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Dairy in Japan

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    Report

  • 45 Pages
  • August 2025
  • Region: Japan
  • MarketLine
  • ID: 2113010
Dairy in Japan industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Dairy market includes retail sales of milk, cheese, yogurt, dairy-based & soy-based desserts, drinkable yogurt, and others. The scope of others includes butter & spreadable fats, cream, etc. Market is valued according to retail selling price (RSP) and includes any applicable taxes.
  • The Japanese dairy market recorded revenues of $21.20 billion in 2024, representing a negative compound annual growth rate (CAGR) of 4.3% between 2019-24.
  • Market consumption volumes declined with a negative CAGR of 0.6% between 2019-24, reaching a total of 5.53 billion kilograms in 2024.
  • The revenue of the Japanese dairy market witnessed contraction during the review period, primarily due to the country’s shrinking population, which has led to an overall decrease in dairy consumption.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the dairy market in Japan
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the dairy market in Japan
  • Leading company profiles reveal details of key dairy market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Japan dairy market with five year forecasts

Reasons to Buy

  • What was the size of the Japan dairy market by value in 2024?
  • What will be the size of the Japan dairy market in 2029?
  • What factors are affecting the strength of competition in the Japan dairy market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Japan's dairy market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Japanese dairy market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies’ market shares have suffered over the same period?
7.5. What are the most popular brands in the Japanese dairy market?
7.6. What have been the most significant developments in the Japanese dairy market in 2024?
8 Company Profiles
8.1. Meiji Holdings Co Ltd
8.2. Yakult Honsha Co Ltd
8.3. Megmilk Snow Brand Co Ltd
8.4. Morinaga Milk Industry Co Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Japan dairy market value: $ million, 2019-24
Table 2: Japan dairy market volume: million kilograms, 2019-24
Table 3: Japan dairy market category segmentation: % share, by value, 2019-24
Table 4: Japan dairy market category segmentation: $ million, 2019-24
Table 5: Japan dairy market geography segmentation: $ million, 2024
Table 6: Japan dairy market distribution: % share, by value, 2024
Table 7: Japan dairy market value forecast: $ million, 2024-29
Table 8: Japan dairy market volume forecast: million kilograms, 2024-29
Table 9: Japan dairy market share: % share, by value, 2024
Table 10: Meiji Holdings Co Ltd: Key Facts
Table 11: Meiji Holdings Co Ltd: Annual Financial Ratios
Table 12: Meiji Holdings Co Ltd: Key Employees
Table 13: Yakult Honsha Co Ltd: Key Facts
Table 14: Yakult Honsha Co Ltd: Annual Financial Ratios
Table 15: Yakult Honsha Co Ltd: Key Employees
Table 16: Yakult Honsha Co Ltd: Key Employees Continued
Table 17: Megmilk Snow Brand Co Ltd: Key Facts
Table 18: Megmilk Snow Brand Co Ltd: Annual Financial Ratios
Table 19: Megmilk Snow Brand Co Ltd: Key Employees
Table 20: Morinaga Milk Industry Co Ltd: Key Facts
Table 21: Morinaga Milk Industry Co Ltd: Annual Financial Ratios
Table 22: Morinaga Milk Industry Co Ltd: Key Employees
Table 23: Japan Size of Population (Million), 2020-24
Table 24: Japan Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 25: Japan GDP (Current Prices, $ Billion), 2020-24
Table 26: Japan Inflation, 2020-24
Table 27: Japan Consumer Price Index (Absolute), 2020-24
Table 28: Japan Exchange Rate, 2019-24
List of Figures
Figure 1: Japan dairy market value: $ million, 2019-24
Figure 2: Japan dairy market volume: million kilograms, 2019-24
Figure 3: Japan dairy market category segmentation: $ million, 2019-24
Figure 4: Japan dairy market geography segmentation: % share, by value, 2024
Figure 5: Japan dairy market distribution: % share, by value, 2024
Figure 6: Japan dairy market value forecast: $ million, 2024-29
Figure 7: Japan dairy market volume forecast: million kilograms, 2024-29
Figure 8: Forces driving competition in the dairy market in Japan, 2024
Figure 9: Drivers of buyer power in the dairy market in Japan, 2024
Figure 10: Drivers of supplier power in the dairy market in Japan, 2024
Figure 11: Factors influencing the likelihood of new entrants in the dairy market in Japan, 2024
Figure 12: Factors influencing the threat of substitutes in the dairy market in Japan, 2024
Figure 13: Drivers of degree of rivalry in the dairy market in Japan, 2024
Figure 14: Japan dairy market share: % share, by value, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Meiji Holdings Co Ltd
  • Yakult Honsha Co Ltd
  • Megmilk Snow Brand Co Ltd
  • Morinaga Milk Industry Co Ltd