Food & Beverages

Japanese Foodservice: The Future of Foodservice in Japan to 2016

  • CAN64111
  • 218 Pages
  • July 2012
  • Food & Beverages
Synopsis
This report provides a top-level overview and detailed market, channel, and company-specific insights into the operating environment for foodservice companies. It is an essential tool for companies active across the Japanese foodservice value chain, and for new companies considering entering the market
Scope
This report provides readers with unparalleled levels of detail and insight into the development of the foodservice sector within Japan.

This report provides readers with in-depth data on the valuation and development of both the profit and cost sectors in the Japanese foodservice market.

This report provides details on the number of outlets, transactions, average price, foodservice sales, sales per outlet, and transactions per outlet per week across nearly 50 sub-channels.

This report provides highly granular future forecasts and historic market data to aid market and strategic planning.

This report will help you to assess the impact of economic recession and recovery on foodservice market growth.
Summary
Why was the report written?
This report is the result of Canadeans extensive market and company research covering the Japanese foodservice industry. It provides detailed analysis of both historic and forecast foodservice industry values at channel level, analysis of the leading companies in the industry, and Japans business environment and landscape.

Japanese Foodservice: The Future of Foodservice in Japan to 2016 provides a top-level overview and detailed market, channel, and company-specific insights into the operating environment for foodservice companies. It is an essential tool for companies active across the Japanese foodservice value chain, and for new companies considering entering the market.

What is the current market landscape and what is changing?
The Japanese foodservice market is a significant market in Asia. The steady growth in GDP and increased disposable incomes were major growth drivers of the foodservice industry in the country. This trend is expected to support the industry going forward with further increases in exports, investment in industrial sectors, and higher domestic consumption.

What are the key drivers behind recent market changes?
The increasing in number of single family households in the country, rising number of women in the workplace, and fast-paced lifestyle amongst youngsters is creating a shift towards fast food from formal dining occasions. During the forecast period, the Japanese foodservice market is also expected to be supported by the diversification of taste preferences in Japan towards international cuisines such as Asian, Italian, Indian and American food.

What makes this report unique and essential to read?
Japanese Foodservice: The Future of Foodservice in Japan to 2016 provides a top-level overview and detailed market, channel, and company-specific insights into the operating environment for foodservice companies. It is an essential tool for companies active across the Japanese foodservice value chain, and for new companies considering entering the market.
ReasonsToBuy
Natural disasters affected the growth of foodservice industry.
The country was also affected by the recent triple natural calamities of earthquake, tsunami, and nuclear reactor meltdowns, which affected the transactions in the foodservice industry. The industry experienced considerable sales decline as the calamities affected the otherwise good business months in the country.

Global financial crisis negatively impacted the industry.
The recent financial crisis also affected the Japanese economy, which is significantly export oriented. GDP (at constant price) was particularly affected in the years 2008 and 2009, when the GDP growth rate declined from 2.4% in 2007 to -1.2% in 2008 and -5.2% in 2009, respectively, significantly affecting the foodservice industry in the country.

Rise in elderly population to increase transactions for consumer foodservice operators.
Declining birth rates and smaller families have led to an increase in the population of senior citizens. The population of Japan above the age of 64 was 28.9 million in 2011 which is expected to increase to 33.3 million by 2016.This scenario provides an opportunity to the foodservice operators to provide nutritious and value prices meals to this large population.

Decline in the tourism industry affecting the foodservice market in the hospitality sector.
The recent natural disasters in Japan, earthquake, tsunami, and news of radiation leakage from nuclear power plants have significantly affected the tourism industry in the country. Foodservice operators in the travel and other related channels, including accommodation and leisure channels were hit considerably as the number of transactions in the channel declined due to the continuous decline in the inbound tourism.

QSRs and fast-food restaurants remain key drivers.
Factors such as urbanization, increasing working women population, smaller families, and less time for cooking have stimulated the growth of the fast food and quick service restaurants in Japan.
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