IMARC Group, a leading market research company, has recently releases report titled “Japan Vegan Food Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry including the Japan vegan food market size, growth, share, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Industry Overview of Vegan Food
Vegan food is a dietary category that excludes all animal-derived products, including meat, dairy, eggs, and other animal by-products. It is included in a plant-based diet that emphasizes the consumption of fresh fruits, vegetables, pulses, grains, legumes, nuts, seeds, and other plant-based options. It can promote overall health by lowering the risk of chronic diseases, including heart complications, diabetes, and certain types of cancer. It also tends to be lower in saturated fats and cholesterol. Furthermore, as vegan food contributes to the decrement of harmful greenhouse gas emissions and the preservation of natural habitats, helping combat climate change and protect biodiversity, its demand is rising in Japan.
How Big Is the Japan Vegan Food Market?
The Japan vegan food market is projected to exhibit a growth rate (CAGR) of 11.2% during 2023-2028.
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What are the growth prospects and trends in the Japan vegan food industry?
At present, the increasing adoption of veganism as it reflects a commitment to animal welfare, advocating for a world where animals are not exploited for food production, represents one of the crucial factors impelling the market growth in Japan.
Besides this, the rising awareness about the health benefits related to the consumption of plant-based diets among consumers is contributing to the growth of the market in the country. In addition, the growing concerns about climate change, deforestation, and resource depletion, leading consumers to seek more sustainable and plant-based alternatives, are offering a favorable market outlook.
Apart from this, the increasing prevalence of numerous chronic ailments, such as obesity, diabetes, arthritis, and cardiovascular complications, is bolstering the growth of the market in Japan.
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What is included in market segmentation?
The report has segmented the market into the following categories:
Product Insights:
- Dairy Alternatives
- Cheese
- Dessert
- Snacks
- Others
- Meat Substitutes
- Tofu
- Texturized Vegetable Protein (TVP)
- Seiten
- Quorn
- Others
- Others
Source Insights:
- Almond
- Soy
- Oats
- Wheat
- Others
Distribution Channel Insights:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
Regional Insights:
- Kanto Region
- Kinki Region
- Central/ Chubu Region
- Kyushu-Okinawa Region
- Tohoku Region
- Chugoku Region
- Hokkaido Region
- Shikoku Region
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