Plant-Based Dairy in Japan

In Japan, after plant-based dairy reached its peak of retail volume sales in 2020, it experienced a consistent decline, which intensified from the latter half of 2022 due to rising inflation and the consequent surge in consumer thriftiness. This trend is forecast to persist into 2024, with soy drinks, which are set to account for 83% of value sales in the overall category in 2024, significantly contributing to the overall volume decrease.

The Plant-based Dairy in Japan report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2019-2023, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market directly informs our forecasts to 2028, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

Data coverage: Market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?

• Get a detailed picture of the Plant-based Dairy market
• Pinpoint growth sectors and identify factors driving change
• Understand the competitive environment, the market’s major players and leading brands
• Use five-year forecasts to assess how the market is predicted to develop.