Japanese baby food market showcases a stagnant growth: Ken Research - PowerPoint PPT Presentation


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Japanese baby food market showcases a stagnant growth: Ken Research


The baby food market saw ups and downs between 2009 and 2015, milks took 65% and meals & others took 35% of the market by value in 2015. – PowerPoint PPT presentation

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Title: Japanese baby food market showcases a stagnant growth: Ken Research

Japanese baby food market showcases a stagnant
growth Ken Research
Ken research announced its recent production on
Baby Food in Japan concentrates on offering the
bits of knowledge on the Japanese baby food
market which further incorporates the scope of
the market, the market share of different
segments also the macro economic conditions of
Japan and how the baby food market has evolved,
furthermore it also examines the prospects of
this market and their purchasing patterns or
attitudes towards the baby food. This production
offers the current and forecast behaviour trends
in each category to identify the best
opportunities to exploit.
Japan and its birth rate Economic development
generally leads to more access to education and
employment for women, but household policies and
basic anticipations change at a much slower pace.
The outcome of such situation turns out to be,
the family-work hassle intensifies and women
postpone marriage and childbirth or remain
childless. This is what Japan is witnessing
lately. Catastrophe is one of the adjectives
most usually used to explain Japans demographic
condition an aging society full of sexless
couples having very less or fewer babies.
Fertility is below recovered level, births are
being postponed. But the situation is not yet
that worse.
Japan has never made it into the top 10 of
nations experiencing the lowest total fertility
rates (TFR) which is the average quantity of
children a woman bears over her lifetime. And
since 2005, when it lowered out at 1.26 births
per woman, the TFR has been slowly but steadily
growing although the government is speculating
what it hopes is a slight blip a 0.01-point dip
for 2015. According to the World Data Bank, in
2013 Japan, with its 1.43 TFR, was doing better
than South Korea and Singapore (both 1.19), Hong
Kong (1.12) and Germany (1.38). Despite of the
total fertility rate declining, the sales of baby
food elevated in 2015 The number of infants has
reliably declined in Japan in the course of the
most recent 20 years, from 1.2 million in 1990 to
less short of what one million in 2015. The
rising costs of raising children, especially the
expanded costs of education and sustenance, have
brought about a developing number of wedded
couples choosing to have no child or just a
single kid and this is bringing on the quantity
of infants to decrease.
Despite the fact that sales of baby food are
ordinarily impacted by the number of newborn
babies rather than economic conditions, current
value sales of baby food increased in 2015. An
expansion in the number of working mothers
lacking the time to prepare less costly baby food
elevated sales of prepared baby food in 2015,
bringing on an uptick in value sales. Competitive
landscape Meiji kept up its driving position in
child food in Japan in 2015. Meiji is specialized
in milk equation, particularly standard milk
recipe and follow-on milk equation. The
organization's advantage over its rivals is that
Meiji's milk equation is the closest to regular
mother's milk Meiji is the main organization
that has effectively formulated arachidonic acid,
a chemical compound normally contained in
mother's milk that encourages development in
memory and mindset of infants, in milk recipe.
This preferred standpoint, alongside compelling
promotional and marketing effort, has helped the
organization to build up a solid brand picture
among buyers. Besides, Meiji is the creative
pioneer in milk equation organizing. The
cube-type milk formula it initially propelled in
2007 has for some time been a hit as it satisfies
the requirements of occupied mothers by
empowering them to make milk all the more rapidly
and effectively at home and outside the
house. For more coverage tap on the link
below https//www.kenresearch.com/consumer-produc
Related Reports https//www.kenresearch.com/consu
sia/66049-95.html https//www.kenresearch.com/con
i-arabia/66048-95.html Contact Ken
Research Ankur Gupta, Head Marketing
Communications query_at_kenresearch.com 91-124-42302
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