Dairy Products Market by Country, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Convenience Foods Market by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Convenience Foods Market by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Bakery Products Market by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Bakery Products Market by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Confectionery Market by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Confectionery Market by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Food Contract Manufacturing Market by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Food Contract Manufacturing Market by Country, 2023 - 2030, USD Million
TABLE 27 China Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 28 China Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 29 China Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 30 China Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 31 China Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 32 China Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 33 Japan Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 34 Japan Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 35 Japan Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 36 Japan Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 37 Japan Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 38 Japan Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 39 India Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 40 India Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 41 India Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 42 India Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 43 India Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 44 India Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 45 South Korea Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 46 South Korea Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 47 South Korea Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 48 South Korea Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 49 South Korea Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 50 South Korea Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 51 Singapore Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 52 Singapore Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 53 Singapore Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 54 Singapore Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 55 Singapore Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 56 Singapore Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 57 Malaysia Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 58 Malaysia Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 59 Malaysia Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 60 Malaysia Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 61 Malaysia Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 62 Malaysia Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 63 Rest of Asia Pacific Food Contract Manufacturing Market, 2019 - 2022, USD Million
TABLE 64 Rest of Asia Pacific Food Contract Manufacturing Market, 2023 - 2030, USD Million
TABLE 65 Rest of Asia Pacific Food Contract Manufacturing Market by Service, 2019 - 2022, USD Million
TABLE 66 Rest of Asia Pacific Food Contract Manufacturing Market by Service, 2023 - 2030, USD Million
TABLE 67 Rest of Asia Pacific Food Contract Manufacturing Market by End-Use, 2019 - 2022, USD Million
TABLE 68 Rest of Asia Pacific Food Contract Manufacturing Market by End-Use, 2023 - 2030, USD Million
TABLE 69 Key Information – Nikken Foods Co., Ltd.
TABLE 70 key information – Haco Holding AG
TABLE 71 key information – Hearthside Food Solutions LLC
TABLE 72 Key Information – SK Food Group
TABLE 73 Key Information – Pacmoore Products Inc.
TABLE 74 Key Information – CREMICA FOOD Industries Limited
TABLE 75 Key Information – Kilfera Food Manufacturers Ltd
TABLE 76 Key Information – NUTRASCIENCE LABS Inc.
TABLE 77 Key Information – THRIVE FOODS
TABLE 78 Key Information – Orion Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Food Contract Manufacturing Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Food Contract Manufacturing Market
FIG 4 Porter’s Five Forces Analysis - Food Contract Manufacturing Market
FIG 5 Asia Pacific Food Contract Manufacturing Market share by Service, 2022
FIG 6 Asia Pacific Food Contract Manufacturing Market share by Service, 2030
FIG 7 Asia Pacific Food Contract Manufacturing Market by Service, 2019 - 2030, USD Million
FIG 8 Asia Pacific Food Contract Manufacturing Market share by End-Use, 2022
FIG 9 Asia Pacific Food Contract Manufacturing Market share by End-Use, 2030
FIG 10 Asia Pacific Food Contract Manufacturing Market by End-Use, 2019 - 2030, USD Million
FIG 11 Asia Pacific Food Contract Manufacturing Market share by Country, 2022
FIG 12 Asia Pacific Food Contract Manufacturing Market share by Country, 2030
FIG 13 Asia Pacific Food Contract Manufacturing Market by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Nikken Foods Co., Ltd.
FIG 15 SWOT Analysis: Haco Holding AG
FIG 16 SWOT Analysis: Hearthside Food Solutions LLC
FIG 17 SWOT Analysis: SK Food Group
FIG 18 SWOT Analysis: Pacmoore Products Inc.
FIG 19 SWOT Analysis: Cremica Agro Food Limited
FIG 20 SWOT Analysis: Kilfera Food Manufacturers Ltd
FIG 21 SWOT Analysis: Nutrascience Labs, Inc.
FIG 22 SWOT Analysis: Thrive Foods
FIG 23 SWOT Analysis: Orion Corporation