The market is dominated by domestic suppliers, as imports account for 38.2% of total market size in 2022. B2B drives market demand, with B2B spending representing 83.1% of total demand in 2022. Japan has the ninth largest market size for vegetable and animal oils and fats regionally, with demand reaching USD10.8 billion in 2022. Nisshin Oillio Group Ltd is the largest company in Japan, generating 40.7% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 90.4% of total production value in 2022. The total number of companies decreases in 2022, to 265 units. The costs of the industry decrease by 19.4% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 3.4% of production value in 2022, the 19th highest regionally. The industry’s exports share increases in 2022 to 2.6% of total production output. With production value of USD5.7 billion, Japan accounts for 1.5% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Vegetable and Animal Oils and Fats in Japan: ISIC 1514. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Vegetable and Animal Oils and Fats in Japan: ISIC 1514 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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