Japan pet foods market is anticipated to
grow with an impressive CAGR in the forecast period, FY2023-FY2027. The market is
expected to grow with the projected cumulative annular growth rate on the
account of surging demand for the healthier pet foods for the pet population.
Rapidly increasing pet population is further driving the growth of the Japan
pet foods market in the upcoming five years. Pet foods provide nutritious and
energy-dense food items to meet the health requirements of the pet animals and
thus are in high demand in the recent years, thereby supporting the growth of
the Japan pet foods market in the next five years. Also, increasing number of
pet owners is also supporting the growth of the Japan pet foods market in the
future five years. Increasing pet ownership among households backed by rising
purchasing power of the pet owners is also aiding the growth of the Japan pet
foods market in the further five years in forecast. With the development in the
pet healthcare and increased facilities for the pets is further substantiating
the growth of the Japan pet foods market in the forecast years.
Pet food is the nutritional supply and
food intake for the companion animals and pet animals. Typically available in
the supermarkets, hypermarkets and some of the specialty pet stores the pet
foods are one of the FMCG products available for the pets. The nutrient content
of these food items is specifically designed as it is required by the pet
animal.
The Japan pet foods market is segmented
by pet type, product type, distribution channel, regional distribution, top 3
states analysis in each region, and competitional landscape. Based on pet type,
the market is further bifurcated into dogs, cats, fish, and others. Dogs are
anticipated to hold the largest revenue shares of the market and dominate the
market segment on the account of surge in the number of dog owners. Moreover,
dogs are considered as the man’s best friend and thus population is very
inclined to getting multiple dogs and various breeds as companion animals. Additionally,
dogs are also utilized for the defense & security along with their roles as
companion animals for the blind and handicapped people is further aiding the
growth of the segment and thus substantiating the growth of the Japan pet foods
market in the future five years.
Some of the top players in the Japan pet
foods market is Mars Petcare, Nestle SA (Purina), Colgate Palmolive (Hill's Pet
Nutrition), Nutriara Alimentos Ltd, Maruha Nichiro Holdings Inc., Uni-Charm
Corp., InVivo NSA, Agrolimen SA, Mogiana Alimentos SA, Heristo AG, among
others. Major market players are actively dedicated in the research and
development of the advanced products such that the consumer’s demand could be
fulfilled. Consistent research ensures the future launches for the better
products and services. With rapidly surging demand for the advanced products,
the new market entrants would be able to establish their brand and thus their
market-place. Other strategies include collaborations and partnerships with the
pre-existing market players or the research institutes such that government
funding can be availed for the product development.
Years considered for this report:
Historical Years: FY2017 – FY2020
Base Year: FY2021
Estimated Year: FY2022
Forecast Period: FY2023 – FY2027
Objective of the Study:
- To
analyze the historical growth of the
market size of Japan pet foods market from FY2017 to FY2020.
- To
estimate and forecast the market size of Japan pet foods market from FY2021
to FY2027 and growth rate until FY2027.
- To classify and
forecast Japan pet foods market based on type,
source, end use, regional distribution, top 3 states analysis in each
region, and competitional landscape.
- To identify dominant region or segment in the Japan pet foods market.
- To
identify drivers and challenges for Japan pet foods market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Japan pet foods market.
- To identify and analyze the profile
of leading players operating in Japan pet foods market.
- To identify key sustainable strategies adopted by market players in
Japan pet foods market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers, suppliers, and across the country. Subsequently, TechSci
Research conducted primary research surveys with the identified companies.
While interviewing, the respondents were also enquired about their competitors.
Through this technique, TechSci Research could include the manufactures which
could not be identified due to the limitations of secondary research. TechSci
Research analyzed the manufactures, distribution channels and presence of all
major players across the country.
TechSci Research calculated the market size of Japan pet foods market using a bottom-up approach, wherein data for various end-user
segments was recorded and forecast for the future years. TechSci Research
sourced these values from the industry experts and company representatives and
externally validated through analyzing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company websites, news articles, press releases,
company annual reports, investor presentations and financial reports were also
studied by TechSci Research.
Key
Target Audience:
- Pet foods manufacturers, end users, and other stakeholders
- Distributers and suppliers of Pet foods and other stakeholders
- Organizations, forums and alliances related to pet foods
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
Report Scope:
In this report, Japan Pet foods market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Japan Pet Foods Market,
By Pet Type:
- Japan Pet Foods Market, By Product
Type:
o Dry Food
o Wet and Canned Pet Food
o Others
o Treats
o Flake & Pellet
o Freeze-Dried
- Japan Pet Foods Market, By Distribution
Channel:
- Dedicated Pet Store
- Supermarket/Hypermarket
- Online Retail
- Others
- Japan Pet FOODS Market, By Region:
- Hokkaido & Tohoku
- Kanto
- Chubu
- Kansai
- Chugoku
- Shikoku
- Kyushu
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Japan pet foods market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
Japan Pet Foods Market is
an upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]
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