Product Code: SR112024A19889
Japan dairy alternatives market size reached US$ 1.5 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 2.8 Billion by 2032, exhibiting a growth rate (CAGR) of 7.10% during 2024-2032. The market is being propelled by several crucial factors, including the convenient accessibility of non-dairy alternatives through organized offline and online distribution channels and the increasing awareness of health and wellness among individuals.
A dairy alternatives are food products designed primarily as substitutes for traditional dairy items, including milk, cheese, and yogurt. These alternatives are garnering increased favor among consumers who are lactose intolerant, follow a vegan diet, or prefer plant-based food choices. They offer various health advantages, such as lower calories, fat, and cholesterol content compared to conventional dairy products. Additionally, they serve as a valuable source of essential nutrients like calcium, vitamin D, and protein, contributing to the promotion of healthy weight management in individuals. Soy milk, almond milk, rice milk, coconut milk, oat milk, and cashew milk are among the most commonly favored dairy alternatives among consumers. These plant-derived products are often fortified with vitamins and minerals to provide a nutritional profile comparable to that of dairy products. As a result of heightened consumer awareness regarding their widespread availability, there has been a notable increase in the demand for dairy alternatives.
Japan Dairy Alternatives Market Trends:
The Japan dairy alternatives market is primarily propelled by the surging health consciousness prevalent among the population. This trend, accompanied by a growing inclination towards maintaining a health-conscious lifestyle and shifting dietary preferences, particularly among individuals adhering to vegan diets, is significantly bolstering the market. Concurrently, the increasing prevalence of lactose intolerance and allergies among consumers is contributing to a positive market outlook. Notably, several key market players are making substantial investments in continuous product innovations and development initiatives to meet the evolving consumer demands, thereby fortifying their market position and positively impacting market growth. Furthermore, the easy accessibility of dairy alternatives through organized offline and online distribution channels, alongside the emergence of efficient home delivery models, is significantly supporting the demand for dairy alternatives across Japan. Moreover, continuous advancements in production processes are serving as key factors propelling market growth. The market is further driven by heightened expenditure on aggressive marketing strategies, celebrity endorsements, innovative packaging solutions, and promotional campaigns. Other contributing factors include rapid urbanization, the proliferation of chain restaurants and quick-service eateries, and the simultaneous rise in disposable income levels among the populace, all of which are exerting a positive influence on market growth within Japan.
Japan Dairy Alternatives Market Segmentation:
Product Type Insights:
- Cheese
- Creamers
- Yogurt
- Ice Creams
- Milk
- Others
Source Insights:
- Almond
- Soy
- Oats
- Hemp
- Coconut
- Rice
- Others
Formulation Type Insights:
- Plain
- Sweetened
- Unsweetened
- Flavored
- Sweetened
- Unsweetened
Nutrient Insights:
- Protein
- Starch
- Vitamin
- Others
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:
- Alpro
- Kikkoman Soy Foods Co. Ltd.
- Marusan-Ai Co. Ltd.
- Tsukuba Dairy Products Co. Ltd. (Shoei Foods Corp.)
Key Questions Answered in This Report:
- How has the Japan dairy alternatives market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Japan dairy alternatives market?
- What is the breakup of the Japan dairy alternatives market on the basis of product type?
- What is the breakup of the Japan dairy alternatives market on the basis of source?
- What is the breakup of the Japan dairy alternatives market on the basis of formulation type?
- What is the breakup of the Japan dairy alternatives market on the basis of nutrient?
- What is the breakup of the Japan dairy alternatives market on the basis of distribution channel?
- What are the various stages in the value chain of the Japan dairy alternatives market?
- What are the key driving factors and challenges in the Japan dairy alternatives?
- What is the structure of the Japan dairy alternatives market and who are the key players?
- What is the degree of competition in the Japan dairy alternatives market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Japan Dairy Alternatives Market - Introduction
- 4.1 Overview
- 4.2 Market Dynamics
- 4.3 Industry Trends
- 4.4 Competitive Intelligence
5 Japan Dairy Alternatives Market Landscape
- 5.1 Historical and Current Market Trends (2018-2023)
- 5.2 Market Forecast (2024-2032)
6 Japan Dairy Alternatives Market - Breakup by Product Type
- 6.1 Cheese
- 6.1.1 Overview
- 6.1.2 Historical and Current Market Trends (2018-2023)
- 6.1.3 Market Forecast (2024-2032)
- 6.2 Creamers
- 6.2.1 Overview
- 6.2.2 Historical and Current Market Trends (2018-2023)
- 6.2.3 Market Forecast (2024-2032)
- 6.3 Yogurt
- 6.3.1 Overview
- 6.3.2 Historical and Current Market Trends (2018-2023)
- 6.3.3 Market Forecast (2024-2032)
- 6.4 Ice Creams
- 6.4.1 Overview
- 6.4.2 Historical and Current Market Trends (2018-2023)
- 6.4.3 Market Forecast (2024-2032)
- 6.5 Milk
- 6.5.1 Overview
- 6.5.2 Historical and Current Market Trends (2018-2023)
- 6.5.3 Market Forecast (2024-2032)
- 6.6 Others
- 6.6.1 Historical and Current Market Trends (2018-2023)
- 6.6.2 Market Forecast (2024-2032)
7 Japan Dairy Alternatives Market - Breakup by Source
- 7.1 Almond
- 7.1.1 Overview
- 7.1.2 Historical and Current Market Trends (2018-2023)
- 7.1.3 Market Forecast (2024-2032)
- 7.2 Soy
- 7.2.1 Overview
- 7.2.2 Historical and Current Market Trends (2018-2023)
- 7.2.3 Market Forecast (2024-2032)
- 7.3 Oats
- 7.3.1 Overview
- 7.3.2 Historical and Current Market Trends (2018-2023)
- 7.3.3 Market Forecast (2024-2032)
- 7.4 Hemp
- 7.4.1 Overview
- 7.4.2 Historical and Current Market Trends (2018-2023)
- 7.4.3 Market Forecast (2024-2032)
- 7.5 Coconut
- 7.5.1 Overview
- 7.5.2 Historical and Current Market Trends (2018-2023)
- 7.5.3 Market Forecast (2024-2032)
- 7.6 Rice
- 7.6.1 Overview
- 7.6.2 Historical and Current Market Trends (2018-2023)
- 7.6.3 Market Forecast (2024-2032)
- 7.7 Others
- 7.7.1 Historical and Current Market Trends (2018-2023)
- 7.7.2 Market Forecast (2024-2032)
8 Japan Dairy Alternatives Market - Breakup by Formulation Type
- 8.1 Plain
- 8.1.1 Overview
- 8.1.2 Historical and Current Market Trends (2018-2023)
- 8.1.3 Market Segmentation
- 8.1.3.1 Sweetened
- 8.1.2.2 Unsweetened
- 8.1.4 Market Forecast (2024-2032)
- 8.2 Flavored
- 8.2.1 Overview
- 8.2.2 Historical and Current Market Trends (2018-2023)
- 8.2.3 Market Segmentation
- 8.2.3.1 Sweetened
- 8.2.2.2 Unsweetened
- 8.2.4 Market Forecast (2024-2032)
9 Japan Dairy Alternatives Market - Breakup by Nutrient
- 9.1 Protein
- 9.1.1 Overview
- 9.1.2 Historical and Current Market Trends (2018-2023)
- 9.1.3 Market Forecast (2024-2032)
- 9.2 Starch
- 9.2.1 Overview
- 9.2.2 Historical and Current Market Trends (2018-2023)
- 9.2.3 Market Forecast (2024-2032)
- 9.3 Vitamin
- 9.3.1 Overview
- 9.3.2 Historical and Current Market Trends (2018-2023)
- 9.3.3 Market Forecast (2024-2032)
- 9.4 Others
- 9.4.1 Historical and Current Market Trends (2018-2023)
- 9.4.2 Market Forecast (2024-2032)
10 Japan Dairy Alternatives Market - Breakup by Distribution Channel
- 10.1 Supermarkets and Hypermarkets
- 10.1.1 Overview
- 10.1.2 Historical and Current Market Trends (2018-2023)
- 10.1.3 Market Forecast (2024-2032)
- 10.2 Convenience Stores
- 10.2.1 Overview
- 10.2.2 Historical and Current Market Trends (2018-2023)
- 10.2.3 Market Forecast (2024-2032)
- 10.3 Online Stores
- 10.3.1 Overview
- 10.3.2 Historical and Current Market Trends (2018-2023)
- 10.3.3 Market Forecast (2024-2032)
- 10.4 Others
- 10.4.1 Historical and Current Market Trends (2018-2023)
- 10.4.2 Market Forecast (2024-2032)
11 Japan Dairy Alternatives Market - Competitive Landscape
- 11.1 Overview
- 11.2 Market Structure
- 11.3 Market Player Positioning
- 11.4 Top Winning Strategies
- 11.5 Competitive Dashboard
- 11.6 Company Evaluation Quadrant
12 Profiles of Key Players
- 12.1 Alpro
- 12.1.1 Business Overview
- 12.1.2 Product Portfolio
- 12.1.3 Business Strategies
- 12.1.4 SWOT Analysis
- 12.1.5 Major News and Events
- 12.2 Kikkoman Soy Foods Co. Ltd.
- 12.2.1 Business Overview
- 12.2.2 Product Portfolio
- 12.2.3 Business Strategies
- 12.2.4 SWOT Analysis
- 12.2.5 Major News and Events
- 12.3 Marusan-Ai Co. Ltd.
- 12.3.1 Business Overview
- 12.3.2 Product Portfolio
- 12.3.3 Business Strategies
- 12.3.4 SWOT Analysis
- 12.3.5 Major News and Events
- 12.4 Tsukuba Dairy Products Co. Ltd. (Shoei Foods Corp.)
- 12.4.1 Business Overview
- 12.4.2 Product Portfolio
- 12.4.3 Business Strategies
- 12.4.4 SWOT Analysis
- 12.4.5 Major News and Events
Please note that this is only a partial list of the key players, and the complete list is provided in the report.
13 Japan Dairy Alternatives Market - Industry Analysis
- 13.1 Drivers, Restraints, and Opportunities
- 13.1.1 Overview
- 13.1.2 Drivers
- 13.1.3 Restraints
- 13.1.4 Opportunities
- 13.2 Porters Five Forces Analysis
- 13.2.1 Overview
- 13.2.2 Bargaining Power of Buyers
- 13.2.3 Bargaining Power of Suppliers
- 13.2.4 Degree of Competition
- 13.2.5 Threat of New Entrants
- 13.2.6 Threat of Substitutes
- 13.3 Value Chain Analysis
14 Appendix