According to the
report analysis, ‘Country Profile: Dairy & Soy Food in
Japan’ states that some of
the major companies which are recently functioning in
this market more actively for acquiring the huge market share by doing more
developments in the packaging material and accomplishing the growing demand of
potential buyers includes Meiji Holdings Co Ltd, Megmilk Snow Brand Co. Ltd., Rokko
Butter co. Ltd, Morinaga Milk, Yakult Honsha, The Kraft Heinz Co, Danone Group,
Yotsuba Milk Products Co. Ltd. And several others. For instance, 'Meiji Holdings
Co Ltd', 'Megmilk Snow Brand Co., Ltd.' and 'Rokko Butter co. Ltd' are the
important market players in the Japanese dairy & soy food sector.
In the recent trend,
the population has become more health conscious and purchase the dairy and soy
food by analysis other related product’s price, quality, quantity and several
others. Whereas, the market of Japan with the dairy and soy food is acquiring
the fastest attention as in the present era the citizenry of the country is
become more health conscious. Moreover, increase in disposable income and
transformation in the lifestyle are the two major key factor which drive the
market growth more significantly in Japan during the forecasted period. Not
only has this, the key retailers of dairy and soy food products is introducing
the e-commerce platform for registering the huge market share by serving huge
variety of products. For instance, the producer of these products are playing
significant role by doing more effective advancements in the products as some
of the people is having allergy with the such items. The rising requirement of
such items from the numerous sectors of the region will lead the market growth
more actively in the forecasted period and will result in the competitive
nature which is beneficial for the investors and new entrants.
The Japanese dairy and
soy food segment is led by the cheese category in value terms, while the yogurt
category is anticipated to account the highest value growth in the 2017-2022.
Whereas, in this market there are various products which are having high demand
and dominate the handsome amount of share after the cheese and yogurt category
includes butter & spreadable fats, dairy-based & soy-based desserts,
drinkable yogurt, fromage frais & quark, milk, and soymilk & soy
drinks. In addition, the key players and retailer is supplying their product
with the help of various distribution channels which includes cash &
carries and warehouse clubs, food & drinks specialists, hypermarkets &
supermarkets, convenience stores, dollar stores, variety stores & general
merchandise retailers, eRetailers and others. Meanwhile, the hypermarkets and
supermarkets is leading channel for supplying of dairy and soy food items in
the country.
Additionally, the key
players are doing attractive packaging for increasing the demand of these
products which the good quality packaging material such as flexible packaging,
paper & board, rigid metal, rigid plastics, and glass. For instance, rigid
plastics is the most commonly used pack material in the sector followed by
'paper & board'. Furthermore, it is expected that in the coming years the
Japanese market of dairy and soy food market will grow more actively over the
decades.
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