The market is dominated by domestic suppliers, as imports account for 10.9% of total market size in 2024. Households drive market demand, with household spending representing 62.9% of total demand in 2024. Japan has the third largest market size for dairy products regionally, with demand reaching USD26.8 billion in 2024. Meiji Holdings Co Ltd is the largest company in Japan, generating 29.6% of the industry’s total production value in 2024. The industry is concentrated, with the top five companies generating 83.4% of total production value in 2024. The total number of companies increases in 2024, to 727 units. The costs of the industry decrease by 5.6% in 2024, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 9.3% of production value in 2024, the 12th highest regionally. The industry’s exports share decreases in 2024 to 0.7% of total production output. With production value of USD17.4 billion, Japan accounts for 11.3% of the Asia Pacific total in 2024.
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This Euromonitor industrial report provides unique information on Dairy Products in Japan: ISIC 152. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Dairy Products in Japan: ISIC 152 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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