The market is dominated by domestic suppliers, as imports account for 7.3% of total market size in 2022. Households drive market demand, with household spending representing 90.5% of total demand in 2022. Japan has the second largest market size for bakery products regionally, with demand reaching USD38.6 billion in 2022. Yamazaki Baking Co Ltd is the largest company in Japan, generating 19.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 37.4% of total production value in 2022. The total number of companies decreases in 2022, to 26,188 units. The costs of the industry decrease by 18.6% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 17.6% of production value in 2022, the sixth highest regionally. The industry’s exports share increases in 2022 to 0.6% of total production output. With production value of USD25.5 billion, Japan accounts for 23.4% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Bakery Products in Japan: ISIC 1541. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Bakery Products in Japan: ISIC 1541 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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