Asia Pacific Packaged Salad Market Size & Outlook
Asia Pacific packaged salad market, 2016-2030 (US$M)
Related Markets
Asia Pacific packaged salad market highlights
- The Asia Pacific packaged salad market generated a revenue of USD 2,575.4 million in 2023.
- The market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, vegetarian was the largest revenue generating product in 2023.
- Vegetarian is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 2,575.4 million |
| Market revenue in 2030 | USD 4,336.3 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Vegetarian |
| Fastest growing segment | Vegetarian |
| Historical data covered | 2016 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Vegetarian, Non-Vegetarian |
| Key market players worldwide | Dole PLC, Fresh Del Monte Produce Inc, Gotham Greens, Fresh Express, Earthbound Farm, organicgirl, Misionero, Eat Smart, BrightFarms |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 20.3% of the global packaged salad market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,336.3 million by 2030.
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Packaged Salad Market Scope
Packaged Salad Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific packaged salad market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to packaged salad market will help companies and investors design strategic landscapes.
Vegetarian was the largest segment with a revenue share of 68.26% in 2023. Horizon Databook has segmented the Asia Pacific packaged salad market based on vegetarian, non-vegetarian covering the revenue growth of each sub-segment from 2016 to 2030.
Increasing awareness about the importance of green leafy vegetables in the diet and the rising consumer preference for on-the-go food products are expected to drive the demand for packaged salad in this region. Furthermore, the increasing adoption of western-style food habits, especially among the youth in countries like India, is driving the market in the region.
The high consumption of vegetables and fruits is expected to boost the demand for packaged salads in this region. Consumers in countries like China and India consume a significant number of vegetables due to their high production and ready availability.
Similarly, salads have experienced a substantial surge in popularity among Korean consumers, both at home and within the growing number of specialized salad eateries. In August 2021, according to a report from Korea Joong Ang Daily, salads, previously considered side dishes, have now transitioned into the focus of meals for many Koreans, especially among the younger generation.
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Target buyers of Asia Pacific packaged salad market databook
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Our clientele includes a mix of packaged salad market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific packaged salad market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific packaged salad market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific packaged salad market size, by country, 2016-2030 (US$M)
Asia Pacific Packaged Salad Market Outlook Share, 2023 & 2030 (US$M)
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