Market Overview:
Japan animal feed market size reached 23.5 Million Tons in 2023. Looking forward, IMARC Group expects the market to reach 29.35 Million Tons by 2032, exhibiting a growth rate (CAGR) of 2.10% during 2024-2032. The rising demand for livestock products and technological advancements in production efficiency represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Size in 2023 |
23.5 Million Tons |
Market Forecast in 2032 |
29.35 Million Tons |
Market Growth Rate (2024-2032) |
2.10% |
Animal feed plays a pivotal role in contemporary livestock production, functioning as a crucial source of essential nutrients necessary for the growth, health, and productivity of animals. It encompasses a diverse array of nutritional elements, including carbohydrates, proteins, vitamins, and minerals, strategically designed to fulfill the specific dietary requirements of various animal species. The applications of animal feed span across a range of industries such as poultry, livestock, aquaculture, and pet care, contributing to the attainment of desired meat quality, increased milk production, and efficient egg-laying. The utilization of well-formulated animal feed offers numerous benefits, including accelerated animal growth rates, enhanced feed conversion efficiency, reduced susceptibility to diseases, and overall improved animal well-being. Various product variants, classified as concentrate feeds, roughage feeds, and complete feeds, cater to the specific nutritional needs of animals across different sectors.
Japan Animal Feed Market Trends:
The Japan animal feed market is intricately connected to the global dynamics of the industry, responding to factors such as the expanding global population, which amplifies the demand for livestock products and, consequently, necessitates high-quality animal nutrition. The market in Japan is further influenced by the increasing purchasing power of consumers and evolving consumption patterns. Stricter regulatory frameworks and standards governing the formulation and distribution of animal feed contribute to the market's growth in compliance with industry requirements. The agricultural sector in Japan is rapidly expanding, with easy access to a variety of feed ingredients, fostering the overall growth of the animal feed market. Additionally, technological advancements, environmental considerations, and an increasing awareness of sustainability are pivotal factors driving the expansion of the market in Japan. The regulatory landscape, characterized by stringent rules overseeing the formulation, production, and distribution of animal feed, ensures safety, quality, and adherence to compliance standards, playing a crucial role in shaping the trajectory of the animal feed market in Japan.
Japan Animal Feed Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on form, animal type, and ingredient.
Form Insights:
- Pellets
- Crumbles
- Mash
- Others
The report has provided a detailed breakup and analysis of the market based on the form. This includes pellets, crumbles, mash, and others.
Animal Type Insights:
- Swine
- Ruminants
- Calves
- Dairy Cattle
- Beef Cattle
- Others
- Poultry
- Broilers
- Layers
- Turkeys
- Others
- Aquaculture
- Carps
- Crustaceans
- Mackerel
- Milkfish
- Mollusks
- Salmon
- Others
- Others
A detailed breakup and analysis of the market based on the animal type have also been provided in the report. This includes swine (starter, finisher, and grower), ruminants (calves, dairy cattle, beef cattle, and others), poultry (broilers, layers, turkeys, and others), aquaculture (carps, crustaceans, mackerel, milkfish, mollusks, salmon, and others), and others.
Ingredient Insights:
- Cereals
- Oilseed Meal
- Molasses
- Fish Oil and Fish Meal
- Additives
- Antibiotics
- Vitamins
- Antioxidants
- Amino Acids
- Feed Enzymes
- Feed Acidifiers
- Others
- Others
The report has provided a detailed breakup and analysis of the market based on the ingredient. This includes cereals, oilseed meal, molasses, fish oil and fish meal, additives (antibiotics, vitamins, antioxidants, amino acids, feed enzymes, feed acidifiers, and others), and others.
Regional Insights:
- Kanto Region
- Kansai/Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
The report has also provided a comprehensive analysis of all the major regional markets, which include Kanto Region, Kansai/Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, and Shikoku Region.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:
- Daiwa Fine Chemicals Co. Ltd.
- Feed One Co. Ltd.
- Marubeni Nisshin Feed Co. Ltd.
- Meiji Holdings Co. Ltd.
- Nosan Corporation (Mitsubishi Corporation)
(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)
Japan Animal Feed Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
Million Tons |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Form
- Animal Type
- Ingredient
- Region
|
Forms Covered |
Pellets, Crumbles, Mash, Others |
Animal Types Covered |
- Swine: Starter, Finisher, Grower
- Ruminants: Calves, Dairy Cattle, Beef Cattle, Others
- Poultry: Broilers, Layers, Turkeys, Others
- Aquaculture: Carps, Crustaceans, Mackerel, Milkfish, Mollusks, Salmon, Others
- Others
|
Ingredients Covered |
- Cereals
- Oilseed Meal
- Molasses
- Fish Oil and Fish Meal
- Additives: Antibiotics, Vitamins, Antioxidants, Amino Acids, Feed Enzymes, Feed Acidifiers, Others
- Others
|
Regions Covered |
Kanto Region, Kansai/Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, Shikoku Region |
Companies Covered |
Daiwa Fine Chemicals Co. Ltd., Feed One Co. Ltd., Marubeni Nisshin Feed Co. Ltd., Meiji Holdings Co. Ltd., Nosan Corporation (Mitsubishi Corporation), etc. (Please note that this is only a partial list of the key players, and the complete list is provided in the report.) |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Japan animal feed market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Japan animal feed market?
- What is the breakup of the Japan animal feed market on the basis of form?
- What is the breakup of the Japan animal feed market on the basis of animal type?
- What is the breakup of the Japan animal feed market on the basis of ingredient?
- What are the various stages in the value chain of the Japan animal feed market?
- What are the key driving factors and challenges in the Japan animal feed?
- What is the structure of the Japan animal feed market and who are the key players?
- What is the degree of competition in the Japan animal feed market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Japan animal feed market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Japan animal feed market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Japan animal feed industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.