Upload
carlos-velastegui
View
189
Download
3
Embed Size (px)
DESCRIPTION
Citation preview
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
MARKET OPPORTUNITIES (APAC) FOR SYNTHETICS IN MEATS
Carlos Velastegui
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Criteria
• Countries of interest:o Japano Australiao South Koreao Singaporeo Malaysiao Indonesiao Philippineso Thailand
Reference Information
• Synthetic Ingredients:o Sodium Lactateo Lactic Acido Potassium Lactateo Sodium Diacetateo Potassium Diacetateo Lactates
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Japan
• # Meat products introduced since 00’: 896o # Synthetics: 1 (0.11%)
• Sodium Lactate – 1 (released 2012)
• Lactates are present in approx. 98.7% of Chilled Processed Meat products
Source:Mintel GNPD and Euromonitor International Statistics
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
• $10,416.9 million (2011)
Japan – MARKET SIZE Chilled Processed Meat
• 952,000 tonnes or 2,098,800,740 lbs. (2011)
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Australia
• # Meat products introduced since 00’: 501o # Synthetics: 47 (9.4%)
• Sodium Lactate – 28• Lactic Acid – 10• Potassium Lactate – 9
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Australiacontinued…
• Synthetics Trends
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
• $673.9 million (2011)
Australia – MARKET SIZEChilled Processed Meat
• 117,000 tonnes or 257,940,847 lbs. (2011)
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
South Korea
• # Meat products introduced since 00’: 459o # Synthetics: 9 (1.97%)
• Sodium Lactate – 5• Lactic Acid – 2• Potassium Lactate – 1• Sodium Diacetate – 1
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
South Koreacontinued…
• Synthetics Trends
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
• $857 million (2011)
South Korea – MARKET SIZEChilled Processed Meat
• 141,900 tonnes or 312,835,950 lbs. (2011)
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Singapore
• # Meat products introduced since 00’: 160o # Synthetics: 17 (10.6%)
• Sodium Lactate – 9• Lactic Acid – 3• Potassium Lactate – 5• Sodium Diacetate – 2
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Singaporecontinued…
• Synthetics Trends
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
• $36 million (2011)
Singapore – MARKET SIZEChilled Processed Meat
• 7,000 tonnes or 15,432,358.4 lbs. (2011)
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Malaysia
• # Meat products introduced since 00’: 120
o # Synthetics: 3 (2.5%)• Sodium Lactate – 3
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Malaysiacontinued…
• Synthetics Trends
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
• $80.4 million (2011)
Malaysia – MARKET SIZEChilled Processed Meat
• 22,300 tonnes or 49,163,084.5 lbs. (2011)
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Indonesia
• # Meat products introduced since 00’: 187o # Synthetics: 4 (2.1%)
• Sodium Lactate – 1*• Potassium Lactate – 2• Sodium Diacetate – 2
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Indonesiacontinued…
• Synthetics Trends
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
• $97.4 million (2011)
Indonesia – MARKET SIZEChilled Processed Meat
• 14,200 tonnes or 31,305,641.2 lbs. (2011)
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Philippines
• # Meat products introduced since 00’: 487
o # Synthetics: 4 (0.82%)• Sodium Lactate – 2• Potassium Lactate – 2
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Philippinescontinued…
• Synthetics Trends
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
• $343.6 million (2011)
Philippines – MARKET SIZEChilled Processed Meat
• 108,200 tonnes or 238,540,168 lbs. (2011)
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Thailand
• # Meat products introduced since 00’: 291
o # Synthetics: 2 (0.69%)• Sodium Lactate – 2• Sodium Diacetate – 1*
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Thailandcontinued…
• Synthetics Trends
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
• $53 million (2011)
Thailand – MARKET SIZEChilled Processed Meat
• 11,000 tonnes or 24,250,848.8 lbs. (2011)
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
1. Japan – $10,416.9M , 952,000 tonnes2. South Korea – $857M, 141,900 tonnes3. Australia – $673.9M, 117,000 tonnes4. Philippines – $343.6M, 108,200 tonnes5. Indonesia – $97.4M, 14,200 tonnes6. Malaysia – $80.4M, 22,300 tonnes7. Thailand – $53M,11,000 tonnes8. Singapore – $36M, 7,000 tonnes
Market Sizes – RANKING SUMMARY
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
Key Conclusions
• Synthetic Ingredients* were included in 2.81% of all new meat product launched since the year 2000
• Singapore has the highest % of products launched incl. synthetic ingredients
• Australia has the highest number of products launched incl. synthetic ingredients
• Except in Indonesia, Sodium Lactate is the most widely used synthetic ingredient present in new meat products
• 0 products incl. Potassium Diacetate
Source:Mintel GNPD
© Kemin Industries, Inc. and its group of companies 2012 All rights reserved. ®™ Trademarks of Kemin Industries, Inc., U.S.A. For use WorldwideK-Source: PRE-11-00000 REV 0
110930
THANK YOU
Reference Information