Japan Edible Oil And Fats Market Size & Outlook, 2022-2030
Japan edible oil and fats market, 2018-2030 (US$M)
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Japan edible oil and fats market highlights
- The Japan edible oil and fats market generated a revenue of USD 15,712.3 million in 2022 and is expected to reach USD 29,967.6 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.4% from 2023 to 2030.
- In terms of segment, edible oil was the largest revenue generating product in 2022.
- Edible Oil is the most lucrative product segment registering the fastest growth during the forecast period.
Edible oil and fats market data book summary
| Market revenue in 2022 | USD 15,712.3 million |
| Market revenue in 2030 | USD 29,967.6 million |
| Growth rate | 8.4% (CAGR from 2022 to 2030) |
| Largest segment | Edible oil |
| Fastest growing segment | Edible Oil |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Edible Oil, Edible Fats |
| Key market players worldwide | Archer-Daniels Midland Co, Cargill, Bunge Global SA, Nisshin Oillio Group Ltd, Kaneka Corp, Associated British Foods PLC, Grain Processing Corporation, Adani Wilmar, Borges, Apetit Group |
Other key industry trends
- In terms of revenue, Japan accounted for 3.4% of the global edible oil and fats market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China edible oil and fats market is projected to lead the regional market in terms of revenue in 2030.
- Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 29,967.6 million by 2030.
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Edible Oil And Fats Market Scope
Edible Oil And Fats Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan edible oil and fats market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to edible oil and fats market will help companies and investors design strategic landscapes.
Edible oil was the largest segment with a revenue share of 75.38% in 2022. Horizon Databook has segmented the Japan edible oil and fats market based on edible oil, edible fats covering the revenue growth of each sub-segment from 2018 to 2030.
Japanese consumers are becoming more health conscious and are looking for healthier substitutes like perilla, linseed, or olive oil, which is one of the most popular vegetable oils in Japan. Individuals who follow a wellness-focused lifestyle are concerned about their nutrition intake and fitness and generally purchase organic edible oils & fats.
There is an increased consumption of edible oils in Japan, considering the health benefits of these oils. Rapeseed is a widely used edible oil in Japan. When it comes to both demand and supply, rapeseed oil is the most popular oil in Japan.
Most rapeseed imports come from Australia and Canada. The consumption of olive oil is also increasing gradually. The U.S. Department of Agriculture estimated the consumption of olive oil in Japan in 2021 to be 75,000 metric tons, up from 69,500 metric tons in 2020.
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Our clientele includes a mix of edible oil and fats market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan edible oil and fats market , including forecasts for subscribers. This country databook contains high-level insights into Japan edible oil and fats market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan edible oil and fats market size, by product, 2017-2030 (US$M)
Japan Edible Oil And Fats Market Outlook Share, 2022 & 2030 (US$M)
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