Japan Edible Oil Market Overview, 2028

Japan Edible Oil Market Overview, 2028

Japan, a country celebrated for its culinary traditions and healthy diet, boasts a diverse and vibrant edible oil market. The Japanese people's love for cuisine is deeply rooted in their culture, and as a result, the edible oil market is a fascinating blend of tradition and innovation. In Japan, edible oils have held cultural significance for centuries. Soybean oil, known as ""daizu-abura,"" has been a staple since the Edo period (1603-1868) and remains a fundamental ingredient in Japanese cooking. It is used for everything from frying tempura to seasoning with soy sauce. Japan's aging population has led to a heightened focus on health and wellness. This trend has significantly impacted the edible oil market, with consumers seeking oils perceived as healthier options. Olive oil, rich in monounsaturated fats, has gained favor due to its potential cardiovascular benefits. Additionally, rice bran oil, known for its high smoke point and cholesterol-lowering properties, is making waves. Japan's diverse culinary traditions extend to regional preferences for edible oils. In the Kansai region, for example, sesame oil is a common choice for its robust flavor. On the other hand, in Kyushu, people favor lard for its contribution to rich and savory dishes. Regional cuisines and local preferences continue to influence oil choices across the country. The Japanese edible oil market is not immune to global trends. Sustainability and environmental consciousness are increasingly important factors for consumers. As a result, there is a growing demand for sustainably sourced oils and eco-friendly packaging.

According to the research report ""Japan Edible Oil Market Overview, 2028,"" published by Bonafide Research, the Japan Edible Oil market is projected to reach a market size of more than USD 3 Billion by 2028. Japan's aging population is leading to increased interest in health-promoting foods, including edible oils. Oils that cater to the specific dietary needs of elderly consumers, such as those with cholesterol-lowering properties, are gaining popularity. Globalization and increased exposure to international cuisines are influencing consumer preferences. Olive oil, in particular, has gained popularity due to its use in Mediterranean and international dishes. Japan's diverse culinary practices, including traditional medicine (Kampo), have contributed to the demand for specific edible oils. Traditional Japanese cuisine places great importance on certain edible oils, such as soybean oil and sesame oil. These oils have deep cultural significance and continue to be essential ingredients in many traditional dishes, providing a consistent source of demand. Globalization and increased exposure to international cuisines are influencing consumer preferences. Olive oil, renowned for its use in Mediterranean and international dishes, has gained popularity. Government initiatives related to health and nutrition can impact the edible oil market. Public health campaigns promoting healthier cooking oil choices can drive consumer preferences. The market for functional foods and nutraceuticals is growing in Japan, and edible oils with specific health benefits, such as rice bran oil with antioxidant properties, are positioned to cater to this demand. Japan Oilseed Processors Association (JOPA) is an industry association that represents the interests of oilseed processors and traders in Japan. They work closely with government agencies on industry-related issues. Japan Consumer Affairs Agency (CAA) is responsible for consumer protection and may be involved in issues related to food labeling and consumer information, which can impact edible oil products.

Based on the product types includes the soybean oil, palm oil, rapeseed oil, mustard oil, sunflower oil, olive oil, groundnut oil, coconut oil, corn oil, rice bran oil, sesame oil, cottonseed oil, and others (apricot, hazelnut, almond, macadamia, walnut, avocado, grape seed, cashew, Brazil nuts, canola, etc.). In Japan the palm oil consumption more after the soybean oil, Palm oil is often more affordable than other edible oils, making it an attractive option for budget-conscious consumers and food manufacturers. Its cost-effectiveness is a significant driver of consumption. The use of palm oil is prevalent in the production of processed and convenience foods, which have become increasingly popular in Japan. It is commonly used in snacks, baked goods, instant noodles, and various packaged foods. Globalization and exposure to international cuisines have led to the incorporation of palm oil into Japanese food products influenced by Western and Southeast Asian cooking styles. Furthermore, the Rapeseed Oil is growing market as the edible oil in japan, Rapeseed oil is known for its heart-healthy properties. It contains monounsaturated and polyunsaturated fats, which are considered healthier fats. Additionally, it is a good source of vitamin E and antioxidants. Japan produces rapeseed domestically, which supports a stable supply chain and encourages the consumption of domestically sourced products. Domestic production also aligns with the Japanese preference for locally sourced ingredients.

Based on the nature types includes the Conventional and Organic, among them the Conventional is leading market with the highest market share, Japanese consumers are highly familiar with the taste and cooking properties of conventional oils like soybean and rapeseed oil. They trust these oils for their culinary needs and may be resistant to changing to unfamiliar oils. Japan has a history of soybean and rapeseed cultivation, which supports a stable supply chain and ensures a consistent source of these oils. Conventional oils are also widely used in the food processing industry in Japan. They are key ingredients in various processed foods, including snacks, sauces, and ready-to-eat meals, due to their affordability and versatility. Based on the end user includes the Domestic, Industrial and Food Service, in country Food Service segment will grow at the highest cagr rate, Japan is experiencing a shift in eating habits, with an increasing number of people dining out or ordering takeout and delivery. The food service industry, which includes restaurants, cafes, and fast-food chains, caters to this growing trend of eating outside the home. Modern lifestyles in Japan are becoming busier, leading many individuals and families to rely on food service establishments for convenient meals. As a result, the food service industry is expected to continue expanding to meet the demand for quick and hassle-free dining options. Furthermore, the Professional chefs in the food service industry often experiment with different oils to create unique and appealing dishes. This innovation can lead to the adoption of specialty oils, enhancing the overall diversity of edible oils used in restaurants. As well as the Japan is a popular tourist destination, and the food service industry benefits from the influx of international visitors who seek to experience Japanese cuisine. These visitors often dine in restaurants, contributing to the industry's growth.

Distribution channel includes the offline and online, among them the offline channel is lead the Japan market with the highest market share, offline channel includes the convenience store, hypermarket/Supermarket, Direct Sales and others, Traditional Japanese consumers often prefer shopping for groceries in physical stores, where they can personally inspect the products, especially for items as essential as edible oil. This preference for in-store shopping aligns with cultural norms and habits. As well as the Shoppers in Japan value the ability to visually inspect the products they purchase, particularly for food items like edible oil. They want to check for factors like packaging quality, expiration dates, and product labeling, which is easier to do in physical stores. In Japan the convenience store is lead the market, Convenience stores are highly visible and widespread throughout Japan, even in rural areas. This extensive network ensures that consumers have easy access to these stores, making them a convenient choice for purchasing daily necessities, including edible oil. Convenience stores provide immediate access to products, allowing consumers to purchase edible oil and other essentials without the need for prior planning or waiting for delivery.

Considered in this report:
• Geography: Japan
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report:
• Japan Edible Oils market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Product Type:
• Soybean Oil
• Palm Oil
• Rapeseed Oil
• Mustard Oil
• Sunflower Oil
• Olive Oil
• Ground nut Oil
• Coconut Oil
• Corn Oil
• Rice bran Oil
• Sesame Oil
• Cottonseed Oil
• Others (apricot, hazelnut, almond, macadamia, walnut, avocado, grape seed, cashew, brazil nuts, canola etc)

By Nature:
• Conventional
• Organic

By End-User:
• Domestic
• Industrial
• Food Service

By Distribution Channel:
• Offline
• Convenience store
• Hypermarket/Supermarket
• Direct Sales
• Others
• Online

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Edible Oil industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.