The Asia Pacific Refrigerated Snacks Market would witness market growth of 5.6% CAGR during the forecast period (2021-2027).
Consumption of healthy refrigerated snacks may increase nutrient intake, help the body to recover from exercise, sustain the energy level and serve with various other health benefits to the consumers. Snacks are also proven beneficial for people struggling with sugar levels of blood as they can balance the sugar level in the body. Also, many of the refrigerated snacks such as cheese sticks can be consumed as a post-workout snack.
As refrigerated snacks have better shelf life, they significantly reduce the possibility of wastage. Even according to the British Food Journal, refrigerated snacks produce approximately 47 percent less wastage in comparison to the fresh snacks kept at room temperature. By the way of refrigerating, snacks can be secured from the harmful micro-organisms which may lead to food poisoning.
In addition, China is among the countries having the largest e-commerce channel in the world. The nation’s e-commerce channel serves a wide range of brands and products allowing the consumers to choose the most suitable one for them. Not only this the rise in food service establishments such as restaurants, hotels, and cafes are also recorded in emerging economies like China and India. Hence, these aspects would open new growth avenues for the regional refrigerated snacks market during the forecasting period.
The China market dominated the Asia Pacific Refrigerated Snacks Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $11.1 billion by 2027. The Japan market is anticipated to grow a CAGR of 5% during (2021 - 2027). Additionally, The India market would experience a CAGR of 6.2% during (2021 - 2027).
Based on End User, the market is segmented into Residential and Food Services. Based on Type, the market is segmented into Savory Snacks, Bakery Snacks, Confectionery Snacks, Fruit Snacks and Others. Based on Distribution Channel, the market is segmented into Supermarket/Hypermarket, Specialty Stores, Online Sales Channel 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 Worldwide Refrigerated Snacks Market is Projected to reach USD 141.1 Billion by 2027, at a CAGR of 5.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ajinomoto Co. Inc., Charoen Pokphand Foods Public Company Limited, Keventer Agro Limited, Cargill Corporation, Nestle S.A., Conagra Brands, Inc., General Mills, Inc., The Kraft Heinz Company, Unilever PLC, and McCain Foods Limited.
Scope of the Study
Market Segments Covered in the Report:
By End User
- Residential and
- Food Services
By Type
- Savory Snacks
- Bakery Snacks
- Confectionery Snacks
- Fruit Snacks and
- Others
By Distribution Channel
- Supermarket/Hypermarket
- Specialty Stores
- Online Sales Channel and
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Ajinomoto Co. Inc.
- Charoen Pokphand Foods Public Company Limited
- Keventer Agro Limited
- Cargill Corporation
- Nestle S.A.
- Conagra Brands, Inc.
- General Mills, Inc.
- The Kraft Heinz Company
- Unilever PLC
- McCain Foods Limited
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Refrigerated Snacks Market, by End User
1.4.2 Asia Pacific Refrigerated Snacks Market, by Type
1.4.3 Asia Pacific Refrigerated Snacks Market, by Distribution Channel
1.4.4 Asia Pacific Refrigerated Snacks Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2017, Apr – 2021, Jan) Leading Players
Chapter 4. Asia Pacific Refrigerated Snacks Market by End User
4.1 Asia Pacific Residential Market by Country
4.2 Asia Pacific Food Services Market by Country
Chapter 5. Asia Pacific Refrigerated Snacks Market by Type
5.1 Asia Pacific Savory Snacks Market by Country
5.2 Asia Pacific Bakery Snacks Market by Country
5.3 Asia Pacific Confectionery Snacks Market by Country
5.4 Asia Pacific Fruit Snacks Market by Country
5.5 Asia Pacific Other Type Market by Country
Chapter 6. Asia Pacific Refrigerated Snacks Market by Distribution Channel
6.1 Asia Pacific Supermarket/Hypermarket Market by Country
6.2 Asia Pacific Specialty Stores Market by Country
6.3 Asia Pacific Online Sales Channel Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Refrigerated Snacks Market by Country
7.1 China Refrigerated Snacks Market
7.1.1 China Refrigerated Snacks Market by End User
7.1.2 China Refrigerated Snacks Market by Type
7.1.3 China Refrigerated Snacks Market by Distribution Channel
7.2 Japan Refrigerated Snacks Market
7.2.1 Japan Refrigerated Snacks Market by End User
7.2.2 Japan Refrigerated Snacks Market by Type
7.2.3 Japan Refrigerated Snacks Market by Distribution Channel
7.3 India Refrigerated Snacks Market
7.3.1 India Refrigerated Snacks Market by End User
7.3.2 India Refrigerated Snacks Market by Type
7.3.3 India Refrigerated Snacks Market by Distribution Channel
7.4 South Korea Refrigerated Snacks Market
7.4.1 South Korea Refrigerated Snacks Market by End User
7.4.2 South Korea Refrigerated Snacks Market by Type
7.4.3 South Korea Refrigerated Snacks Market by Distribution Channel
7.5 Singapore Refrigerated Snacks Market
7.5.1 Singapore Refrigerated Snacks Market by End User
7.5.2 Singapore Refrigerated Snacks Market by Type
7.5.3 Singapore Refrigerated Snacks Market by Distribution Channel
7.6 Malaysia Refrigerated Snacks Market
7.6.1 Malaysia Refrigerated Snacks Market by End User
7.6.2 Malaysia Refrigerated Snacks Market by Type
7.6.3 Malaysia Refrigerated Snacks Market by Distribution Channel
7.7 Rest of Asia Pacific Refrigerated Snacks Market
7.7.1 Rest of Asia Pacific Refrigerated Snacks Market by End User
7.7.2 Rest of Asia Pacific Refrigerated Snacks Market by Type
7.7.3 Rest of Asia Pacific Refrigerated Snacks Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Ajinomoto Co., Inc.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental & Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisitions and Mergers:
8.2 Charoen Pokphand Foods Public Company Limited
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Acquisitions and Mergers:
8.3 Keventer Agro Limited
8.3.1 Company Overview
8.3.2 Financial Analysis
8.4 Cargill Corporation
8.4.1 Company Overview
8.4.2 Recent strategies and developments:
8.4.2.1 Acquisitions and Mergers:
8.5 Nestle S.A.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.5.2 Acquisitions and Mergers:
8.6 Conagra Brands, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental Analysis
8.6.4 Research& Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.6.5.2 Acquisitions and Mergers:
8.7 General Mills, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.8 The Kraft Heinz Company
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Product Launches and Product Expansions:
8.9 Unilever PLC
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Acquisitions and Mergers:
8.10. McCain Foods Limited
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 Asia Pacific Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Refrigerated Snacks Market
TABLE 4 Product Launches And Product Expansions– Refrigerated Snacks Market
TABLE 5 Acquisition and Mergers– Refrigerated Snacks Market
TABLE 6 Asia Pacific Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Residential Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Residential Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Food Services Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Food Services Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Savory Snacks Market by Country, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Savory Snacks Market by Country, 2021 - 2027, USD Million
TABLE 16 Asia Pacific Bakery Snacks Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific Bakery Snacks Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific Confectionery Snacks Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific Confectionery Snacks Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Fruit Snacks Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Fruit Snacks Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Other Type Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Other Type Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Supermarket/Hypermarket Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Supermarket/Hypermarket Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Specialty Stores Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Specialty Stores Market by Country, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Online Sales Channel Market by Country, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Online Sales Channel Market by Country, 2021 - 2027, USD Million
TABLE 32 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 33 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Refrigerated Snacks Market by Country, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Refrigerated Snacks Market by Country, 2021 - 2027, USD Million
TABLE 36 China Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 37 China Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 38 China Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 39 China Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 40 China Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 41 China Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 42 China Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 43 China Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 44 Japan Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 45 Japan Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 46 Japan Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 47 Japan Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 48 Japan Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 49 Japan Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 50 Japan Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 51 Japan Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 52 India Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 53 India Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 54 India Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 55 India Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 56 India Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 57 India Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 58 India Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 59 India Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 60 South Korea Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 61 South Korea Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 62 South Korea Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 63 South Korea Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 64 South Korea Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 65 South Korea Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 66 South Korea Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 67 South Korea Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 68 Singapore Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 69 Singapore Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 70 Singapore Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 71 Singapore Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 72 Singapore Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 73 Singapore Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 74 Singapore Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 75 Singapore Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 76 Malaysia Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 77 Malaysia Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 78 Malaysia Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 79 Malaysia Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 80 Malaysia Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 81 Malaysia Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 82 Malaysia Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 83 Malaysia Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 84 Rest of Asia Pacific Refrigerated Snacks Market, 2017 - 2020, USD Million
TABLE 85 Rest of Asia Pacific Refrigerated Snacks Market, 2021 - 2027, USD Million
TABLE 86 Rest of Asia Pacific Refrigerated Snacks Market by End User, 2017 - 2020, USD Million
TABLE 87 Rest of Asia Pacific Refrigerated Snacks Market by End User, 2021 - 2027, USD Million
TABLE 88 Rest of Asia Pacific Refrigerated Snacks Market by Type, 2017 - 2020, USD Million
TABLE 89 Rest of Asia Pacific Refrigerated Snacks Market by Type, 2021 - 2027, USD Million
TABLE 90 Rest of Asia Pacific Refrigerated Snacks Market by Distribution Channel, 2017 - 2020, USD Million
TABLE 91 Rest of Asia Pacific Refrigerated Snacks Market by Distribution Channel, 2021 - 2027, USD Million
TABLE 92 Key information –Ajinomoto Co., Inc.
TABLE 93 Key Information – Charoen Pokphand Foods Public Company Limited
TABLE 94 Key Information – Keventer Agro Limited
TABLE 95 Key Information – Cargill Corporation
TABLE 96 Key Information – Nestle S.A.
TABLE 97 Key Information – Conagra Brands, Inc.
TABLE 98 Key Information – General Mills, Inc.
TABLE 99 Key Information – The Kraft Heinz Company
TABLE 100 Key Information – Unilever PLC
TABLE 101 Key Information – McCain Foods Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Acquisitions and mergers: 2017, Apr – 2021, Jan) Leading Players