Japan High Protein Plant Based Meat Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Burgers, Sausages, Nuggets, Meatballs, and Others), and By Source (Soy, Pea, Wheat, and Others), and Japan High Protein Plant Based Meat Market Insights, Industry Trend, Forecasts to 2033

Japan High Protein Plant Based Meat Market Insights Forecasts to 2033

• The Market Size is Growing at a CAGR of 9.84% from 2023 to 2033
• The Japan High Protein Plant Based Meat Market Size is Expected to Hold a Significant Share By 2033

The Japan High Protein Plant Based Meat Market Size is Anticipated to Hold a Significant Share By 2033, Growing at a CAGR of 9.84% from 2023 to 2033.

Market Overview

The section of the Japanese food business devoted to the manufacture, distribution, and consumption of high-protein plant-based meat substitutes is known as the "Japan high protein plant-based meat market." These goods meet Japanese consumers' increasing need for wholesome, sustainable, and health-conscious eating options. The demand for high-protein plant-based meat in Japan is also significantly influenced by environmental sustainability. Japan's traditional meat production, like that of other countries, uses a lot of resources and has a big environmental impact, which leads to problems including deforestation, water scarcity, and greenhouse gas emissions. Consumers in Japan are looking for more sustainable food options as awareness of these issues rises. A more environmentally friendly option is plant-based meats, which consume fewer resources to produce and cause fewer greenhouse gas emissions. The market for plant-based meat substitutes in Japan is rising as a result of growing awareness of this environmental advantage among businesses, consumers, and policymakers.

Report Coverage

This research report categorizes the market for the Japan high protein plant based meat market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan high protein plant based meat market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan high protein plant based meat market.

Driving Factors

Growing consumer preference for vegetarian and vegan diets in Japan, along with increasing awareness of the advantages plant-based diets have for both health and the environment, is the main growth factor propelling this industry in the country. The growing emphasis on health and well-being among customers is one of the key drivers of the high protein plant-based meat market's expansion in Japan. Concerns about health, weight control, and the avoidance of chronic diseases are making people in Japan more aware of what they eat and are driving a growing trend toward plant-based diets. In addition to being common in Japan, this change is also a result of the aging population there, which is more likely to choose healthier foods. Health-conscious Japanese consumers seeking wholesome substitutes for traditional meat find plant-based meat products especially appealing due to their high protein content.

Restraining Factors

There are a number of risks and difficulties facing the market for high-protein plant-based meat. The high cost of production and product pricing is one of the main obstacles. The cost of plant-based meat substitutes is frequently higher than that of conventional meat, which may prevent their widespread use.

Market Segmentation

The Japan high protein plant based meat market share is classified into product type and source.

• The burgers segment is expected to hold a significant market share through the forecast period.

The Japan high protein plant based meat market is segmented by product type into burgers, sausages, nuggets, meatballs, and others. Among these, the burgers segment is expected to hold a significant market share through the forecast period. One of the most well-known and extensively used product categories in this sector is hamburgers. Because it closely resembles the flavor and texture of classic beef burgers, the popularity of plant-based burgers has increased in recent years.

• The soy segment is expected to hold a significant market share through the forecast period.

The Japan high protein plant based meat market is segmented by source into soy, pea, wheat, and others. Among these, the soy segment is expected to hold a significant market share through the forecast period. This is because of its versatility and high protein content; soy is one of the most widely utilized ingredients in plant-based meat substitutes. Products made from soy have long been available and are well-liked by customers.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan high protein plant based meat market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Marukome Co., Ltd.
• Otsuka Foods Co., Ltd.
• Nisshin Oillio Group, Ltd.
• Fuji Oil Holdings Inc.
• Nippon Ham Foods Ltd.
• Itoham Foods Inc.
• Next Meats Co., Ltd.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In January 2023, an innovative Japanese food technology business called DAIZ Inc. received a strategic investment from Roquette, a well-known worldwide leader in plant-based ingredients and a pioneer in plant proteins. DAIZ Inc. has created innovative technology that combines a sophisticated extrusion technique with plant seed germination.

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Japan High Protein Plant Based Meat Market based on the below-mentioned segments:

Japan High Protein Plant Based Meat Market, By Product Type

• Burgers
• Sausages
• Nuggets
• Meatballs
• Others

Japan High Protein Plant Based Meat Market, By Source  

• Soy
• Pea
• Wheat
• Others