Global Asian Food Market

Global Asian Food Market by Product Types (Indian, Chinese, Japanese, Oriental, and Others) and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: FB-4040
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 218
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The global Asian food market is projected to expand at a robust CAGR during the forecast period, between 2021 and 2028. Asian food refers to cuisines that originating from countries in the Asian continent. Asian food encompasses foods from Southeast Asia, Middle East Asia, and other regions and is inclusive of various cultures and nationalities such as Japan, India, China, Singapore, Vietnam, and others.

Global Asian Food Market summary

The characteristic method of cooking and preparation and ingredients varies from nation to nation, and is specific to the cultures and practices on the country. Asian food includes the use of a range of spices, ingredients, flavors, vegetables, meats, tastes, and overall preparation. Ingredients such as ginger, garlic, chilies, sesame seeds, rice, and onions are used to prepare a variety of Asian food. For instance, curry dishes originating from India are combined with yogurt, while those prepared in South India, Sri Lanka, and countries Southeast Asia are combined with coconut. Thus, the flavor of the food is based on the different countries in the region.

Market Trends, Drivers, Restraints, and Opportunities

  • Increasing demand for Asian food due to the rise in tourism activities is primarily drives the market.
  • Immigration rates in various countries have increased, thus fueling the preference and demand for Asian food, outside the Asian continent, which is further expected to fuel the market.
  • Rising capital investments by food service institutions and key players toward developing healthy and dietary Asian food is driving the global market.
  • Globalization and rising awareness about the health benefits of foods such as ginger turmeric, and spices fuel the demand for Asian food.
  • Asian food includes a variety of food products ranging from spicy and sweet, to authentic cultural dishes, which attracts consumers toward Asian food, thereby surging the market.
  • Developments and innovations in Asian dishes attract new customers, thus fuelling the market.
  • Increasing awareness about the health benefits of Asian food as opposed to fast foods has surged the demand for the former, thus boosting the market.
  • COVID-19 impeded the market due to global lockdown and temporary closure of restaurants, which resulted in irregular functioning of the supply chain. This restrained the market.
  • Innovative food items prepared by Asian food restaurants and joints that cater to the dynamic tastes of the consumers is projected to create opportunities in the market.

Scope of the Report

The report on the global Asian food market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Asian Food Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

Product Types (Indian, Chinese, Japanese, Oriental, and Others)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market Scope, Analysis, Share, Competitive Analysis, Growth Facts, Restraints, Opportunities, and Revenue Forecast

Key Players Covered in the Report

Pei Wei Asian Diner, Panda Express, Moods Hospitality Pvt Ltd; and Eurofood Group Plc.

Global Asian Food Market Segment Insights

Increasing preference drives the Chinese segment

On the basis of product types, the Asian food market is categorized as Indian, Chinese, Japanese, Oriental, and others. The Chinese segment is expected to grow significantly during the forecast period owing to increasing preference of consumers toward Chinese food. Chinese food includes cuisine that is prepared with common ingredients such as soy, rice, chilly oil, tofu, and noodles. The preparation and consumption of this food requires utensils such as wok and chopsticks, respectively. High demand for Chinese food in western countries drives the segment. The immigration of the people from China to the West has resulted in the adoption of Chinese cuisines in countries in North America, the Middle East, & Africa, and Europe. Additionally, the taste and flavor of Chinese food attracts people to it, which in turn, has propelled the launch of food service restaurants that prepare authentic Chinese food. Seasoning and cooking techniques of Chinese food is closely related to its historic background, culture, and ethnicity in the country. Indian food is also a very popular type of Asian food. Indian food varies include an array of spices, herbs, fruits, and vegetables growing in different parts of the Indian subcontinent.

Global Asian Food Market product types

The market in North America is anticipated to expand at a robust CAGR

In terms of regions, the global Asian food market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America is projected to expand at a significant pace in the coming years owing to the high demand of Asian food in the region. The penetration of key players and various food services joints drives the market in the region. Additionally, immigration rate has increased and the demand for Asian food from Asians residing in North America has increased in the recent years.

Global Asian Food Market region

Segments

Segments Covered in the Report
By Product Types

  • Indian
  • Chinese
  • Japanese
  • Oriental
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

Competitive Landscape

Key players in the global Asian food market are Pei Wei Asian Diner, Panda Express, Moods Hospitality Pvt Ltd; and Eurofood Group Plc. These players are widely engaged in various business development strategies including mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence and expand their consumer base globally.

Global Asian Food Market keyplayers

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Asian Food Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Asian Food Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Asian Food Market - Supply Chain
  4.5. Global Asian Food Market Forecast
     4.5.1. Asian Food Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Asian Food Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Asian Food Market Absolute $ Opportunity
5. Global Asian Food Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Asian Food Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Asian Food Demand Share Forecast, 2019-2026
6. North America Asian Food Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Asian Food Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Asian Food Demand Share Forecast, 2019-2026
7. Latin America Asian Food Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Asian Food Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Asian Food Demand Share Forecast, 2019-2026
8. Europe Asian Food Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Asian Food Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Asian Food Demand Share Forecast, 2019-2026
9. Asia Pacific Asian Food Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Asian Food Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Asian Food Demand Share Forecast, 2019-2026
10. Middle East & Africa Asian Food Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Asian Food Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Asian Food Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Asian Food Market: Market Share Analysis
  11.2. Asian Food Distributors and Customers
  11.3. Asian Food Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Segments Covered in the Report
By Product Types

  • Indian
  • Chinese
  • Japanese
  • Oriental
  • Others

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

Key players in the global Asian food market are Pei Wei Asian Diner, Panda Express, Moods Hospitality Pvt Ltd; and Eurofood Group Plc. These players are widely engaged in various business development strategies including mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence and expand their consumer base globally.

Global Asian Food Market keyplayers

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