Japan Wet Pet Food Market was estimated at USD x.xx billion in 2023 and is expected to reach over USD x.xx billion by 2028, recording a considerable CAGR throughout the forecast period (2022 - 2027).
Animal feed, which consists of a high percentage of water, between 75% and 85%, together with other dry ingredients, is called wet pet food. It is often high in protein and fat and provides energy and essential nutrients necessary for metabolism.
Recent Developments
Mars, Incorporated, and Doane Pet Care Company, a Nashville, Tennessee-based manufacturer of dry pet foods, announced that the former had entered into an agreement to acquire Doane's parent company, Doane Pet Care, Inc.
The purchase of Ainsworth Pet Nutrition LLC in 2018 has been the leading driver of JM Smucker Co.'s performance for the fiscal year 2019. The company's other business units: US Retail Coffee, US Retail Consumer Foods and International, and Far From Home year.
Japan Wet Pet Food Market Drivers and Restraints:
Japanese customers spent more money on premium wet cat food. Cats are gaining popularity, especially in more densely populated areas. Generally considered less demanding than dogs, they are considered good companions. Gourmet cat products are essential for growth stimulation as cat owners are increasingly feeding their cats premium treats as well and mixers have seen exciting growth, but mixers remain a niche category.
Japan Wet Pet Food Market Segmentation:
by distribution channel
offline retailers
online retailers
The supermarkets and hypermarkets segment of the offline retailer's segment in the Japan Wet Pet Food Market is estimated to have a dominant market share, while the online retailer's segment is estimated to grow fastest. Supermarkets and hypermarkets are convenience stores that offer a wide variety of pet products, such as pet food, pet toys, pet houses, and more pet health care products. This also includes mass merchants, discount stores, or masses/clubs. These products are placed in eye-catching assortments on shelves and organized sections to attract customers.
By application
residential
commercial
Japan Wet Pet Food Market Regional Analysis:
The leading distribution channel for pet food in Japan is mainly because of imports; specialty pet food, and in a few cases, secondary wholesaler providers to retailers. In the case of Japanese manufacturers that have production facilities abroad, the products are imported directly within the company or through its subsidiaries and then distributed to retailers through wholesalers as described above. Although there are cases where retailers buy directly from importers, these cases are limited. Supermarkets and pharmacies are also important players in pet food distribution in Japan.
Key Players
Nutriara Alimentos Ltd.
Mars Inc.
Maruha Nichiro Holdings Inc
Colgate Palmolive (Hill's Pet Nutrition)
Nestle SA (Purina)
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