Japan pet food market, impact of COVID-19, by animal type, companies, forecast by 2027 – Renub Research

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“According to our analysis, the Japanese pet food market is expected to grow at a CAGR of 3.06% from 2020 to 2027.”

The Japanese pet food market is expected to reach $ 4.2 billion by 2027. Forecast, impact of COVID-19, industry trends, by animal type, growth, opportunity business analysis .

In recent years, Japan has faced rapid demographic changes such as a declining birth rate, a growing aging population, urbanization, the trend towards a nuclear family, the increase in one-person households and households without children. All of these factors have led to an increase in pet adoptions in Japan. The most popular pets among the Japanese population include dogs and cats. The pet food market in Japan has matured and growth has remained stagnant since the historic period. According to this research report, Japanese pet food market was 3.4 billion US dollars in 2020.

While the number of dogs during the historical period has declined, the number of cats has increased, surpassing the number of dogs as pets in Japan. In addition, the growth of the Japanese pet food market is mainly driven by strong sales in the cat and dog pet food categories. Other trends worth highlighting are that dry food is conventional in Japan, while wet food is also gaining momentum in pet food for cats and dogs. According to projections by Renub Research, the size of the Japanese pet food market is expected to reach 4.2 billion US dollars through 2027.

Request a free copy of the report: https://www.renub.com/request-sample-page.php?gturl=japan-pet-food-market-p.php

Recent launch

In Japan, April 2021 launched AllWell cat food products. The recipes feature a patented formula that claims to be the world’s first “dietary fiber blending technology” to reduce the regurgitation of meals. The brand claims that reducing regurgitation ensures cats are able to absorb all of the nutrients found in cat food, thus preventing malnutrition.

The UnicharmAllWell range is available in variations suitable for different ages, lifestyles and functional needs. The prevention of regurgitation and the consequent loss of vital nutrients could be of great interest to cat owners concerned with the physical well-being and resilience of their cats.

In addition, along with growing concerns about pet food safety, “Made in Japan” products are gaining favor with customers. In contrast, imported pet food is subject to animal quarantine and must comply with pet food safety laws. According to our analysis, the Japanese pet food market is expected to grow at a 3.06% CAGR of 2020 to 2027.

Additionally, the most popular pet food distribution channel includes in-store retail, out-of-store retail (online), and non-retail (veterinary clinics) channels. The most popular distribution channel for pet food products in Japan is in-store retail, specializing in food or pet products. In-store retailing is chosen by customers because these stores offer a wide variety of products under one roof. However, e-commerce has become an increasingly popular preference among busy Millennials. In addition, COVID-19 also increased the market segment among all distribution channels as the country’s markets were closed and consumers were dealing in the online shopping channel.

In addition, the Japanese pet food market is very competitive with fierce price competition. The price war pushes manufacturers to come up with different and advanced pet foods. The major players in the Japanese pet food market are Mars Incorporated, Nestlé Purina Pet Food, Royal Canin, and Hill’s Pet Nutrition. Indeed, the development of new products, mergers and acquisitions of small innovative product lines established by companies are the most adopted strategies in the market.

Impact of COVID-19 on the Japanese pet food market:

The pet food industry amid the Covid-19 pandemic has had a negative impact on the market due to the postponement of manufacturing, processing and packaging movements of companies associated with the pet food market. This appeared in the limited availability of the products, thus hampering the early pet food market. 2021.

However, the main driver of the market is the humanization of companion animals, in which human attributes are attributed to pets and are treated the same. This trend will result in an increased focus on the health, nutrition, weight and general well-being of pets during the forecast period. In addition, the trend is expected to force manufacturers to produce high quality food with an eye on natural and organic content.

Renub search last report “Japan Pet Food Market, By Animal Type (Dog Food, Cat Food, and Other Pet Food), Dog Food (Dry Dog Food, Wet Dog Food, and Other Dog Food) ), Cat Food (Dry Cat Food, Wet Cat Food and Other Cat Food), Distribution Channels Dog Food Market (in-store retail, non-store retail (online) and non-commerce channels ( veterinary clinics)), distribution channels Cat food market (in-store retail, excluding retail (online) and other channels (veterinary clinics)), companies (Mars Incorporated, Nestlé Purina Pet Food, Royal Canin , Hill’s Pet Nutrition and Unicharm) ” provides a detailed analysis of the Japanese pet food industry.

Follow the link for the full report with detailed table of contents and list of figures and tables: https://www.renub.com/japan-pet-food-market-p.php

Animal Type – The pet food market has been covered from 3 perspectives:

1. Dog food
2. Cat food
3. Other pet foods

Dog Pet Food has been sub-segmented from 3 points of view:

1. Dry dog ​​food
2. Wet dog food
3. Other dog foods

Cat Pet Food has been sub-segmented from 3 points of view:

1. Dry cat food
2. Wet cat food
3. Other cat foods

Distribution channels – The dog food market has been further segmented according to 3 points of view:

1. Retail in-store
2. Non-store retail (online)
3. Non-commercial channels (veterinary clinics)

Distribution channels – The cat food market was further segmented according to 3 points of view:

1. Retail in-store
2. Non-store retail (online)
3. Non-commercial channels (veterinary clinics)

Company overview:

• Overview
• Recent development

Covered business:

1. Mars incorporated
2. Nestlé Purina pet food
3. Royal Canin
4. Hill’s Pet Nutrition
5. Unicharme

Industry related reports:

French pet food market: https://www.renub.com/france-pet-food-market-p.php

US Pet Food Market: https://www.renub.com/united-states-pet-food-market-p.php

About the company:

Renub Research is a market research and consulting company. We have over 10 years of experience, particularly in international business-to-business research, surveys and advice. We offer a wide range of business research solutions that help businesses make better business decisions. We partner with clients across industries and regions to identify their most exciting opportunities, address their most critical challenges and transform their businesses. Our large customer base includes major players in the fields of health, travel and tourism, food and beverage, energy and energy, information technology, telecommunications and telecommunications. ‘Internet, chemicals, logistics and automotive, consumer and retail goods, building and construction and agriculture. Our clients rely on our market analysis and data to make informed decisions. We are considered to be one of the best knowledge providers. Our insightful analysis helps consultants, bankers and executives make informed and correct decisions.

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