Market by Type and Distribution Channel | Forecast 2023-2028
Triton Market Research estimates the market for
edible oil in Japan to progress with a CAGR
of 1.98% based on revenue and 1.81% based on volume over the forecast
period 2023-2028. It is estimated to gather $XX million in value and XX million liters in
volume by 2028.
Edible oil, commonly known as cooking oil,
consists of triglycerides that are made of three fatty acids and one glycerol
unit. These oils, obtained from plants, animals, or microorganisms, are
considered suitable for consumption at room temperature. Olive oil, palm oil,
soybean oil, canola oil, and sunflower oil are commonly used to enhance food
flavor.
Edible oils act as an intensive source of energy
that delivers essential nutrients to the body, including vitamins A and D.
Moreover, they function as a heat transfer medium at high temperatures, such as
frying. They also enhance taste sensation in spreads and salad dressings,
adding flavor and texture to various foods. The Ministry of Health, Labor and
Welfare (MHLW) oversees Japan’s edible oil manufacturing, packaging, and
dispersal.
As Japanese consumers become more health
conscious, it is anticipated that they will switch to olive oil. Due to its
relatively lower cost and numerous health advantages, including lower LDL
cholesterol, rice oil has also gained prominence in the country. Besides,
the Japanese food sector is expanding, which will significantly augment edible
oil sales. Thus, the aforementioned elements will support Japan’s edible oil
market expansion.
Due to customers’ generally low brand loyalty,
the price of edible oils will continue to be the primary determining factor in
purchasing decisions. Additionally, key players, including J-Oil Mills
and Nisshin Oillio, hiked the prices of their products in 2020
and 2021 due to growing production expenses, including rising ingredient
and import costs. Due to increased demand from China and the shortage of
rapeseed oil due to unfavorable weather conditions in North America, the price
of ingredients has increased. This is expected to have a negative effect on the
studied market.
Triton Market Research’s report provides
in-depth insight into the Japan edible oil market, along with segmentation
analysis. The detailed analysis of the market includes PESTLE analysis and
value chain analysis. The segmentation analysis of the Japan edible oil market
includes market by type and distribution channel.
The key players in the edible oil market are Nisshin Oillio Group Ltd,
J-Oil Mills Inc, Kadoya Sesame Mills Inc, Takemoto Oil & Fat Co Ltd, and
Kato Sangyo Co Ltd.
1. JAPAN
EDIBLE OIL MARKET - SUMMARY
1.1. MARKET
SIZE & FORECASTS
1.2. MARKET
DRIVING ASPECTS
1.3. MARKET
RESTRAINING ASPECTS
1.4. KEY
PLAYERS
2. JAPAN
EDIBLE OIL MARKET OUTLOOK
2.1. MARKET
DEFINITION
2.2. MARKET
SHARE ANALYSIS
2.3. BRAND
SHARE ANALYSIS
2.4. PESTLE
ANALYSIS
2.5. VALUE
CHAIN ANALYSIS
2.6. IMPACT
OF COVID-19 ON THE JAPAN EDIBLE OIL MARKET
3. JAPAN
EDIBLE OIL MARKET – BY TYPE (IN $ MILLION & IN MILLION LITERS)
3.1. OLIVE
OIL
3.2. RAPESEED
OIL
3.3. OTHER
EDIBLE OILS
4. JAPAN
EDIBLE OIL MARKET – BY DISTRIBUTION CHANNEL (IN $ MILLION)
4.1. RETAIL
CHANNEL
4.2. HOMESHOPPING
4.3. E-COMMERCE
5. COMPETITIVE
LANDSCAPE
5.1. NISSHIN
OILLIO GROUP LTD
5.2. J-OIL
MILLS INC
5.3. KADOYA
SESAME MILLS INC
5.4. TAKEMOTO
OIL & FAT CO LTD
5.5. KATO
SANGYO CO LTD
6. RESEARCH
METHODOLOGY & SCOPE
6.1. RESEARCH
SCOPE & DELIVERABLES
6.2. SOURCES
OF DATA
6.3. RESEARCH
METHODOLOGY
TABLE 1: JAPAN EDIBLE
OIL MARKET 2023-2028 (IN $ MILLION)
TABLE 2: JAPAN EDIBLE
OIL MARKET 2023-2028 (IN MILLION LITERS)
TABLE 3: JAPAN – COUNTRY
SNAPSHOT
TABLE 4: JAPAN EDIBLE
OIL MARKET, BY TYPE, 2023-2028 (IN $ MILLION)
TABLE 5: JAPAN EDIBLE
OIL MARKET, BY TYPE, 2023-2028 (IN MILLION LITERS)
TABLE 6: JAPAN EDIBLE
OIL MARKET, BY DISTRIBUTION CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 1: JAPAN EDIBLE
OIL MARKET, MARKET SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 2: JAPAN EDIBLE
OIL MARKET, BRAND SHARE ANALYSIS, 2020 & 2021 (IN %)
FIGURE 3: VALUE CHAIN
ANALYSIS
FIGURE 4: JAPAN EDIBLE
OIL MARKET, BY TYPE, 2022 & 2028 (IN %)
FIGURE 5: JAPAN EDIBLE
OIL MARKET, BY OLIVE OIL, 2023-2028 (IN $ MILLION)
FIGURE 6: JAPAN EDIBLE
OIL MARKET, BY RAPESEED OIL, 2023-2028 (IN $ MILLION)
FIGURE 7: JAPAN EDIBLE
OIL MARKET, BY OTHER EDIBLE OILS, 2023-2028 (IN $ MILLION)
FIGURE 8: JAPAN EDIBLE
OIL MARKET, BY DISTRIBUTION CHANNEL, 2022 & 2028 (IN %)
FIGURE 9: JAPAN EDIBLE
OIL MARKET, BY RETAIL CHANNEL, 2023-2028 (IN $ MILLION)
FIGURE 10: JAPAN EDIBLE
OIL MARKET, BY HOMESHOPPING, 2023-2028 (IN $ MILLION)
FIGURE 11: JAPAN EDIBLE
OIL MARKET, BY E-COMMERCE, 2023-2028 (IN $ MILLION)