Japan Food Additives Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 3.73 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Japan Food Additives Market Analysis
Japan food additives market is anticipated to witness a CAGR of 5.73% over the forecast period (2020 - 2025).
- The country offers a variety of functional ingredients controlled by their Food for Specified Health Use (FOSHU) regulatory requirements approved by the Ministry of Health and Welfare.
- The country is industrially rich and hence, provides a good opportunity for the ingredient manufacturers to offer their products to the freshly blooming local industries and establish a strong consumer base in the local market.
- Japanese food has been influenced by North American and European styles in recent years which promotes the additives market. However, the Japanese still protect fine food culture, which includes the concept of healthiness, thus, regulating the market of natural ingredients over artificial ones.
Japan Food Additives Market Trends
This section covers the major market trends shaping the Japan Food Additives Market according to our research experts:
RTE Food Sector is Expected to Foster Market Growth
Japanese food companies are skillful in developing new products even in the face of economic depression. The new products fad today is leaning towards healthy foods involving functional products such as prepared foods. Japan is the third-largest market in the world for food ingredients and additives in prepared foods. Ready-to-eat meals are very popular in Japan, the concept of which originated in the United States, and were then tailored to Japanese tastes and lifestyles. The new products being developed represent a progressively growing market segment, increasing because of high demand on the part of working women who need to save time. The price of the condiment umami is soaring with the increased demand for instant-noodle products, which is still rapidly improving. The acidulants market has decreased mainly due to a shift in the Japanese soft-drinks market to tea-based soft drinks
Colouring Agents Carry a Good Potential in the Japanese Market
Japan has been witnessing a boom in the processed foods in recent time. The trend of industrial production with food additives made highly processed food possible and supermarkets continue to sell these items in large quantities. But the present demand is to replace artificial colors with natural colors as demanded by consumers. The taste for Korean-type pickles and ethnic-flavored products such as seasoning and sauces is increasing. Food companies have capitalized on this to change the colors used in these products from the artificial colors to those obtained from natural sources for which specific government approval is not required. Furthermore, some natural colors have additional beneficial functionalities like the carotenoids and are, therefore, used extensively in the Japanese food industry.
Japan Food Additives Industry Overview
The Japanese Food Additives Market is fragmented with the presence of several global as well as domestic players. The major opportunity for the players to grab the market is by launching innovative solutions to cater to the inflated demand for vegan-compatible and natural food additives. The versatility and the cost of additives also play a major role in laying a heavy brand foundation. The global players have a strong hand due to their brand image and are, therefore, indulging in mergers, acquisitions, and partnerships with the local food industries to capture the country market. Moreover, rapid industrialization is also leading to the setup of many new industries that further promote the market.
Japan Food Additives Market Leaders
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Cargill Incorporated
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DuPont de Nemours, Inc.
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Tate & Lyle PLC
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Archer Daniels Midland Company
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BASF SE
*Disclaimer: Major Players sorted in no particular order
Japan Food Additives Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Deliverables and Study Assumptions
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Drivers
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4.2 Market Restraints
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4.3 Porter's Five Forces Analysis
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4.3.1 Threat of New Entrants
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4.3.2 Bargaining Power of Buyers/Consumers
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4.3.3 Bargaining Power of Suppliers
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4.3.4 Threat of Substitute Products
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4.3.5 Intensity of Competitive Rivalry
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5. MARKET SEGMENTATION
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5.1 By Type
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5.1.1 Preservatives
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5.1.2 Sweeteners
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5.1.3 Emulsifiers
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5.1.4 Food Flavors and Colorants
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5.1.5 Others
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5.2 By Application
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5.2.1 Beverages
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5.2.2 Bakery
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5.2.3 Meat and Meat Products
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5.2.4 Dairy Products
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5.2.5 Others
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6. COMPETITIVE LANDSCAPE
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6.1 Most Adopted Strategies
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6.2 Market Position Analysis
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6.3 Company Profiles
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6.3.1 Cargill Incorporated
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6.3.2 DuPont de Nemours, Inc.
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6.3.3 Tate & Lyle PLC
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6.3.4 Archer Daniels Midland Company
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6.3.5 Kerry Group plc
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6.3.6 Givaudan
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6.3.7 Associated British Foods plc
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6.3.8 BASF SE
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7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Japan Food Additives Industry Segmentation
Japan food additives market offers a wide range of products including preservatives, sweeteners, emulsifiers, food flavors and colorants, and acidulants applicable to beverages, bakery, meat and meat products, dairy products, and other industries.
By Type | |
Preservatives | |
Sweeteners | |
Emulsifiers | |
Food Flavors and Colorants | |
Others |
By Application | |
Beverages | |
Bakery | |
Meat and Meat Products | |
Dairy Products | |
Others |
Japan Food Additives Market Research FAQs
What is the current Japan Food Additives Market size?
The Japan Food Additives Market is projected to register a CAGR of 3.73% during the forecast period (2024-2029)
Who are the key players in Japan Food Additives Market?
Cargill Incorporated, DuPont de Nemours, Inc., Tate & Lyle PLC, Archer Daniels Midland Company and BASF SE are the major companies operating in the Japan Food Additives Market.
What years does this Japan Food Additives Market cover?
The report covers the Japan Food Additives Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Japan Food Additives Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Japan Food Additives Industry Report
Statistics for the 2024 Japan Food Additives - market share, size and revenue growth rate, created by ÌÇÐÄvlog´«Ã½â„¢ Industry Reports. Japan Food Additives - analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.