While the number of dogs over the historical period has decreased, that of cats has increased, outnumbering dogs as a pet in Japan. In addition, the fact pet food market in Japan is achieving growth is mainly driven by solid sales in both cat & dog pet food categories. The other trends that deserve to be noted are that dry food is conventional in Japan, whilst wet food is also accelerating for both cats and dogs pet food. According to the projections made by the publisher, Japan Pet Food Market Size is estimated to reach US$ 4.2 Billion by 2027.
Recent Launch
In Japan, April 2021 Unicharm launched AllWell cat food products. The recipes feature a patented formula that claims to be the world’s first ‘dietary fibre blending technology’ to reduce the regurgitation of meals. The brand claims that reducing regurgitation ensures that cats are able to absorb all of the nutrients present in the cat food, thus avoiding malnutrition.The UnicharmAllWell range is available in variants appropriate to various ages, lifestyles, and functional needs. The prevention of regurgitation and consequent loss of vital nutrients could appeal strongly to cat owners concerned about the physical wellness and resilience of their cats.
In addition, coupled with the growing concerns over pet food safety, 'Made in Japan' products are winning customers' favour. In contrast, imported pet foods are subject to animal quarantine and must comply with Pet Food Safety Laws. As per our analysis, Japan Pet Food Market forecasted to grow at a CAGR of 3.06% from 2020 to 2027.
Moreover, the most popular pet food distribution channel includes store-based retailing, non-store retailing (online) and non-retail channels (veterinary clinics). The most widespread distribution channel for pet food products in Japan is store-based retailing, specializing in food or pet products. The store-based retailing is opted by customers as these shops provide a wide variety of products under one roof. However, E-commerce has become a steadily popular preference among busy Millennials. In addition, the COVID-19 has also hiked the market segment among all distribution channels as the markets in the country were shut and consumers were dealing in online purchase channel.
Furthermore, the Japanese pet food market is highly competitive with fierce price competition. The price war is pushing manufacturers to come out with different and advanced pet foods. The major players in the Japanese pet food market include Mars Incorporated, Nestle Purina Pet Food, Royal Canin and Hill's Pet Nutrition. Indeed, new product development, mergers & acquisitions of small established innovative product lines by the companies are the most adopted strategies in the market.
COVID-19 Impact on Japan Pet Food Market:
The pet food industry amidst the COVID-19 pandemic has adversely impacted the market due to the deferment of manufacturing, processing, and packaging motions of companies associated with the pet food market. This has emerged in the limited availability of products, thereby hampering the pet food market in early 2021.However, the main driver for the market is the humanization of pets, wherein human attributes are ascribed to pets, and they are treated likewise. This trend will result in an increased focus on pet health, nutrition, weight, and overall wellness during the forecasted period. Furthermore, the trend is expected to force manufacturers to produce high-quality foods with an eye on natural and organic content.
This latest report “Japan Pet Food Market, By Animal Type (Dog Pet Food, Cat Pet Food and Others Pet Food), Dog Pet Food (Dry Dog Food, Wet Dog Food and Others Dog Food), Cat Pet Food (Dry Cat Food, Wet Cat Food and Others Cat Food), Distribution Channels Dog Food Market (Store-based Retailing, Non-Store Retailing (Online) and Non-Retail Channels (Veterinary Clinics)), Distribution Channels Cat Food Market (Store-based Retailing, Non-Store Retailing (Online) and Non-Retail Channels (Veterinary Clinics)), Companies (Mars Incorporated, Nestle Purina Pet Food, Royal Canin, Hill's Pet Nutrition and Unicharm)” provides a detailed analysis of Japan Pet Food Industry.
Animal Type - Pet Food Market has been covered from 3 viewpoints:
1. Dog Pet Food2. Cat Pet Food
3. Others Pet Food
Dog Pet Food has been further sub-segmented from 3 viewpoints:
1. Dry Dog Food2. Wet Dog Food
3. Others Dog Food
Cat Pet Food has been further sub-segmented from 3 viewpoints:
1. Dry Cat Food2. Wet Cat Food
3. Others Cat Food
Distribution Channels - Dog Food Market has been further segmented from 3 viewpoints:
1. Store-based Retailing2. Non-Store Retailing (Online)
3. Non-Retail Channels (Veterinary Clinics)
Distribution Channels - Cat Food Market has been further segmented from 3 viewpoints:
1. Store-based Retailing2. Non-Store Retailing (Online)
3. Non-Retail Channels (Veterinary Clinics)
Company Insights:
- Overview
- Recent Development
Company Covered:
1. Mars Incorporated2. Nestle Purina Pet Food
3. Royal Canin
4. Hill's Pet Nutrition
5. Unicharm
What is the estimated value of the Japanese Pet Food Market?
What is the growth rate of the Japanese Pet Food Market?
What is the forecasted size of the Japanese Pet Food Market?
Who are the key companies in the Japanese Pet Food Market?
Report Attribute | Details |
---|---|
No. of Pages | 95 |
Published | August 2021 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 3.4 Billion |
Forecasted Market Value ( USD | $ 4.2 Billion |
Compound Annual Growth Rate | 3.1% |
Regions Covered | Japan |
No. of Companies Mentioned | 5 |
Table of Contents
Companies Mentioned
- Mars Incorporated
- Nestle Purina Pet Food
- Royal Canin
- Hill's Pet Nutrition
- Unicharm
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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