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APAC Plant-based Market: Analysis and Opportunities

Benjamin Lategan
Published Mar 15, 2024
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The APAC region is the largest market in the world for plant-based alternatives, worth more than USD 10 billion. The APAC region has also attracted significant investments in recent years. Explore Tridge's analysis of the plant-based market in APAC and how to navigate the challenges faced by industry players, along with insights into market opportunities. The report also contains Tridge's unique price dataset consisting of retail prices of plant-based alternatives across the APAC region.

Table of contents

Key Takeaways

1. Market Overview of Plant-based Alternatives (PBA)

1.1 Global Overview

1.2 Investments and Opportunities

1.2.1 Private Investments in APAC

1.2.1.1 Investments by Country

1.2.2 Public Investments in APAC

1.2.2.1 Singapore

1.2.2.2 South Korea

1.2.2.3 Australia

1.2.3 Policy Frameworks for Plant-based Alternatives in APAC

1.2.3.1 China

1.2.3.2 Singapore

1.2.3.3 Japan

1.2.3.4 South Korea

1.2.3.5 Australia and New Zealand

1.2.3.6 Malaysia

1.2.3.7 Thailand

2. Status of PBA in APAC

2.1 Market Size of PBA in APAC

2.2 PBA Categories

2.2.1 Plant-based Meat and Seafood

2.2.2 Plant-based Milk

2.2.3 Plant-based Cheese

2.2.4 Plant-based Yogurt

3. PBA Consumption Behavior in APAC

3.1 Barriers to Consumption

3.1.1 Cost

3.1.2 Nutritiousness

3.1.3 Taste

3.1.4 Availability

3.1.5 Variety

3.1.6 Processedness

3.1.7 Conclusion

3.2 Plant-based versus Animal Meat

4. Product Launches and Industry Trends in the US

4.1 Product Launches by Country

4.1 Product Launches by Category

Conclusion and Future Outlook

Appendix

References and Citations

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