Japan Chocolate Market Outlook, 2022
Bonafide Research |
SKU : 170220221
Pages : 64 | Feb, 17 | Region : Asia-Pacific
Figures : 44 | Tables : 25
Category: Food & Beverages
Japan is the largest confectionery market in Asia with a high per capita consumption of chocolate. The recession in 2009, along with the earthquake and tsunami in year 2011, caused the Japanese economy to significantly retract, which negatively affected consumer spending. A trend observed in all three confectionery categories viz. sugar, chocolate and gum was reduced consumption as consumers opted for smaller packages. Despite larger packs offering less expensive unit prices, consumers desired to spend less while purchasing. As a result, spending on chocolate products also declined. However, chocolate market has recovered a decent amount of sales after 2013, with most of the sales being created in the premium and luxury categories. Japanese consumers are influenced by price but they are unlikely to compromise on the quality and freshness of products for more affordable pricing. Hence, the market has already moved towards luxury chocolates rather than everyday products and the average selling price of chocolate products is even higher than the global average. According to "Japan Chocolate Market Outlook 2022", seasonal chocolate market was growing with a CAGR of 7.76% in the last five years, which was highest among all the other categories like boxed assortments, tablets, bagged self-lines/soft-lines and countlines. Valentine's Day contributed to majority of the revenue in this category, followed by other occasions like White Day, Blossom Festival, New Year Eve, etc. Awareness about polyphenol in cacao has changed the perception of Japanese consumers that chocolate is a healthy product. Milk chocolate doesn’t contain much polyphenol, but is high in sugar and fat; hence sales of such chocolates are more or less stagnant. On the other hand, dark chocolate which is rich in polyphenol has become popular in the wake of a recent bean-to-bar trend among chocolatiers. Japan's aging population now seeks confectionery products with functional benefits as a result of rising health concerns. The country has a large chocolate product line that capitalizes on functional chocolate products containing flavonoids rich dark chocolate and chocolate cereal bars with exotic fruit and vegetable flavors, spices, whole grain granola, dried fruit, premium nuts and vitamins. Chocolate manufacturers from around the world are capitalizing on this trend by marketing creative flavors and healthy natural foods. Meiji Holdings, Lotte Confectionery, Morinaga, Fujiya Co. and Nestle are leading players in the Japanese chocolate industry. Chocolate confectionery is expected to be the largest confectionery subsector in Japan over the forecast period. Demographic factors will play an important role in the coming years. With an aging population and declining rates of regeneration, the consumer base for confectionery products is shrinking. The proportion of residents aged 65 and over, who are generally marginal confectionery consumers, has been steadily rising from last few years. Declining population and growing elderly population will have a negative effect on the volume growth of chocolate confectionery too, which is expected to slow down in the forecast period. For this reason, leading Japanese firms are increasingly looking to develop eye catching new products to command more domestic market share and simultaneously expand into markets overseas. Key Category • Boxed Assortment Chocolate • Seasonal Chocolate • Chocolate Tablets • Bagged Self-lines/Soft-lines • Chocolate Countlines "Japan Chocolate Market Outlook, 2022" discusses the following aspects of chocolates in Japan: The report gives an in-depth understanding of chocolate market in Japan: - Global Chocolate Market Outlook - Asia-Pacific Chocolate Market Outlook - Asia-Pacific Chocolate Market Size By Value & Forecast - Asia-Pacific Chocolate Market Size By Volume & Forecast - Asia-Pacific Chocolate Market Segmental Analysis: By Country - Japan Confectionery Market Outlook - Japan Chocolate Market Outlook - Japan Chocolate Market Size By Value & Forecast - Japan Boxed Assortment Market Size By Value & Forecast - Japan Seasonal Chocolate Market Size By Value & Forecast - Japan Tablet Market Size By Value & Forecast - Japan Bagged Self-lines/Soft-lines Market Size By Value & Forecast - Japan Countlines Market Size By Value & Forecast - Japan Chocolate Market Size By Volume & Forecast - Japan Chocolate Market Segmental Analysis: By Company, By Category, By Sales Channel - Pricing Analysis - The key vendors in this market space This report can be useful to Industry consultants, manufacturers and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry. Report Methodology The information contained in this report is based upon both primary and secondary research. Primary research included telephonic interviews with some channel partners of chocolate in Japan. Secondary research included an exhaustive search of relevant publications like company annual reports, financial reports and proprietary databases.
LIST OF FIGURES Figure-1: Asia-Pacific Chocolate Market Size – By Value 2011-2016 (USD Billion) Figure-2: Asia-Pacific Chocolate Market Size Forecast – By Value 2017F-2022F (USD Billion) Figure-3: Asia-Pacific Chocolate Market Size – By Volume 2011-2016 (Metric Ton) Figure-4: Asia-Pacific Chocolate Market Size Forecast – By Volume 2017F-2022F (Metric Ton) Figure-5: Asia-Pacific Chocolate Market Share – By Country 2016 (Value & Volume) Figure-6: Asia-Pacific Chocolate Market Share – By Country 2022F (Value & Volume) Figure-7: Japan Chocolate Market Size – By Value 2011-2016 (JPY Billion) Figure-8: Japan Chocolate Market Size Forecast – By Value 2017F-2022F (JPY Billion) Figure-9: Japan Boxed Assortment Chocolate Market Size – By Value 2011-2016 (JPY Billion) Figure-10: Japan Boxed Assortment Chocolate Market Size Forecast – By Value 2017F-2022F (JPY Billion) Figure-11: Japan Seasonal Chocolate Market Size – By Value 2011-2016 (JPY Billion) Figure-12: Japan Seasonal Chocolate Market Size Forecast – By Value 2017F-2022F (JPY Billion) Figure-13: Japan Tablet Chocolate Market Size – By Value 2011-2022F (JPY Billion) Figure-14: Japan Bagged Self-lines/Soft-lines Chocolate Market Size – By Value 2011-2022F (JPY Billion) Figure-15: Japan Chocolate Countlines Market Size – By Value 2011-2022F (JPY Billion) Figure-16: Japan Chocolate Market Size – By Volume 2011-2016 (Thousand Metric Ton) Figure-17: Japan Chocolate Market Size Forecast – By Volume 2017F-2022F (Thousand Metric Ton) Figure-18: Japan Chocolate Market Share – By Company 2016 & 2022F Figure-19: Japan Chocolate Market Share – By Category 2016 & 2022F Figure-20: Japan Chocolate Market Share – By Sales Channel By Volume 2016 & 2022F Figure-21: Average Selling Price of Chocolate in Japan 2011-2022F (JPY/ Kilogram) Figure-22: Production of Chocolate in Japan 2011-2016 (Metric Ton) Figure-23: Average Selling Price of Chocolates Imported in Japan 2011-2016 (JPY/ Kilogram) Figure-24: Average Selling Price of Chocolates Exported from Japan 2011-2016 (JPY/ Kilogram)
LIST OF TABLES Table-1: List of HS Codes in Japan Pertaining to Chocolate Confectionery 2016 Table-2: Import Duty Structure for Chocolate Confectionery in Japan 2016 Table-3: Import of Chocolate Confectionery in Japan under various HS Codes – Value & Volume 2011 to 2016 Table-4: Export of Chocolate Confectionery from Japan under various HS Codes – Value & Volume 2011 to 2016 Table-5: Key Facts of Meiji Holdings Co., Ltd. Table-6: Key Facts of Lotte Confectionery Co., Ltd. Table-7: Key Facts of Morinaga & Co., Ltd. Table-8: Key Facts of Nestle Japan Co., Ltd. Table-9: Key Facts of Ezaki Glico Co., Ltd.
|Single User License||Hard Copy||Site License||Global License|
|Users/ Sharing||Restricted to 10 Authorized Users||Unlimited within the Geography||Unlimited within the Geography||Unlimited within any geography|
|Printing/Copy||Unlimited within Company / Enterprise||Unlimited within Company / Enterprise|
|10% Pre-sale customization|
|16 Hours post sales support|
|Free report on update within 100 days from purchase date|
Bonafide Research & Marketing shall grant the user a worldwide, non-exclusive, non-transferable license. User can opt for -
Single User License (Electronic):Access to the content will be granted to 10 authorized users within the organization. The Authorized User may store, display or archive the information but is not allowed to print, copy or use any information in the report for circulation or citation purpose. The individual user will treat the information in the report as confidential and will only use this for internal purpose. The report will be emailed to you in PDF format.
Enterprise wide (Hard Copy):Access to the content will be granted to all authorized users within the organization. The individual user will treat the information in the report as confidential and will only use this for internal purpose. Please add $250 when purchasing the Report in order to get the printed version.
Site License (Electronic):Access to the content will be granted to all the authorised within the organization. The users are authorized to store, display, duplicate, archive the information within the organization either electronically or printable files. The users are not authorized to use any information in the report for citation and circulation externally. The users will treat the information in the report as confidential and will only use this for internal purpose.
Enterprise Wide License (Electronic):The report will be emailed to you in PDF format and hard copy format. This is an enterprise license, allowing all employees within your organization access to the product. The company can use the data / information externally but they need to mention source as Bonafide Research
Whether a single user or a multi user, you are not permitted to -
Every project that comes through our doors gets senior-level attention at every step of the way. Our insights drive intelligent and informed decision-making and this is why our clients come back to us when it's time for the next project.
Outlook and Overview Reports!!
Simplified Pricing Strategy:
Discounts & benefits!!!