Japan - The Future of Foodservice to 2024

Japan - The Future of Foodservice to 2024

  • August 2020 •
  • 127 pages •
  • Report ID: 5013067 •
  • Format: PDF
Japan - The Future of Foodservice to 2024

Summary
"Japan - The Future of Foodservice to 2024” published by the analyst provides extensive insight and analysis of the Japanese Foodservice market over the next five years (2019-2024) and acts as a vital point of reference for operators or suppliers.

The Japanese economy has long been plagued by a low inflation rate, and has proven to be one of the many causes of Japan’s sluggish economic growth over the last decade.The foodservice industry has seen relatively strong growth, especially in the takeaway segment.

However, the rapidly aging and shrinking population will negatively affect future overall growth in the industry.

The report includes -
- Consumer spending has been underpinning economic growth for several years in a row. However, this has come under immense pressure in 2018 due to multitude of factors, primarily softening home prices, increasing interest rates and softened job growth.
- Customer segmentation: identify the most important demographic groups, buying habits and motivations that drive out-of-home meal occasions among segments of the Japann population.
- Key players: Overview of market leaders within the four major channels including business descriptions and number of outlets.
- Case Studies: Learn from examples of recent successes and failures within the Japann foodservice market.

Scope
- QSR is the third largest channel, accounting for 11.1% of total sector revenue in 2019.
- The top five operators in QSR account for 39% of the total market share, with McDonalds leading the pack at 19%.
- FSR is the most freqeunted channel by consumers, with a 35.9% share of the total market.
- Health and wellness is becoming an increasingly influential factor for Japanese consumers in all channels.

Reasons to Buy
- Specific forecasts of the foodservice market over the next five years (2019-2024) will give readers the ability to make informed business decisions through identifying emerging/declining markets.
- Consumer segmentation detailing the desires of known consumers among all major foodservice channels (QSR, FSR, Coffee & Tea shops, Pubs, Clubs and Bars) will allow readers understand the wants and needs of their target demographics.
- Relevant case studies will allow readers to learn from and apply lessons discovered by emerging and major players within Japan’s’s foodservice market.
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