Natto Market 2021-2025: 72% of Market Growth will Originate from APAC
The natto market share is set to grow up to USD 1.39 billion, accelerating at a CAGR of 8.46% during the forecast period. The increased awareness of the need for a healthy lifestyle will offer immense growth opportunities to market vendors. However, the stringent government regulations and guidelines may hamper the market growth.
Technavio's research report provides an in-depth analysis of the market across the different geographical segments. It offers a thorough analysis of all the natto market trends, drivers, and challenges that are likely to impact the market during the forecast period.
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Natto Market: APAC to lead market growth during the forecast period
- The natto market is segmented by Application (food and others) and Geography (APAC, Americas, and EMEA).
- Based on the application segmentation, the natto market growth in the food segment will be significant during the forecast period.
- 72% of the market growth will originate from APAC during the forecast period. Japan, South Korea (Republic of Korea), and China are the key markets for Natto in APAC.
- The natto report provides an accurate prediction of the contribution of all the geographic segments to the growth of the natto market size.
Natto Market: Vendor Landscape
The natto market is fragmented due to the presence of several players. Some of the leading natto market vendors are:
- Asahimatsu Foods Co. Ltd.
- ASAICHIBAN Corp.
- CJ CheilJedang Corp.
- Japan Bio Science Laboratory Co. Ltd.
- Kasano Kosan Co. Ltd.
- MegumiNATTO Inc.
- Mizkan America Inc.
- NikanKitchen Inh. K.Ageno
- Organo Food Tech Corp.
- Takanofoods Co. Ltd.
Download the PDF sample report for highlights on the market size, growth momentum, regional growth opportunities, vendor analysis, and other factors influencing the growth of the market.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market is accelerating at a CAGR of 8.46%.
- What is the incremental growth of the market?
The market is expected to grow up to USD 1.39 billion.
- What is a key factor driving this market?
Increased awareness of the need for a healthy lifestyle will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
APAC, Americas, and EMEA are the key regions featured in this research report.
- Which is the leading geographic region for this market?
72% growth will originate from APAC.
- Who are the leading market vendors?
The leading vendors in this market are Asahimatsu Foods Co. Ltd., ASAICHIBAN Corp., CJ CheilJedang Corp., Japan Bio Science Laboratory Co. Ltd., Kasano Kosan Co. Ltd., MegumiNATTO Inc., Mizkan America Inc., NikanKitchen Inh. K.Ageno, Organo Food Tech Corp., and Takanofoods Co. Ltd.
- What are the market segments covered in this report?
The market is segmented by Application (food and others) and Geography (APAC, Americas, and EMEA).