Country Profile: Seasonings, Dressings & Sauces sector in Japan
Japanese Seasonings, Dressings & Sauces sector accounted for a volume share of 7.2% of the global market and 15.7% of the regional (Asia-Pacific) market, in 2016. The Seasonings, Dressings & Sauces sector is valued at J¥1,501,756.9 million (US$13,797.3 million) in 2016 and is expected to grow at a CAGR of 4% during 2016-2021. Rising urge for new taste preferences among Japanese consumers is driving the demand for seasonings, dressings and sauces products in the country. Per capita consumption stood high at 13.3kg when compared to the global and Asia-Pacific levels of 4.5kg and 3.2kg, respectively, in 2016.
Hypermarkets & Supermarkets is the leading distribution channel in the Japanese Seasonings, Dressings & Sauces sector, accounting for a total value share of 46.7% in 2016. It is followed by Convenience Stores and Department Stores, which accounted for 29.3% and 5.3% shares, respectively, during the same year.
The Japanese Seasonings, Dressings & Sauces sector is fragmented with the top five players accounting for 18.4% of the market share by value in 2016. Private labels accounted for2.9% share by value in the same year. Health & Wellness attributes such as ‘Food Intolerance’ and consumer benefits such as ‘Health Management’ are the most sought after Health & Wellness claims in the Japanese Seasonings, Dressings & Sauces sector.
Japan’s GDP per capita grew at a CAGR of 1.7% during 2011-2016. High employment rate and falling inflation is expected to have a positive influence on the Seasonings, Dressings & Sauces sector.
The report Country Profile: Seasonings, Dressings & Sauces sector in Japan provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.
In particular, this report provides the following analysis -
Market data: Overall market value and volume data with growth analysis for 2011-2021.
Category coverage: Value and growth analysis for Bouillons & Stocks, Chutneys & Relishes, Condiment Sauces, Dips, Dressings, Dry Cooking Sauces, Herbs, Spices & Seasonings, Tomato Pastes and Purées, and, Wet Cooking Sauces with inputs on individual category share within each market and the change in their market share forecast for 2016-2021.
Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016.
Distribution data: Percentage of sales within each market through distribution channels such as Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others.
Packaging data: Consumption breakdown for packaging materials and containers in each market, in terms of percentage share of number of units sold. Packaging material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; container data for: Jar, Bottle, Bag/Sachet, Tub, Box, Pouch, and Tube.
Companies mentioned in this report: Kewpie Corporation), Kikkoman Corporation, Ajinomoto Group, S & B Foods Inc, Kagome Co.,Ltd, Mizkan Group Corporation, Bull-Dog Sauce Co., Ltd., Ebara Foods Industry,Inc, Del Monte Foods Company, Hikari Indústria E Comércio Ltda.
The Seasonings, Dressings & Sauces sector in Japan is forecast to grow at 4% CAGR in value terms during 2016-2021
Per capita consumption of Condiment Sauces in Japan is noticeably high when compared to global and regional levels
Hypermarkets & Supermarkets is the largest distribution channel followed by Convenience Stores
Kewpie is the leading brand in the in the Japanese Seasonings, Dressings & Sauces sector by value
Glass is the most commonly used packaging material in the Japanese Seasonings, Dressings & Sauces sector
Reasons to buy
Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
Manufacturers can identify the opportunities to position products with H&W attributes/benefits
Access the key and most influential consumer trends driving seasonings, dressings and sauces products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
Analysis on key macro-economic indicators such as GDP per capita, population (overall and breakdown by age), and consumer price index. It also covers a comparative analysis of political, economic, socio-demographic, and technological indicators (PEST) across 50 countries.