The Market value (retail sales value) of Meat Industry in Japan attained a value of USD 32,830.00 Millions in 2020
The Industry recorded a historical growth (CAGR) of 3.31% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
Japan’s meat market has been steadily growing since 2017 and has reported a single-digit YoY growth in 2020.
Itoham Foods Inc., NH Foods Ltd., and Nichirei were the top three largest players in the meat market in 2020. The top three players cumulatively held more than one-third of Japan’s meat market share by value.
Ito Ham, Nipponham, and Nichireiwere were the top three leading brands in Japan’s meat market. The top three brands held a significant market share of Japan’s meat market in 2020.
Meat includes different categories such as ambient meat, chilled raw packaged meat, cooked meat, fresh meat, and frozen meat.
Itoham Foods Inc. leads the way in Japan’s meat market in 2020
Itoham Foods Inc. was the leading company in the meat market (by value) in Japan in 2020. Ito Ham was the sole leading brand of Itoham Foods Inc. The company reported a single-digit YoY growth in 2020.
NH Foods Ltd. ranked second in Japan’s meat market
NH Foods Ltd held the second-largest share (by value) in the meat market in Japan in 2020. Nipponham and Nippon were the leading brands of NH Foods Ltd. The company reported a single-digit YoY growth in 2020.
The other leading market positions were held by Nichirei Ltd. and Tyson Foods, Inc.
Nichirei Ltd. and Tyson Foods, Inc. held the third and fourth-largest market share (by value) in Japan’s meat market.
Nichirei was the top leading brand under Nichirei Ltd to capture a major market presence in Japan’s meat market.
Market Fragmentation: Top two players have accounted for around one-third of Japan’s meat market (by value) in 2020
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