Japan Foodservice Market Assessment, Channel Dynamics, Customer Segmentation, Key Players and Forecast to 2025

“Japan Foodservice Market Assessment, Channel Dynamics, Customer Segmentation, Key Players and Forecast to 2025” published by the publisher provides extensive insight and analysis of the Japanese Foodservice market over the next five years (2020-2025) and acts as a vital point of reference for operators or suppliers.

The Japanese foodservice profit sector registered a sizable contraction in CAGR of 9.0% from 2015-2020 on account of shutdown and closure of economic activities. The Japanese government declared a state of emergency across the country since April 2020, stringent public safety and health measures were imposed, which resulted in the temporary shutdown of various businesses which negatively impacted the sector sales revenue during the review period, especially in 2020. The foodservice sector in Japan accounts for five percent of total employment, thus the closure of restaurants substantially impacted consumer’s household consumption during 2020. However, take-away and drive-thru helped in mitigating the losses incurred during the review period.

The report includes - - Overview of Japan's macro-economic landscape: Detailed analysis of current macro-economic factors and their impact on Japan's foodservice market including GDP per capita, consumer price index, population growth and annual household income distribution. - Growth dynamics: In-depth data and forecasts of key channels (QSR, FSR, Coffee & Tea Shop, and Pub, Club & Bar) within Japan's foodservice market, including the value of the market, number of transactions, number of outlets and average transaction price. - Customer segmentation: identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the Japanese population.- Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.

Scope

• FSR was the largest channel in the Japan's foodservice profit sector by revenue, representing 33.5% of total sector revenue in 2020. QSR and pub, club & bar were among other prominent channels, with market shares of 16.3% and 15.2% respectively. FSR channel topped the sales charts owing to its higher average transaction value, although it was not the largest channel in terms of number of transactions and number of outlets.
• In the FSR channel, the number of transactions declined by 7.2% during 2015-2020 as consumers refrained from frequently visiting these outlets and instead, they preferred home consumption. As a result, mobile applications and social media started playing a more important role in promotions and sales of food and beverages.
• The value sales in the second-largest channel, QSR declined at a CAGR of 1.0% during 2015-2020, as the channel managed to register an increase in the number of transactions amid the pandemic. Home deliveries and take-aways are projected to grow in the QSR channel owing to the rising demand for convenience, however the growth in dine-in occasions will outpace take-away growth during 2020-2025.

Reasons to Buy

• Specific forecasts of the foodservice market over the next five years (2020-2025) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
• Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea shop, and Pub, Club & Bar) will allow readers understand the wants and needs of their target demographics.