Market Forecast By Form (Fresh, Processed), By Type (Leg/Ham, Loin of Pork, Belly/Side of Pork/Bacon, Ribs, Shoulder/Boston Butt, Picnic Shoulder/ Hand, Others), By End Users (Food Processing Industry, Food Service Providers, Household/ Retail), By Distribution Channel (B2B Direct, Hypermarkets/ Supermarkets, Convenience Stores, Specialty Stores, Butcher Shop/ Wets, Online Retailing) And Competitive Landscape
Product Code: ETC407418 | Publication Date: Oct 2022 | Updated Date: Apr 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 77 | No. of Figures: 15 | No. of Tables: 8 | |
The Japan hog production and pork market has experienced substantial growth recently, driven by a simultaneous increase in the number of restaurants and quick-service restaurants (QSRs), coupled with increased consumer spending, especially after COVID-19. Moreover, pork is 10%-15% more affordable and preferred meat in Japan compared to beef, chicken, lamb, and others. In 2020, pork was the most consumed meat in households, accounting for about 54% of the total meat consumption. This is owing to the pervasive non-vegetarian diet in Japan, where pork serves as a staple meal, contributing to significant growth in the Japan hog production and pork industry.
According to 6Wresearch, Japan Hog Production and Pork Market is projected to grow at a CAGR of 2.8% during 2024-2030. The Japan hog production and pork market is expected to flourish in the forecast period attributed increasing number of quick service restaurants coupled with increased consumer spending in restaurants and QSRs, which is likely to increase demand and sales of pork in the country. For instance, restaurant and fast-food sales in Japan increased by 13.3% and 7.9% respectively in 2022 as compared to 2021 and the same trend is likely to continue during the forecast period. Moreover, by 2026, 18,000 new hotel rooms are likely to be added owing to influx of tourists which is likely to contribute to the expansion of the Japanese pork market. Additionally, upcoming food trade exhibitions such as BioFach Japan and IFIA Japan in 2024 are poised to play a significant role in boosting pork demand in the Japanese market.
Fresh pork holds a dominant position in the Japanese market owing to its cultural significance, cooking versatility, and perceived freshness, commonly used in home cooking and traditional Japanese dishes. However, processed pork products are gaining traction, especially in convenience stores, quick-service restaurants, and ready-to-eat meal options where convenience and portability are valued by consumers.
Belly/Side of Pork/Bacon is likely to dominate the Japan Pork market during the forecast period on the back of preference towards fatty cuts in their tradition which is present in pork belly. Furthermore, Leg/Ham is likely to gain traction in the near future owing to health consciousness coupled with a varied range of processed ham products.
In Japan's hog production, household/retail stand as the foremost end users, driving substantial demand for pork products deeply ingrained in the nation's cuisine. Retailers serve as pivotal distribution channels, making pork accessible and influencing consumer choices. Following suit is the food service sector, underscoring the popularity of pork in restaurant menus.
During the forecast period, Hypermarkets/Supermarkets is likely to uphold its dominance in the distribution of pork and its products in Japan owing to consumer preferences, given the widespread availability of supermarkets and hypermarkets in Japan. These establishments provide a one-stop shopping experience, offering a diverse range of fresh products from various brands under one roof, facilitating price comparison and access to attractive discounts, further solidifying the preference for Hypermarkets/Supermarkets in the distribution of pork products.
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1 Report Description |
2.2 Key Highlights of the Report |
2.3 Market Scope and Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3. Japan Hog Production and Pork Market Overview |
3.1 Japan Hog Production and Pork Market Revenues (2020-2030F) |
3.2 Japan Hog Production and Pork Market Industry Life Cycle |
3.3 Japan Hog Production and Pork Market Porter Five Forces |
4. Japan Hog Production and Pork Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5. Japan Hog Production and Pork Market Trends & Evolution |
6. Japan Hog Production and Pork Market Overview, By Form |
6.1 Japan Hog Production and Pork Market Revenue Share and Revenues, By Form (2020-2030F) |
6.1.1 Japan Hog Production and Pork Market Revenues, By Fresh (2020-2030F) |
6.1.2 Japan Hog Production and Pork Market Revenues, By Processed (2020-2030F) |
7. Japan Hog Production and Pork Market Overview, By Type |
7.1 Japan Hog Production and Pork Market Revenue Share, By Type 2020 & 2030F |
7.2 Japan Hog Production and Pork Market Revenues, By Type (2020-2030F) |
7.2.1 Japan Hog Production and Pork Market Revenues, By Leg/Ham (2020-2030F) |
7.2.2 Japan Hog Production and Pork Market Revenues, By Loin of Pork (2020-2030F) |
7.2.3 Japan Hog Production and Pork Market Revenues, By Belly/Side Of Pork/Bacon (2020-2030F) |
7.2.4 Japan Hog Production and Pork Market Revenues, By Ribs (2020-2030F) |
7.2.5 Japan Hog Production and Pork Market Revenues, By Shoulder/Boston Butt (2020-2030F) |
7.2.6 Japan Hog Production and Pork Market Revenues, By Picnic Shoulder/ Hand (2020-2030F) |
7.2.7 Japan Hog Production and Pork Market Revenues, By Others (2020-2030F) |
8. Japan Hog Production and Pork Market Overview, By End Users |
8.1 Japan Hog Production and Pork Market Revenue Share and Revenues, By End Users (2020-2030F) |
8.1.1 Japan Hog Production and Pork Market Revenues, By Food Processing Industry (2020-2030F) |
8.1.2 Japan Hog Production and Pork Market Revenues, By Food Service Providers (2020-2030F) |
8.1.3 Japan Hog Production and Pork Market Revenues, By Household/ Retail (2020-2030F) |
9. Japan Hog Production and Pork Market Overview, By Distribution Channel |
9.1 Japan Hog Production and Pork Market Revenue Share, By Distribution Channel 2020 & 2030F |
9.2 Japan Hog Production and Pork Market Revenues, By Distribution Channel (2020-2030F) |
9.2.1 Japan Hog Production and Pork Market Revenues, By B2B Direct (2020-2030F) |
9.2.2 Japan Hog Production and Pork Market Revenues, By Hypermarkets/ Supermarkets (2020-2030F) |
9.2.3 Japan Hog Production and Pork Market Revenues, By Convenience Stores (2020-2030F) |
9.2.4 Japan Hog Production and Pork Market Revenues, By Specialty Stores (2020-2030F) |
9.2.5 Japan Hog Production and Pork Market Revenues, By Butcher Shop/ Wets (2020-2030F) |
9.2.6 Japan Hog Production and Pork Market Revenues, By Online Retailing (2020-2030F) |
10. Japan Hog Production and Pork Market Key Performance Indicators |
11. Japan Hog Production and Pork Market Opportunity Assessment |
11.1 Japan Hog Production and Pork Market Opportunity Assessment, By Form (2030F) |
11.2 Japan Hog Production and Pork Market Opportunity Assessment, By Types (2030F) |
11.3 Japan Hog Production and Pork Market Opportunity Assessment, By End User (2030F) |
11.4 Japan Hog Production and Pork Market Opportunity Assessment, By Distribution Channel (2030F) |
12. Japan Hog Production and Pork Market Competitive Benchmarking |
12.1 Japan Hog Production and Pork Market Revenue Rankings (2023), By Top 3 Companies |
12.2 Japan Hog Production and Pork Market Competitive Benchmarking, By Technical Parameters |
12.3 Japan Hog Production and Pork Market Competitive Benchmarking, By Operating Parameters |
13. Company Profiles |
13.1 HyLife Pork Japan Co., Ltd. |
13.2 Sumisho Foods Co., Ltd. |
13.3 Atom Food International (SG) Pte. Ltd. |
13.4 Heritage Pork International Inc. |
13.5 Tyson Foods, Inc. |
13.6 Smithfield Foods, Inc. |
13.7 Nippon Ham Co., Ltd. |
13.8 Mitsubishi Corporation |
13.9 Starzen Co., Ltd. |
13.10 Global Pig Farms, Inc. |
13.11 S Foods Inc. |
13.12 Kyodo Farm Ltd. |
14. Key Strategic Recommendations |
15. Disclaimer |
List of Figures |
1. Japan Hog Production and Pork Market Revenues, 2020-2030F ($ Million) |
2. Percentage of restaurants in top 4 cities in restaurant industry in Japan, 2023 (In %) |
3. Percentage of Top 5 Visitors countries in Japan, 2023 |
4. Average Annual Exchange Value, (JP Yen per US$) |
5. Top 5 Pork Importing countries in Japan, (In %) |
6. Japan Hog Production and Pork Market Revenue Share, By Form, 2023 & 2030F |
7. Japan Hog Production and Pork Market Revenue Share, By Type, 2023 & 2030F |
8. Japan Hog Production and Pork Market Revenue Share, By End Users, 2023 & 2030F |
9. Japan Hog Production and Pork Market Revenue Share, By Distribution Channel, 2023 & 2030F |
10.Japan Food Service Market, 2022- 2030F, ($ Billion) |
11. Japan Hog Production and Pork Market Opportunity Assessment, By Form, 2030F ($ Million) |
12. Japan Hog Production and Pork Market Opportunity Assessment, By Type, 2030F ($ Million) |
13. Japan Hog Production and Pork Market Opportunity Assessment, By End Users, 2030F ($ Million) |
14. Japan Hog Production and Pork Market Opportunity Assessment, By Distribution Channel, 2030F ($ Million) |
15. Japan Hog Production and Pork Market Revenue Ranking, By Companies, 2023 |
List of Tables |
1. List of Upcoming Hotels in Japan |
2. Japan Hog Production and Pork Market Revenues, By Form, 2020-2030F ($ Million) |
3. Japan Hog Production and Pork Market Revenues, By Type, 2020-2030F ($ Million) |
4. Japan Hog Production and Pork Market Revenues, By End Users, 2020-2030F ($ Million) |
5. Japan Hog Production and Pork Market Revenues, By Distribution Channel, 2020-2030F ($ Million) |
6. Key developments in the Japan Food Service Industry |
7. Production Value of Japanese Food Processing Industry, 2020-2023E, ($Billion) |
8. Major Industry players in Food Processing in Japan |