The market is dominated by domestic suppliers, as imports account for 7.7% of total market size in 2024. Households drive market demand, with household spending representing 91.9% of total demand in 2024. Japan has the second largest market size for bakery products regionally, with demand reaching USD37.1 billion in 2024. Yamazaki Baking Co Ltd is the largest company in Japan, generating 20.2% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 39.9% of total production value in 2024. The total number of companies decreases in 2024, to 17,357 units. The costs of the industry decrease by 3.1% in 2024, largely driven by declining B2B costs. The industry’s profitability increases and stands at 15.4% of production value in 2024, the ninth highest regionally. With production value of USD24.3 billion, Japan accounts for 23.2% of the Asia Pacific total in 2024.
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This Euromonitor industrial report provides unique information on Bakery Products in Japan: ISIC 1541. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Bakery Products in Japan: ISIC 1541 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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