Top Growth Opportunities: Dairy & Soy Food in Japan

2017-06-30
Price :
Published : Jun-2017
No. of Pages : 116

Top Growth Opportunities: Dairy & Soy Food in Japan

Summary

Japan ranks among the largest markets in the Global Dairy & Soy Food sector in terms of per capita expenditure in US dollar terms, being lower than Australia, the US, and Saudi Arabia. Although it is not as common in Japan as in most developed countries, high incomes and spending power fuel a high per capita expenditure when it is bought. Japan is forecast to witness high growth in per capita dairy and soy consumption, and is clearly a long-term growth market.

Japan is a major world economy with the third largest GDP in the world and 10th largest population. It is highly developed, with high life expectancy and a robust, innovative consumer economy. Milk and dairy products only came to Japan after the Westernization of the Meiji period in the latter half of the 19th century and the Dairy industry isn’t as integral to the food economy as in the West, particularly in the Cheese market, due to a lack of farmland. However, Japan is well placed to utilize various farming technologies to boost dairy production and create new dairy products that can better appeal to Japanese consumers.

Japanese Dairy market declined during 2011-2016 in US dollar terms, mostly due to depreciation of the Japanese yen against the US dollar during the time period. However, a substantial 6.5% CAGR is forecast during 2016-2021. Dairy is not a traditionally strong sector in the Japanese diet, and the opening up of Japanese consumers to more Western dietary choices will create opportunities for growth. Other factors expected to aid the growth of the Japanese dairy industry are the growing perception that yogurt gives a wide variety of health benefits and the use of technology in dairy farming, which can help reduce prices through savings in scarce farming labor

Dairy has been somewhat present in Japanese cuisine for many decades, but the previously lauded Western diet has shown to be unhealthy in many respects, and fatty dairy products that can be poor for digestion is one group many Japanese consumers will increasingly move away from in favor of more traditionally Japanese foods. The rapid embrace of technology such as milking machines and monitoring devices is enabling many Japanese farms to increase their cattle numbers; however, struggles to find agricultural labor, and concerns regarding animal welfare threaten to offset this.

The report “Top Growth Opportunities: Dairy & Soy Food in Japan” provides an overview of the meat market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption.

In depth, this report provides the following –
– Key consumer demographic groups driving consumption within the Japanese market. The figures showcase the number of times consumers of specific ages and gender consume Dairy & Soy, as well as identifying whether these demographic groups “over” consume in the category (i.e. they account for a higher proportion of occasions than the proportion of society they represent overall).
– A study of market value and volumes over 2011-2016 for Japan, supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2016-2021 period.
– The degree of influence that the 20 key consumer trends identified by GlobalData have on Dairy & Soy consumption volumes, with granular analysis on the extent that degree of influences varies between gender and age group.
– Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future.
– Examples of international and Japan-specific product innovation targeting key consumer needs.

Companies mentioned in this report: Meiji Holdings Co. Ltd., Megmilk Snow Brand Co., Ltd., Morinaga Milk Industry Co., Ltd. The Kraft Heinz Company, Rokko Butter Co., Ltd., Groupe Danone S.A., Yakult Honsha Co., Ltd., Ouchiyama Dairy, Yotsuba Milk Products Co., Ltd., Fromageries Bel S.A.

Scope

– The Japanese Dairy market declined during 2011-2016 in US dollar terms, however, a substantial CAGR is forecast during 2016-2021.
– The Dairy market has been value-driven over the last five years.
– Private label penetration is exceptionally low in the Japanese Dairy & Soy market.
– Various Health & Wellness trends are contributing heavily to the strong overall growth in the H+W market for Japanese Dairy.

Reasons to buy

– This report brings together consumer analysis and market data to provide actionable insight into the behavior of Japan’s Dairy & Soy consumers.
– This is based on GlobalData’s unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Dairy & Soy sector.
– Category, brand, and packaging dynamics are also examined.
– This allows product and marketing strategies to be better aligned with the leading trends in the market.

Filed in: Food & Beverage
Publisher : GlobalData
More Reports
Title Price Buy Now

Country Profile: Confectionery in Mexico

Country Profile: Confectionery in Mexico Summary The Mexican confectionery sector is led by the sugar confectionery category in both value and volume terms, while chocolate is forecast to register the fastest growth over 2018-2023. With rising health consciousness, confectioneries with ‘free from' claims are expected to contribute the most to the growth of the health & wellness market in the sector over 2018-2023. Mondelez International, Inc., Mars, Incorporated, and Grupo Bimbo, S.A.B de C.V. are the leading companies in the sector. GlobalData's Country Profile report on the confectionery sector in Mexico provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and market share of brands. What else is co......
$875

Country Profile: Confectionery in Italy

Country Profile: Confectionery in Italy Summary The Italian confectionery sector is led by the chocolate category in both value and volume terms, while sugar confectionery is expected to register the fastest growth in both value and volume terms during 2018-2023. Hypermarkets & supermarkets is the leading channel for the distribution of confectioneries in the country. Flexible packaging is the most commonly used pack material in the Italian confectionery sector, followed by rigid plastics and paper & board. ‘Perfetti Van Melle SpA', ‘Ferrero' and ‘Nestle SA' are the leading market players in the sector. GlobalData's Country Profile report on the confectionery sector in Italy provides insights on high growth categories to target, trends in the usage of package materials, category leve......
$875

Success Case Study: Deliveroo – Making take-away food delivery smart and connected

Success Case Study: Deliveroo - Making take-away food delivery smart and connected Summary Online/app-based food delivery is a growth market in the face of pressure on traditional quick-service restaurants. This has inspired both new start-ups and bigger brands with the logistics and online clout to explore such services, with competition springing up in major cities in markets such as the US, UK, and Europe. Established by two American expats in London, Deliveroo has become one of the most successful start-up brands in the developing online/app-based food delivery market. Scope - Deliveroo has been a definitive player in disrupting the market by leveraging existing providers and providing the branded platform and delivery rider network to offer enhanced choice (including restaurants ......
$995

Country Profile: Confectionery in the US

Country Profile: Confectionery in the US Summary The US confectionery sector is led by the chocolate category in both value and volume terms, while sugar confectionery is forecast to register the fastest value and volume growth during 2018-2023. Hypermarkets & supermarkets is the leading channel for distribution of confectionery products in the country. Flexible packaging is the most commonly used pack material, followed by rigid plastics and paper & board. The Hershey Co, Mars, Incorporated and Mondelez International, Inc are the leading players in the US confectionery sector. GlobalData's Country Profile report on the confectionery sector in the US provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data ......
$875

Top Growth Opportunities: Meat in Canada

Top Growth Opportunities: Meat in Canada Summary "Top Growth Opportunities: Meat in Canada", provides an overview of the meat sector, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData's proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for meat producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes. This report provides recommend......
$2995

Success Case Study: Bubs Australia – A determined cross-border strategy to capitalize on appeal in China

Success Case Study: Bubs Australia - A determined cross-border strategy to capitalize on appeal in China Summary "Success Case Study: Bubs Australia", is part of GlobalData's Successes and Failures research. It focuses on the baby food brand Bubs Australia, and its ability to capitalize on its appeal among Chinese consumers with a deliberate and aggressive cross-border strategy. The case study delivers crucial "what?", "why?", and "so what?" analysis to impart valuable lessons that can increase the prospects of a successful product or campaign launch. Ongoing food safety scandals in China have boosted demand for foreign-made goods, particularly in the baby food category, where safety is paramount. Collaborating with key retailers, social media influencers, and new shopper networks is cr......
$995

Company Profile: Recursion Pharmaceuticals, Inc.

Company Profile: Recursion Pharmaceuticals, Inc. Summary Recursion Pharmaceuticals, Inc. is a biotechnology company. Recursion combines experimental biology and bioinformatics with artificial intelligence (AI) in a parallel system to identify treatments quickly and efficiently for any disease which can be modeled at the cellular level. Scope The report provides information and insights into Recursion Pharmaceuticals, Inc., including - - Overview of the company and its product offering - Detailed insight into its business model, technology, revenue model and business presence - Information on partnerships and funding it received - Biography of top management. Reasons to buy - Gain insights into Recursion 's business operations. - Gain insights into funding and partnerships. - Gain un......
$350

Country Profile: Confectionery in Spain

Country Profile: Confectionery in Spain Summary The Spanish confectionery sector is led by the chocolate category in value terms in 2018 and is also forecast to register the fastest value and volume growth during 2018-2023. With rising health consciousness, confectioneries with ‘free from' attributes are gaining the fastest popularity amongst the Spanish consumers. Flexible packaging is the most commonly used pack material, followed by rigid plastics and paper & board. Mondelez International, Inc., Mars, Incorporated, and Nestle SA are the leading companies in the sector. GlobalData's Country Profile report on the confectionery sector in Spain provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and ma......
$875

Country Profile: Confectionery in the Netherlands

Country Profile: Confectionery in the Netherlands Summary The confectionery sector in the Netherlands is led by the chocolate category in value terms, while the gum category is forecast to register the fastest value growth during 2018-2023. Hypermarkets & supermarkets is the leading channel for the distribution of confectionery products in the country. Flexible packaging is the most commonly used pack material in the sector. 'Perfetti Van Melle SpA', 'Mars, Incorporated', and 'Cloetta Ab' are some of the leading market players in the Dutch confectionery sector. GlobalData's Country Profile report on the confectionery sector in the Netherlands provides insights on high growth categories to target, trends in the usage of package materials, category level distribution channel data and mark......
$875

Country Profile: Confectionery in Poland

Country Profile: Confectionery in Poland Summary The Polish confectionery sector is led by the chocolate category in the value terms. The category is also forecast to register the fastest value growth during 2018-2023. Hypermarkets & supermarkets accounted for the leading value share in the distribution of confectionery products in the country. Flexible packaging is the most commonly used pack material in the sector and is also expected to register the fastest growth during 2018-2023. Lotte Co., Ltd, Mars Incorporated, and Nestle SA are the leading market players in the Polish confectionery sector. GlobalData's Country Profile report on the confectionery sector in the Poland provides insights on high growth categories to target, trends in the usage of package materials, category level d......
$875
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy