The Market value (retail sales value) of Juices Industry in Japan attained a value of USD 3,502.11 Millions in 2020
The Industry recorded a historical decline (CAGR) of 3.65% between 2017 to 2020, and is expected to grow by ...
GlobalData projects the Industry to grow at a CAGR of ...
The juices industry in Japan was steadily growing between 2017-19 and reported a low double-digit YoY decline in 2020.
Kagome Co., Ltd., Ito En Ltd, Coca-Cola, PepsiCo, and Welch Food Inc held the top five leading market positions in the juices industry in Japan. The top five players held a major market share in the juices industry in Japan in 2020.
Kagome, Ito En, Minute Maid, Tropicana, and Welch`s were the leading brands in Japan’s juice industry.
Juice includes 100% pure fruit juice or vegetable juice with no added ingredients, except permitted minerals and vitamins for the purpose of fortification and permitted additives. It may contain pulp and cells from the same kind of fruit.
Kagome Co., Ltd. leads the juices industry in Japan in 2020
Kagome Co., Ltd was the leading company in the Japanese juices market (by value) in 2020. Among the brands selling juice products in Japan, Kagome, the sole brand of Kagome Co., Ltd., was the largest market shareholder.
Ito En Ltd ranked second in the juices industry in Japan
Ito En Ltd was the second largest company in the Japanese juices market (by value) in 2020. Ito En, one of the prominent brands selling juices items in Japan, operates under Ito En Ltd.
The other leading market positions in the juices market in Japan were held by Coca-Cola, PepsiCo, and Welch Food Inc.
Coca-Cola, PepsiCo, and Welch Food Inc. were among some of the other prominent companies in the Japanese juices market, owning major brands Minute Maid, Tropicana, and Welch`s, respectively.
Market Fragmentation: The market is highly concentrated, with the top two players accounting for more than a half of Japan’s juice market (by value) in 2020
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