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Japan Animal Feed Market Size, Share, Trends, Growth: By Type: Fodder and Forage, Compound Feed; By Livestock: Pork, Aquatic Animal, Cattle, Poultry, Others; By Raw Material: Soy, Corn, Others; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators of Price; Competitive Landscape; 2024-2032
Japan Animal Feed Market Size
The Japan animal feed market reached approximately 21.11 thousand tons in 2023. The market is projected to grow at a CAGR of 1.50% between 2024 and 2032, reaching a volume of around 24.14 thousand tons by 2032.
Japan Animal Feed Market Outlook
- As per the Alltech survey, the total volume of animal feed in Japan was 24.797 million tons in 2021.
- Corn is the primary animal feed source, with the country mainly relying on imports due to its low domestic production volume.
- As per the industry reports, around 70 per cent of the food waste in Japan undergoes recycling for conversion into animal feed to reduce reliance on imported feed.
Japan Animal Feed Market Growth
Rising demand for animal-based protein, growing innovations in feed production techniques, and growth of livestock are some of the influential market drivers. As the influence of Western culture grows in Japan, there is a growing pattern towards higher meat consumption, specifically pork and poultry, and this change in eating habits is necessitating the demand for animal feed.
Advancements in feed production technology are also an emerging trend in the market. These innovations include enhancing the efficiency of feed production and are essential for boosting the nutritional value of the feed. The rise in animal husbandry operations, fuelled by the rising demand for animal protein is another significant driving factor. This has led to a surge in the production of feed to cater to the requirements of different livestock categories such as poultry, swine, and aquaculture.
The rising costs of traditional feed ingredients coupled with the efforts towards sustainability have led to an increased interest in alternative feed ingredients such as algae, insect meal, and plant-based proteins.
Japan Animal Feed Industry Segmentation
“Japan Animal Feed Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Fodder and Forage
- Compound Feed
Market Breakup by Livestock
- Pork
- Aquatic Animal
- Cattle
- Poultry
- Others
Market Breakup by Raw Material
- Soy
- Corn
- Others
Japan Animal Feed Market Share
Based on raw material, the market is divided into soy and corn, among others. Corn holds the highest share in the market as it is a primary source of carbohydrates, which offer energy to livestock, thus making it an essential component in feed for energy-intensive livestock such as poultry and swine. Furthermore, due to its widespread availability and cost-effectiveness, corn is the preferred option for producing bulk animal feed, boosting the segment growth.
Leading Companies in the Japan Animal Feed Market
The market players are developing innovative feed products to gain a competitive edge in the market.
- Alltech Inc.
- FEED ONE CO., LTD.
- Nutreco N.V.
- Archer-Daniels-Midland Company
- Marubeni Nisshin Feed Co., Ltd.
- Showa Sangyo Co., Ltd.
- Mitsubishi Corporation (Nosan Corporation)
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Livestock |
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| Breakup by Raw Material |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Animal Feed Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Animal Feed Historical Market (2018-2023)
8.3 Asia Pacific Animal Feed Market Forecast (2024-2032)
9 Japan Animal Feed Market Overview
9.1 Key Industry Highlights
9.2 Japan Animal Feed Historical Market (2018-2023)
9.3 Japan Animal Feed Market Forecast (2024-2032)
10 Japan Animal Feed Market by Type
10.1 Fodder and Forage
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Compound Feed
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Japan Animal Feed Market by Livestock
11.1 Pork
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Aquatic Animal
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Cattle
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Poultry
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Others
12 Japan Animal Feed Market by Raw Material
12.1 Soy
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Corn
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Others
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators of Demand
13.4 Key Indicators of Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Alltech Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 FEED ONE CO., LTD.
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Nutreco N.V.
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Archer-Daniels-Midland Company
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Marubeni Nisshin Feed Co., Ltd.
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Showa Sangyo Co., Ltd.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Mitsubishi Corporation (Nosan Corporation)
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Animal Feed Market: Key Industry Highlights (Thousand Tons), 2018 and 2032
2. Asia Pacific Animal Feed Market: Key Industry Highlights (Thousand Tons), 2018 and 2032
3. Japan Animal Feed Market: Key Industry Highlights (Thousand Tons), 2018 and 2032
4. Japan Animal Feed Market: Key Industry Highlights (Thousand Tons), 2018 and 2032
5. Japan Animal Feed Historical Market: Breakup by Type (Thousand Tons), 2018-2023
6. Japan Animal Feed Market Forecast: Breakup by Type (Thousand Tons), 2024-2032
7. Japan Animal Feed Historical Market: Breakup by Type (Thousand Tons), 2018-2023
8. Japan Animal Feed Market Forecast: Breakup by Type (Thousand Tons), 2024-2032
9. Japan Animal Feed Historical Market: Breakup by Livestock (Thousand Tons), 2018-2023
10. Japan Animal Feed Market Forecast: Breakup by Livestock (Thousand Tons), 2024-2032
11. Japan Animal Feed Historical Market: Breakup by Livestock (Thousand Tons), 2018-2023
12. Japan Animal Feed Market Forecast: Breakup by Livestock (Thousand Tons), 2024-2032
13. Japan Animal Feed Historical Market: Breakup by Raw Material (Thousand Tons), 2018-2023
14. Japan Animal Feed Market Forecast: Breakup by Raw Material (Thousand Tons), 2024-2032
15. Japan Animal Feed Historical Market: Breakup by Raw Material (Thousand Tons), 2018-2023
16. Japan Animal Feed Market Forecast: Breakup by Raw Material (Thousand Tons), 2024-2032
17. Japan Animal Feed Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate volume of 21.11 thousand tons.
The Japan animal feed market is estimated to grow at a CAGR of 1.50% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 24.14 thousand tons by 2032.
The market is being driven due to rising demand for animal-based protein, growing innovations in feed production techniques, and the growth of livestock.
The key trends aiding the market include advancements in feed production technology, a rise in animal husbandry operations, and the rising costs of traditional feed ingredients.
Based on type, market segmentations include fodder and forage and compound feed.
Various types of livestock are pork, aquatic animal, cattle, and poultry, among others.
The major players in the market are Alltech Inc., FEED ONE CO., LTD, Nutreco N.V., Archer-Daniels-Midland Company, Marubeni Nisshin Feed Co., Ltd., Showa Sangyo Co., Ltd., and Mitsubishi Corporation (Nosan Corporation), among others.
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