Japan Meat Substitutes Market
Japan Meat Substitutes Market Research Report By Type (Tofu & Tofu Products, Tempeh, Seitan, Others), By Source (Soy, Wheat, Mycoprotein, Others) and By Distribution Channel (based, Non-store based)- Forecast to 2035
Industry Developments
The Japan Meat Substitutes Market has been witnessing significant developments recently, driven by a growing demand for plant-based products and sustainability practices. Notable companies such as Otsuka Foods and Unilever are actively expanding their offerings, contributing to increased market interest. In October 2023, Beyond Meat reported a partnership with local distributors to enhance their distribution network in Japan, aiming to tap into the rising consumer interest in meat alternatives. In July 2023, Impossible Foods announced the introduction of its new product range tailored specifically for Japanese tastes, reflecting the ongoing customization trend in the market.
Furthermore, in September 2022, Marubeni Corporation engaged in a strategic alliance with Ripple Foods, which focuses on plant-based dairy alternatives, signaling a shift towards diversification in food offerings. The market has experienced a surge in valuation, with companies like Nisshin Seifun Group and Kewpie Corporation investing in Research and Development to innovate and cater to local preferences. The overall trend toward healthier diets and environmental awareness is shaping the direction of the Japan Meat Substitutes Market, indicating a robust growth trajectory.
Report Scope
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2023 | 226.38(USD Million) |
| MARKET SIZE 2024 | 231.42(USD Million) |
| MARKET SIZE 2035 | 951.09(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 13.711% (2025 - 2035) |
| REPORT COVERAGE | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| BASE YEAR | 2024 |
| MARKET FORECAST PERIOD | 2025 - 2035 |
| HISTORICAL DATA | 2019 - 2024 |
| MARKET FORECAST UNITS | USD Million |
| KEY COMPANIES PROFILED | Otsuka Foods, Toyoharu Gakuen, Miyokos Creamery, Ripple Foods, Mitsubishi Corporation, Unilever, Nisshin Seifun Group, Marubeni Corporation, Veganary, Yamazaki Baking, Impossible Foods, Nissin Foods, Kewpie Corporation, Beyond Meat, Sojitz Corporation |
| SEGMENTS COVERED | Type, Source, Distribution Channel |
| KEY MARKET OPPORTUNITIES | Rising health consciousness among consumers, Increasing demand for plant-based options, Innovation in texture and flavor, Expansion of distribution channels, Government support for sustainable practices |
| KEY MARKET DYNAMICS | rising health consciousness, increasing flexitarian diets, sustainability concerns, technological advancements in production, diverse product offerings |
| COUNTRIES COVERED | Japan |
FAQs
What is the expected market size of the Japan Meat Substitutes Market in 2024?
The Japan Meat Substitutes Market is expected to be valued at 231.42 million USD in 2024.
What will be the market value of the Japan Meat Substitutes Market by 2035?
By 2035, the Japan Meat Substitutes Market is projected to reach a value of 951.09 million USD.
What is the expected CAGR for the Japan Meat Substitutes Market between 2025 and 2035?
The market is anticipated to grow at a compound annual growth rate of 13.711 percent from 2025 to 2035.
Which segment of the Japan Meat Substitutes Market is expected to have the highest value in 2035?
Tofu and Tofu Products are expected to be valued at 415.0 million USD in 2035, making it the highest segment.
What are the market values for Tempeh in 2024 and 2035?
Tempeh is valued at 60.0 million USD in 2024 and is projected to grow to 255.0 million USD by 2035.
What is the market size for Seitan in 2024?
In 2024, the market size for Seitan is expected to be around 40.0 million USD.
Who are the key players in the Japan Meat Substitutes Market?
Major players include Otsuka Foods, Unilever, Beyond Meat, and Impossible Foods among others.
What is the projected market size for Others segment by 2035?
The Others segment is expected to reach a market size of 111.09 million USD by 2035.
What are the primary growth drivers for the Japan Meat Substitutes Market?
Increasing health awareness and rising demand for plant-based diets are primary growth drivers.
How does the current global scenario impact the Japan Meat Substitutes Market?
The current global emphasis on sustainability and health trends positively influences the market growth.
Kindly complete the form below to receive a free sample of this Report
Customer Stories
“This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job”
“Thanks. It’s been a pleasure working with you, please use me as reference with any other Intel employees.”
“Thanks for sending the report it gives us a good global view of the Betaïne market.”
“Thank you, this will be very helpful for OQS.”
“We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.”
“I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”
“I have been reading the first document or the study, ,the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!”
“We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.”
Leave a Comment