A Complete Study of Fat Filled Milk Powder in Japan from 2023 to 2033
Total revenue from the consumption of fat filled milk powder in Japan is poised to increase from US$ 90.18 million in 2023 to US$ 157.93 million by 2033. Over these ten years, the demand for fat filled milk powder in the country is expected to expand at a 5.8% CAGR.
Key Insights on the Fat Filled Milk Powder Sector of Japan
The demand for fat filled milk powder increased at a 4.9% CAGR from 2018 to 2022 in Japan, reaching an industry value of US$ 85.54 million in 2022.
The expansion of dairy processing industries and the variety of products offered by them has surged with changing food habits in Japan.
Greater shelf life and easy storage of milk in powder form have attracted many customers in Japan to choose this product for regular milk intake.
Attributes
Details
Industry Size of Japan in 2023
US$ 90.18 million
Expected Industry Size of Japan by 2033
US$ 157.93 million
Forecasted CAGR between 2023 to 2033
5.8%
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Top Trends Influencing the Demand for Fat Filled Milk Powder in Japan
The popularity of fat filled milk powder in Japan was influenced by the country's shift toward convenience foods and ready-to-eat items few years back. In addition to this, its acceptance in homes and the food business is mostly due to its affordability for cost-conscious customers and food producers.
The higher demand for fat filled milk powder in Japan can be attributed to its requirement in many culinary applications, including baking, cooking, and beverage preparation. Fat filled milk powder has become a versatile ingredient in the Japanese food industry as it enhances the taste, texture, and nutritional value of several food items.
Greater consumer awareness and acceptance of fat filled milk powder in Japan are also a result of effective marketing and promotion of the product by regional sellers.
Comparative View of Adjacent Fat Filled Milk Powder in Key Regions
The comparison below presents regional trends, growth opportunities, and challenges for fat filled milk powder in Japan, Korea, and Western European countries together. The performance of the product in Korea is similar to that in Japan, while in Western European countries, the demand is saturated with a higher supply.
Demand for Fat Filled Milk Powder in Japan:
Attributes
Demand for Fat Filled Milk Powder in Japan
CAGR (2023 to 2033)
5.8%
Valuation (2023)
US$ 90.18 million
Key Trend
The popularity of fat filled milk powder in Japan is rising because of its adaptability and simplicity of use
Key Challenge
Fat filled milk powder is not preferred in certain recipes and cooking methods in Japan where culinary traditions are highly valued
Popularity of Fat Filled Milk Powder in Korea:
Attributes
Popularity of Fat Filled Milk Powder in Korea
CAGR (2023 to 2033)
6.1%
Valuation (2023)
US$ 64.92 million
Key Trend
The functional qualities of fat filled milk powder make it valuable in the manufacturing and processing of several packaged food items in Korea.
Key Challenge
Sourcing of sufficient amount of raw milk for the production of fat filled milk powder remains a key challenge.
Adoption Scenario of Fat Filled Milk Powder in Western Europe:
Attributes
Adoption Scenario of Fat Filled Milk Powder in Western Europe
CAGR (2023 to 2033)
5.0%
Valuation (2023)
US$ 1,182.60 million
Key Trend
Consumers in Western Europe seeking for a wider range of dairy products other than only conventional milk.
Key Challenge
Growing popularity and sales of artificially prepared baby formulations and powder in many Western European countries.
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Category-wise insights
Individuals in Japan Prefer Milk Powder with 28% Fat in their Products
As per our findings, the fat filled milk powder 28% segment is likely to hold around 36.9% of the total revenue share in Japan in 2023.
Fat Filled Milk Powder in Japan based on Product Type
Total Share (2023)
Fat Filled Milk Powder 28%
36.9%
This segment, with a higher percentage of fat in milk powder, also influences consumer decisions by showcasing the product's cost and nutritional advantages. Moreover, milk powder with 28% fat can be used to prepare meals quickly, meeting the needs of Japanese customers with a higher preference for milk dishes.
Fat Filled Milk Powder Consumption in Dairy Product Segment is Higher
The demand for fat filled milk powder in Japan from dairy product companies is estimated to capture around 29.7% of the regional sales in 2023.
Fat Filled Milk Powder in Japan based on End Use Type
Total Share (2023)
Dairy Products
29.7%
Fat filled milk powder is typically more affordable for commercial production of dairy products in comparison to whole milk powder or fresh liquid milk. Moreover, since fat filled milk powder stays fresh longer than convenient milk, it's a sensible and easy choice for dairy product manufacturers who wish to stockpile.
Competitive Landscape
The competitive landscape for fat filled milk powder suppliers in Japan is relatively moderate due to the presence of few production companies and demand. Regional fat filled milk suppliers are promoting its inclusion in a variety of meals with cultural inclinations to maintain its consistent demand. They are also fortifying the milk powder with vitamins and minerals for customers who are seeking dairy products with higher nutritional content.
Recent Developments in Fat Filled Milk Powder in Japan
In April 2021, Morinaga Milk Industry Co., Ltd. released a powdered milk for adults called Morinaga Milk Life for Space, based on the 100-year history of dry milk manufacturing by Morinaga Milk Industry. It has been prepared with a well-balanced blend of essential nutrients that the adult body needs for a pleasant taste, as well as a healthy existence in space. This new product line is similar to the brand's marketed Milk Life, which contains many additives that Morinaga Milk has developed over many years of study.
Meiji Company announced in April 2022 an extension of its distribution channel by introducing two baby formulas in Cambodia by May 2022. Meiji Step Growing Up Formula 800g is a powdered milk product designed to support nutrients that are typically insufficient for young children aged one to three years. Another product, named Meiji Hohoemi Infant Formula 800g, is a powdered milk product for infants to support sound growth, developed after modifications to emulate breast milk in Japan.
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Key Players Offering Fat Filled Milk Powder in Japan
Meiji Dairies Corporation
Morinaga Milk Industry Co., Ltd.
Snow Brand Milk Products Co., Ltd.
Kyodo Dairy Corporation
Yakult Honsha Co., Ltd.
Megmilk Snow Brand Company
Nichirei Food Inc.
Glico Co., Ltd.
Asahi Group Holdings, Ltd.
Kirin Holdings Company, Limited
Suntory Holdings Limited
Meiji Seika Kaisha, Ltd.
Nisshin Seifun Group Co., Ltd.
Ezaki Glico Co., Ltd.
Calpis Food Industry Co., Ltd.
Scope of the Report
Attribute
Details
Estimated Industry Size in 2023
US$ 90.18 million
Projected Industry Size by 2033
US$ 157.93 million
Anticipated CAGR between 2023 to 2033
5.8% CAGR
Historical Analysis of Demand for Fat Filled Milk Powder in Japan
2018 to 2022
Demand Forecast for Fat Filled Milk Powder in Japan
2023 to 2033
Report Coverage
Industry Size, Industry Trends, Analysis of key factors influencing Fat Filled Milk Powder in Japan, Insights on Global Players and their Industry Strategy in Japan , Ecosystem Analysis of Local and Japan Providers
Key Provinces Analyzed while Studying Opportunities in Fat Filled Milk Powder in Japan
Kanto
Chubu
Kinki
Kyushu & Okinawa
Tohoku
Rest of Japan
Key Companies Profiled
Meiji Dairies Corporation
Morinaga Milk Industry Co., Ltd.
Snow Brand Milk Products Co., Ltd.
Kyodo Dairy Corporation
Yakult Honsha Co., Ltd.
Megmilk Snow Brand Company
Nichirei Food Inc.
Glico Co., Ltd.
Asahi Group Holdings, Ltd.
Kirin Holdings Company, Limited
Suntory Holdings Limited
Meiji Seika Kaisha, Ltd.
Nisshin Seifun Group Co., Ltd.
Ezaki Glico Co., Ltd.
Calpis Food Industry Co., Ltd.
Key Segments Covered in Japan Fat Filled Milk Powder Industry Survey
By Product Type:
Fat Filled Milk Powder 26%
Instant Fat Filled Milk Powder 26%
Fat Filled Milk Powder 28%
Instant Fat Filled Milk Powder 28%
By End Use:
Dairy Products
Bakery Products
Confectionaries
Ice Cream
Other End Uses
By Sales Channel:
Hypermarkets or Supermarkets
Convenience Stores
Specialty Stores
Online Retailers
Wholesalers
Grocery Stores
Other Retail Formats
By City/Province:
Kanto
Chubu
Kinki
Kyushu & Okinawa
Tohoku
Rest of Japan
Frequently Asked Questions
At What Rate is the Fat Filled Milk Powder Growing in Japan?
The anticipated CAGR for fat filled milk powder in Japan through 2033 is 5.8%.
How big will the Fat Filled Milk Powder Industry be in Japan?
Demand for fat filled milk powder in Japan could be US$ 157.93 million by 2033.
How Suppliers of Fat Filled Milk Powder in Japan are Driving Business?
Fat filled milk powder sellers in Japan are targeting traditional culinary to boost sales.
Which is the Leading Product Type of Fat Filled Milk Powder Segment in Japan?
Fat filled milk powder of 28% leads with 36.9% revenue share in 2023.
Which Content Type Creates Maximum Demand for Fat Filled Milk Powder in Japan?
Dairy products segment creates 29.7% of the fat filled milk powder demand in Japan.
Table of Content
1. Executive Summary
1.1. Japan Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Japan Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Japan Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Product Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Product Type, 2023 to 2033
5.3.1. 26%
5.3.2. Instant 26%
5.3.3. 28%
5.3.4. Instant 28%
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Japan Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By End Use, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By End Use, 2023 to 2033
6.3.1. B2B/ Food processing Industry
6.3.1.1. Ice Cream
6.3.1.2. Bakery & Confectionary
6.3.1.3. Chocolate
6.3.1.4. Fruits and Flavored Beverages
6.3.1.5. Soups
6.3.1.6. Sauces
6.3.1.7. Coffee and Tea
6.3.1.8. Dairy Products (Yogurt, Cheese, Condensed Milk)
6.3.2. B2C/Retail
6.3.2.1. Supermarkets and Hypermarkets
6.3.2.2. Convenience Stores
6.3.2.3. Department Stores
6.3.2.4. Specialty Stores
6.3.2.5. Online Retail
6.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
7. Japan Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033
7.3.1. Kanto
7.3.2. Chubu
7.3.3. Kinki
7.3.4. Kyushu & Okinawa
7.3.5. Tohoku
7.3.6. Rest of Japan
7.4. Market Attractiveness Analysis By Region
8. Kanto Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
8.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Product Type
8.2.2. By End Use
8.3. Market Attractiveness Analysis
8.3.1. By Product Type
8.3.2. By End Use
8.4. Key Takeaways
9. Chubu Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
9.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Product Type
9.2.2. By End Use
9.3. Market Attractiveness Analysis
9.3.1. By Product Type
9.3.2. By End Use
9.4. Key Takeaways
10. Kinki Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
10.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Product Type
10.2.2. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Product Type
10.3.2. By End Use
10.4. Key Takeaways
11. Kyushu & Okinawa Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
11.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Product Type
11.2.2. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Product Type
11.3.2. By End Use
11.4. Key Takeaways
12. Tohoku Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
12.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Product Type
12.2.2. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Product Type
12.3.2. By End Use
12.4. Key Takeaways
13. Rest of Japan Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
13.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Product Type
13.2.2. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Product Type
13.3.2. By End Use
13.4. Key Takeaways
14. Market Structure Analysis
14.1. Competition Dashboard
14.2. Competition Benchmarking
14.3. Market Share Analysis of Top Players
14.3.1. By Regional
14.3.2. By Product Type
14.3.3. By End Use
15. Competition Analysis
15.1. Competition Deep Dive
15.1.1. Meiji Holdings Co., Ltd.
15.1.1.1. Overview
15.1.1.2. Product Portfolio
15.1.1.3. Profitability by Market Segments
15.1.1.4. Sales Footprint
15.1.1.5. Strategy Overview
15.1.1.5.1. Marketing Strategy
15.1.1.5.2. Product Strategy
15.1.1.5.3. Channel Strategy
15.1.2. Asahi group foods ltd.
15.1.2.1. Overview
15.1.2.2. Product Portfolio
15.1.2.3. Profitability by Market Segments
15.1.2.4. Sales Footprint
15.1.2.5. Strategy Overview
15.1.2.5.1. Marketing Strategy
15.1.2.5.2. Product Strategy
15.1.2.5.3. Channel Strategy
15.1.3. MORINAGA MILK INDUSTRY CO.,LTD
15.1.3.1. Overview
15.1.3.2. Product Portfolio
15.1.3.3. Profitability by Market Segments
15.1.3.4. Sales Footprint
15.1.3.5. Strategy Overview
15.1.3.5.1. Marketing Strategy
15.1.3.5.2. Product Strategy
15.1.3.5.3. Channel Strategy
15.1.4. Arla Foods
15.1.4.1. Overview
15.1.4.2. Product Portfolio
15.1.4.3. Profitability by Market Segments
15.1.4.4. Sales Footprint
15.1.4.5. Strategy Overview
15.1.4.5.1. Marketing Strategy
15.1.4.5.2. Product Strategy
15.1.4.5.3. Channel Strategy
15.1.5. Alpen Food Group
15.1.5.1. Overview
15.1.5.2. Product Portfolio
15.1.5.3. Profitability by Market Segments
15.1.5.4. Sales Footprint
15.1.5.5. Strategy Overview
15.1.5.5.1. Marketing Strategy
15.1.5.5.2. Product Strategy
15.1.5.5.3. Channel Strategy
15.1.6. Dana Dairy
15.1.6.1. Overview
15.1.6.2. Product Portfolio
15.1.6.3. Profitability by Market Segments
15.1.6.4. Sales Footprint
15.1.6.5. Strategy Overview
15.1.6.5.1. Marketing Strategy
15.1.6.5.2. Product Strategy
15.1.6.5.3. Channel Strategy
15.1.7. Vreugdenhil
15.1.7.1. Overview
15.1.7.2. Product Portfolio
15.1.7.3. Profitability by Market Segments
15.1.7.4. Sales Footprint
15.1.7.5. Strategy Overview
15.1.7.5.1. Marketing Strategy
15.1.7.5.2. Product Strategy
15.1.7.5.3. Channel Strategy
15.1.8. Armor Proteines
15.1.8.1. Overview
15.1.8.2. Product Portfolio
15.1.8.3. Profitability by Market Segments
15.1.8.4. Sales Footprint
15.1.8.5. Strategy Overview
15.1.8.5.1. Marketing Strategy
15.1.8.5.2. Product Strategy
15.1.8.5.3. Channel Strategy
15.1.9. MP Biomedicals LLC
15.1.9.1. Overview
15.1.9.2. Product Portfolio
15.1.9.3. Profitability by Market Segments
15.1.9.4. Sales Footprint
15.1.9.5. Strategy Overview
15.1.9.5.1. Marketing Strategy
15.1.9.5.2. Product Strategy
15.1.9.5.3. Channel Strategy
15.1.10. BONILAIT PROTEINES
15.1.10.1. Overview
15.1.10.2. Product Portfolio
15.1.10.3. Profitability by Market Segments
15.1.10.4. Sales Footprint
15.1.10.5. Strategy Overview
15.1.10.5.1. Marketing Strategy
15.1.10.5.2. Product Strategy
15.1.10.5.3. Channel Strategy
15.1.11. Polindus
15.1.11.1. Overview
15.1.11.2. Product Portfolio
15.1.11.3. Profitability by Market Segments
15.1.11.4. Sales Footprint
15.1.11.5. Strategy Overview
15.1.11.5.1. Marketing Strategy
15.1.11.5.2. Product Strategy
15.1.11.5.3. Channel Strategy
15.1.12. Holland Dairy Foods
15.1.12.1. Overview
15.1.12.2. Product Portfolio
15.1.12.3. Profitability by Market Segments
15.1.12.4. Sales Footprint
15.1.12.5. Strategy Overview
15.1.12.5.1. Marketing Strategy
15.1.12.5.2. Product Strategy
15.1.12.5.3. Channel Strategy
15.1.13. Hoogwegt International
15.1.13.1. Overview
15.1.13.2. Product Portfolio
15.1.13.3. Profitability by Market Segments
15.1.13.4. Sales Footprint
15.1.13.5. Strategy Overview
15.1.13.5.1. Marketing Strategy
15.1.13.5.2. Product Strategy
15.1.13.5.3. Channel Strategy
15.1.14. Belgomilk
15.1.14.1. Overview
15.1.14.2. Product Portfolio
15.1.14.3. Profitability by Market Segments
15.1.14.4. Sales Footprint
15.1.14.5. Strategy Overview
15.1.14.5.1. Marketing Strategy
15.1.14.5.2. Product Strategy
15.1.14.5.3. Channel Strategy
16. Assumptions & Acronyms Used17. Research Methodology
