The Market value (retail sales value) of Chocolate Industry in Japan attained a value of USD 3,979.51 Millions in 2020
The Industry recorded a historical growth (CAGR) of 4.44% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
Chocolate was the largest category of Japan’s confectionery sector in terms of market value. Within the Asia-Pacific region, Japan was projected as one of the high potential countries due to its large confectionery sector size and rising per capita value growth levels.
Health remains a major concerning factor for consumers in Japan when making purchase decisions. To cater to these health-conscious consumers, manufacturers are introducing products formulated with healthy ingredients.
Meiji Holdings Co Ltd, Lotte Co. Ltd., Ezaki Glico co. Ltd, Morinaga & Co., Ltd., and Nestle were the top five leading chocolate companies.
Meiji, Lotte, Nestle, Morinaga, and Gaba were the top brands in Japan’s chocolate market in 2020. The brands cumulatively held more than one-third of the market share of the chocolate industry in Japan.
Chocolate includes boxed chocolates, molded chocolate bars, chocolate-covered bars whether in single bars or bite-sized versions sold in multipacks, seasonal novelties, and local specialties. Chocolate Includes milk chocolate and excludes cooking chocolate.
Meiji Holdings Co Ltd is the leading company in Japan’s chocolate industry in 2020.
Meiji Holdings Co Ltd was the largest company in the chocolate industry in Japan by total market value. Milk Chocolate, Galbo, and Almond Chocolate are the leading brands of Meiji Holdings Co Ltd.
Lotte Co. Ltd. ranked as the second-largest company in Japan’s chocolate market in 2020.
Lotte Co. Ltd. was the second-largest company in the chocolate market in Japan. Lotte and Zero were the top brands of Lotte Co. Ltd. Sub-brands of Lotte include Crunky and Ghana while Zero has sub-brands such as Impact and Zero.
Ezaki Glico co. Ltd stood as the third-largest company in terms of the highest market value in Japan’s chocolate industry.
Ezaki Glico co. Ltd Ltd was the third largest company in the chocolate market in Japan. Gaba, Glico, and Pakitz were among the major brands of the company.
Market Fragmentation: Top five brands cumulatively held more than half of the market share of the chocolate industry in Japan in 2020.
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