Japan Animal Feed Market (2024-2030) | Share, Forecast, Industry, Companies, Revenue, Growth, Value, Trends, Analysis, Outlook & Size

Topics Covered in the Japan Animal Feed Market

Japan Animal Feed Market report thoroughly covers the market by form, by species, and by type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Japan Animal Feed Market Synopsis

Japan Animal Feed Market is expected to expand in the coming years, driven by the changing dietary habits of Japanese consumers, demand for high-quality meat products, and advancements in animal husbandry practices. However, the industry still faces challenges such as supply-chain disruptions caused by natural disasters and volatility in raw materials' supply. Nevertheless, the animal feed market presents enormous opportunities, especially for product innovation and differentiation, with the growing demand for premium meat products with higher nutritional value.

According to 6Wresearch, the Japan Animal Feed Market Size is expected to grow at a CAGR of 4.1% during the forecast period of 2024-2030. The growing demand for meat in Japan is driving the Japan animal feed market growth. The demand for meat has doubled over the years and is expected to increase. Besides, the dietary habits of Japanese consumers have changed, and they are increasingly demanding high-quality meat products in their diet, pushing livestock farmers to increase their production. The advancements in animal husbandry practices and increasing animal health awareness among farmers have further influenced the Japan animal feed market growth. Despite the vast opportunities in the Japan animal feed market, the industry still faces challenges. The volatility of the supply of key raw materials, including corn, wheat, soybeans, barley, and rice, poses a major challenge in the Japan animal feed industry. Furthermore, natural disasters, including typhoons and earthquakes, often disrupt animal feed production, causing a significant supply deficit. There are several trends in the Japan animal feed market. Firstly, many livestock farmers are adopting alternative protein sources in animal feed, including insects, seaweed, and bacteria. Secondly, consumers are increasingly becoming aware of the importance of animal welfare, and they are demanding products from animals that are raised under welfare standards. As a result, animal feed manufacturers are responding by producing feeds that meet animal welfare standards. Lastly, there is a growing trend of using precision nutrition, where animal feed is customized based on individual animals' nutritional needs. The growing demand for animal feed presents an opportunity for foreign exporters of raw materials. Besides, the increasing demand for premium meat products with higher nutritional value presents an opportunity for innovation and product differentiation for animal feed manufacturers.

Government policies and schemes introduced in the Japan Animal Feed Market

Japan Ministry of Agriculture, Forestry, and Fisheries have introduced various policies and schemes to promote and incentivize animal feed manufacturing. One such policy is the “Feed Holiday Scheme,” introduced in 2014 to reduce the excess inventory of feed and increase profitability for the feed manufacturers. Under this scheme, feed manufacturers can stop output in months where sales have been lackluster, reducing the inventory held and avoiding wastage. Another significant policy introduced by the government is the “Livestock Industry Revitalization Plan,” which aims to increase the breeding productivity of cattle and other livestock.

Leading players in the Japan Animal Feed Market

Nippon Formula Feed Manufacturing Company has a significant share in the Japan Animal Feed Market, providing feed for various animal species such as cows, chickens, pigs, and domesticated pets. The company focuses on strict quality control, hygiene, and exceptional customer service. Another giant in the Japan Animal Feed Market is Marusan Industry, which specializes in the manufacturing of feed for aquatic animals such as koi and goldfish. Marusan Industry has a loyal customer base and offers an extensive range of customized feed to meet the diverse needs of its customers. Moreover, J-Oil Mills Inc. is a prominent name in the Japan Animal Feed Market known for its high-quality animal feed made from plant-based sources. The company emphasizes sustainability in its feed production process by using a variety of environmentally friendly raw materials and sources. Similarly, Zen-Noh Grain Corporation has emerged as a significant leader in the Japan Animal Feed Market, offering high-quality feed to meet the dietary requirements of different animal species.

Market Analysis by Species

According to Dhaval, Research Manager, 6Wresearch, Poultry feed is the most significant segment of the market and it is expected to dominate the Japan Animal Feed Market Share over the coming years, with chicken being the most commonly consumed meat in Japan. Ruminant feed follows closely, with dairy and beef production being crucial sectors of the market. Aqua feed is also a rapidly growing segment of the market, driven by the high demand for seafood in Japan.

Market Analysis by Type

By Type, antioxidants, probiotics, and enzymes are the fastest-growing segments. Antioxidants play a vital role in protecting animal cells and tissues from oxidative damage. Probiotics support gut health, boost the immune system, and improve nutrient digestibility. Enzymes are essential for breaking down complex nutrients in animal feed and reducing the risk of digestive disorders.

Key attractiveness of the report

• COVID-19 Impact on the Market.
• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023.
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Japan Animal Feed Market Outlook
• Market Size of Japan Animal Feed Market, 2023
• Forecast of Japan Animal Feed Market, 2030
• Historical Data and Forecast of Japan Animal Feed Revenues & Volume for the Period 2020 - 2030
• Japan Animal Feed Market Trend Evolution
• Japan Animal Feed Market Drivers and Challenges
• Japan Animal Feed Price Trends
• Japan Animal Feed Porter's Five Forces
• Japan Animal Feed Industry Life Cycle
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Form for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Pellets for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Crumbles for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Mash for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Species for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Poultry for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Ruminants for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Aqua for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Swine for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Others for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Type for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Acidifiers for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Probiotics for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Enzyme for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Antioxidants for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Antibiotics for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Vitamins for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Minerals for the Period 2020 - 2030
• Historical Data and Forecast of Japan Animal Feed Market Revenues & Volume By Others for the Period 2020 - 2030
• Japan Animal Feed Import Export Trade Statistics
• Market Opportunity Assessment By Form
• Market Opportunity Assessment By Species
• Market Opportunity Assessment By Type
• Japan Animal Feed Top Companies Market Share
• Japan Animal Feed Competitive Benchmarking By Technical and Operational Parameters
• Japan Animal Feed Company Profiles
• Japan Animal Feed Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Form

• Pellets
• Crumbles
• Mash
• Others

By Species

• Poultry
• Ruminants
• Aqua
• Swine
• Others

By Type

• Acidifiers
• Probiotics
• Enzyme
• Antioxidants
• Antibiotics
• Vitamins
• Minerals
• Others

Frequently Asked Questions About the Market Study (FAQs):