Japan Poultry Feed Market Insights Forecasts to 2033

• The Market is Growing at a CAGR of 4.7% from 2023 to 2033
• The Japan Poultry Feed Market Size is Expected to Hold a Significant Share by 2033

The Japan Poultry Feed Market is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 4.7% from 2023 to 2033.

Market Overview

The food given to domesticated birds, such as ducks, chickens, and turkeys, to suit their nutritional demands for development, reproduction, and general well-being is referred to as poultry feed. It is made up of several materials, including wheat, corn, soybeans, cereals, and proteins. The production of eggs, layer hens, broiler chickens, ducks, geese, and exotic birds all utilize poultry feed. It helps to improve meat quality, boost egg output, and maximize growth rates. Additionally, poultry diet improves feather quality, increases reproductive performance, and confers disease resistance. Furthermore, the gradually increasing domestic demand is anticipated to drive significant expansion in the Japanese poultry feed industry in the upcoming years. It is anticipated that the nation's increased consciousness of animal rights and welfare will increase demand for poultry and poultry products. Additionally, the Japanese population's shifting eating preferences will generate a sizable market for organic and healthful feed items. Additionally, a recent US Department of Agriculture (USDA) Global Agricultural Information Network (GAIN) analysis projects that Japan's chicken output will increase in 2024 to satisfy robust demand driven by tourist consumption in the food service industry.

Report Coverage

This research report categorizes the market for the Japan poultry feed 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 poultry feed 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 poultry feed market.

Driving Factors

The provision of chicken feed in Japan is crucial to the country's expanding poultry industry. A consistent supply of healthy, balanced feed for poultry birds is required due to the high demand for poultry products, such as chicken and eggs, in Japan. Over time, the Japanese poultry feed industry has undergone significant change as a result of the dietary requirements of different chicken species and production methods. Additionally, poultry meat consumption in Japan was expected to be 14.4 kg per person in 2023. Japan is seeing an increase in the consumption of poultry meat as a source of protein and other vital nutrients, which is driving the demand for poultry feed in Japan. Additionally, increased production efficiency is the result of improvements in poultry farming techniques and technology. Furthermore, due to chicken production costs are lower in nations like Thailand and Brazil, Japan has been importing more of this meat. The market's overall supply has been greatly increased by this flood of imported chicken.  

Restraining Factors

Japan's strict laws and strict standards for food safety and animal welfare make production there relatively expensive. The cheaper, imported chicken makes it hard for these producers to compete.

Market Segmentation

The Japan poultry feed market share is classified into nature and form

• The conventional segment is expected to dominate the Japan poultry feed market during the forecast period.       

Based on the nature, the Japan poultry feed market is divided into conventional and organic. Among these, the conventional segment is expected to dominate the Japan poultry feed market during the forecast period. Compared to organic or specialty feeds, conventional chicken feed is typically less expensive to produce, making it a more practical option for both producers and consumers. Furthermore, even in isolated or underdeveloped areas, conventional feed is easily accessible due to its extensive production and delivery networks.

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

The Japan poultry feed market is segmented by form into mashed, pellets, crumbles, and others. Among these, the pellets segment is expected to hold a significant market share through the forecast period. The balanced blend of nutrients that pellets provide in each unit guarantees chickens a steady nutritional intake, which is necessary for the best possible growth and health.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan poultry feed 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

• Cargill Inc.
• Nutreco NV
• KYODO INTERNATIONAL, INC
• Alltech Inc.
• JAPAN NUTRITION Co. Ltd
• Nosan Corporation.
• Feedone 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 October 2022, animal feed brands Nucleoforce Aqua and Nucleoforce Livestock are distributed in Japan by Bioiberica, a multinational life science firm, in collaboration with Aska Animal Health Co. and Shintoa Corporation.

Market Segment

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

Japan Poultry Feed Market, By Nature

• Conventional
• Organic

Japan Poultry Feed Market, By Form

• Mashed
• Pellets
• Crumbles
• Others