The Japan hog production and pork market has experienced substantial growth recently, driven by a simultaneous increase in the number of restaurants and quick-service restaurants (QSRs), coupled with increased consumer spending, especially after COVID-19. Moreover, pork is 10%-15% more affordable and preferred meat in Japan compared to beef, chicken, lamb, and others.
In 2020, pork was the most consumed meat in households, accounting for about 54% of the total meat consumption. This is owing to the pervasive non-vegetarian diet in Japan, where pork serves as a staple meal, contributing to significant growth in the Japan hog production and pork industry.
According to the research, Japan Hog Production and Pork Market is projected to grow at a CAGR of 2.8% during 2024-2030. The Japan hog production and pork market is expected to flourish in the forecast period attributed increasing number of quick service restaurants coupled with increased consumer spending in restaurants and QSRs, which is likely to increase demand and sales of pork in the country.
For instance, restaurant and fast-food sales in Japan increased by 13.3% and 7.9% respectively in 2022 as compared to 2021 and the same trend is likely to continue during the forecast period. Moreover, by 2026, 18,000 new hotel rooms are likely to be added owing to influx of tourists which is likely to contribute to the expansion of the Japanese pork market. Additionally, upcoming food trade exhibitions such as BioFach Japan and IFIA Japan in 2024 are poised to play a significant role in boosting pork demand in the Japanese market.
Market Segmentation by Form
Fresh pork holds a dominant position in the Japanese market owing to its cultural significance, cooking versatility, and perceived freshness, commonly used in home cooking and traditional Japanese dishes. However, processed pork products are gaining traction, especially in convenience stores, quick-service restaurants, and ready-to-eat meal options where convenience and portability are valued by consumers.
Market Segmentation by Type
Belly/Side of Pork/Bacon is likely to dominate the Japan Pork market during the forecast period on the back of preference towards fatty cuts in their tradition which is present in pork belly. Furthermore, Leg/Ham is likely to gain traction in the near future owing to health consciousness coupled with a varied range of processed ham products.
Market Segmentation by End Users
In Japan's hog production, household/retail stand as the foremost end users, driving substantial demand for pork products deeply ingrained in the nation's cuisine. Retailers serve as pivotal distribution channels, making pork accessible and influencing consumer choices. Following suit is the food service sector, underscoring the popularity of pork in restaurant menus.
Market Segmentation by Distribution Channel
During the forecast period, Hypermarkets/Supermarkets is likely to uphold its dominance in the distribution of pork and its products in Japan owing to consumer preferences, given the widespread availability of supermarkets and hypermarkets in Japan. These establishments provide a one-stop shopping experience, offering a diverse range of fresh products from various brands under one roof, facilitating price comparison and access to attractive discounts, further solidifying the preference for Hypermarkets/Supermarkets in the distribution of pork products.
Key Attractiveness of the Report
- 10 Years of Market Numbers.
- Historical Data Starting from 2020 to 2023.
- Base Year: 2023
- Forecast Data until 2030.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
- Key Highlights of the Report
- Japan Hog Production and Pork Market Overview
- Japan Hog Production and Pork Market Outlook
- Japan Hog Production and Pork Market Forecast
- Japan Hog Production and Pork Market Porter’s Five Forces Analysis
- Japan Hog Production and Pork Market Industry Life Cycle Analysis
- Historical Data and Forecast of Japan Hog Production and Pork Market Revenues, for the Period 2020-2030F
- Market Drivers and Restraints
- Historical Data and Forecast of Japan Hog Production and Pork Market Revenues, By Form, for the Period 2020-2030F
- Historical Data and Forecast of Japan Hog Production and Pork Market Revenues, By Type, for the Period 2020-2030F
- Historical Data and Forecast of Japan Hog Production and Pork Market Revenues, By End Users, for the Period 2020-2030F
- Historical Data and Forecast of Japan Hog Production and Pork Market Revenues, By Distribution Channel, for the Period 2020-2030F
- Key Performance Indicators
- Market Opportunity Assessment
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
- Market Scope and Segmentation
The report provides a detailed analysis of the following market segments:
- By Form
- Fresh
- Processed
- By Type
- Leg/Ham
- Loin Of Pork
- Belly/Side Of Pork
- Ribs
- Shoulder/Boston Butt
- Picnic Shoulder/Hand
- Others
- By End Users
- Food Processing Industries
- Food Service Providers
- Household/Retail
- By Distribution Channel
- B2B Direct
- Hypermarkets/ Supermarkets
- Convenience Stores
- Specialty Stores
- Butcher Shop/ Wets
- Online
Table of Contents
1. Executive Summary
15. Disclaimer
Companies Mentioned
- HyLife Pork Japan Co., Ltd.
- Sumisho Foods Co., Ltd.
- Atom Food International (SG) Pte. Ltd.
- Heritage Pork International Inc.
- Tyson Foods, Inc.
- Smithfield Foods, Inc.
- Nippon Ham Co., Ltd.
- Mitsubishi Corporation
- Starzen Co., Ltd.
- Global Pig Farms, Inc.
- S Foods Inc.
- Kyodo Farm Ltd.
