The Market value (retail sales value) of Soft Drinks Industry in Japan attained a value of USD 52,490.15 Millions in 2020
The Industry recorded a historical decline (CAGR) of 1.42% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
Japan’s soft drinks market has been steadily growing since 2017 but reported a negative YoY growth in 2020.
Coca-Cola, Suntory Holdings, Asahi Group, Kirin Group, and Ito En were the top five largest players in the soft drinks market in 2020. The top five players held a significant market share in soft drinks market by value in Japan in 2020.
Coca-Cola, Boss, and Georgia were the top three leading brands in Japan’s soft drinks market.
Soft drinks include Artisanal Soft drinks, Impulse Soft drinks - Single Serve, and Take-home and Bulk Soft drinks.
Soft Drinks contain different types of categories such as packaged water, bulk/hod water, flavored water, enhanced water, carbonates, juice, nectars, still drinks, squash/syrups, fruit powders, iced/rtd tea drinks, iced/rtd coffee drinks, sports drinks, and energy drinks.
Coca-Cola leads the way in Japan’s soft drinks market in 2020
Coca-Cola was the leading company in the soft drinks market in Japan in 2020. Coca-Cola, Georgia, and Ayataka were the leading brands of Coca-Cola. The company reported a negative YoY growth in 2020.
Suntory Holdings ranked second in Japan’s soft drinks market
Suntory Holdings held the second-largest share (by value) in the soft drinks market in Japan in 2020. Boss, Minami Alps Tennensui, Iyemon, and Suntory were the leading brands of Suntory Holdings. The company reported a negative YoY growth in 2020.
The other leading market positions were held by Asahi Group, Kirin Group, and Ito En.
Asahi Group and Kirin Group held the third and fourth-largest market share in Japan’s soft drinks market.
Mitsuya Cider, Calpis, Wonda, and Wilkinson were the top four leading brands under Asahi Group to capture a major market presence in Japan’s soft drinks market.
Afternoon Tea, Namacha, Fire and Kirin were the major brands of Kirin Group accounting for a major share in Japan’s soft drinks market.
Market Fragmentation: Only two players accounted for more than one-tenth of Japan’s soft drinks market (by value) in 2020
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