The market is dominated by domestic suppliers, as imports account for 18.5% of total market size in 2024. B2B drives market demand, with B2B spending representing 90.9% of total demand in 2024. Japan has the fifth largest market size for sugar regionally, with demand reaching USD5.4 billion in 2024. Mitsui Sugar Co Ltd is the largest company in Japan, generating 32.6% of the industry’s total production value in 2024. The industry is concentrated, with the top five companies generating 84.7% of total production value in 2024. The total number of companies increases in 2024, to 199 units. The costs of the industry increase by 1.3% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 21.6% of production value in 2024, the second highest regionally. With production value of USD3.4 billion, Japan accounts for 4.8% of the Asia Pacific total in 2024.
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This Euromonitor industrial report provides unique information on Sugar in Japan: ISIC 1542. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sugar in Japan: ISIC 1542 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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