(Entertainment-NewsWire.com, August 22, 2020 ) The diets in Japan are unfolding quickly, moving from traditionally rice-based meals to more western-style meals featuring more significant amounts of eggs, meat, milk, milk products and fats. Other striking changes in eating habits involve an increasing choice for dining out or purchasing packaged food at the expense of home cooking and fresh foods, respectively. According to Renub Research report, Japan Food & Beverages Market is expected to be USD 35.6 Billion by the end of the year 2026.
The consumer base of Japan is highly educated, and it has a high disposable income. Japanese consumers are willing to pay a premium price for the food, provided that the food products exceed their expectations. For them, the freshness of the product and its origin is of prime importance. In recent years demand has increased for processed and frozen foods, ready-made meals, and moderately priced private-label products. Japanese consumers’ curiosity in foreign foods has grown by increased exposure to global culture and media.
Japan Food & Beverages Market driven by
• Demand for imported products • Evolution of consumption habits • The inclination towards the American and Western Cuisine
Renub Research report titled "Japan Food & Beverages Market by Food Segments (Dairy, Meat, Fish & Seafood, Fruits, Vegetables, Bread & Cereal products, Oil & Fats, Confectionery & Snacks, Baby Food, Others) Beverages (Spreads & Sweeteners, Tea, Coffee, Mineral Water, Juices, Fruit/Vegetable, Others), Age Groups Years (18-24, 25-34, 35-44, 45-54, 55-64), Gender (Male, Female), Income (Low, Medium, High), Sales Channel (Off Line, On Line) Company Analysis (Asahi Group Holdings, Hanwa Co., Ltd., Suntory Group, Meiji Holdings Co., Ltd., Ajinomoto Co. Inc, Yamazaki Baking Co., Ltd., Maruha Nichiro Corporation, Coca-Cola)" provides an all-encompassing analysis on the Food and Beverage Industry of Japan.
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