Do. Aug 29th, 2024

Japan feed additives market is projected to witness a CAGR of 5.12% during the forecast period FY2025-FY2032, growing from USD 0.71 billion in FY2024 to USD 1.06 billion in FY2032. The market is an essential part of the country’s agriculture and livestock sectors, compelled by the need to have high-quality animal nutrition. The scarcity of local resources has made Japan to depend on imports for most of its livestock feed which in turn continues to increase the need for feed supplements that can improve the nutrient content of feeds, promoting better health status and enhancing productivity in the forecast years.

The key factors driving the growth of feed additives market are enhanced consumer awareness regarding food safety, increased consumption of meat and dairy products, and the necessity for more efficient livestock production methods. Despite higher retail prices, by 12% in 2022 and 16% in 2023, as compared to 2019, pork consumption in Japan rose by 7% in quantity in 2022 and during the first five months of 2023.

The market is strongly affected by innovation as organizations channel funds into research and development, aimed at coming up with other, more efficient and organic additives. Furthermore, the focus on decreasing the number of antibiotics used in livestock production has led to a surge in requirements for alternatives which are meant to enhance animal wellbeing without any dependence upon anti-microbial agents.

Difficulties have been posed by varying costs of raw materials and complex regulatory frameworks which must be complied. Nevertheless, possibilities exist within the context of increasing demand for organic and natural feed additives, caused by consumers’ inclination towards meats and dairy products that are sustainably produced. As a result, Japan feed additives market is expected to maintain a moderate growth trajectory, underpinned by innovations and diversification of consumer preferences.

Rising Demand for Meat and Dairy Products Fuels Market Growth

Feed additives market in Japan is mainly driven by increased demand for meat and dairy products. There has been a shift towards higher consumption of meat and dairy products as Japanese citizens seek diets rich in proteins. Changing lifestyles, urbanization, and the impact of Western style eating habits are driving forces behind the rising demand for beef, pork, poultry, milk, and its derivatives such as cheese or yogurt.

In 2022, 3.9 million tons of meat was sold in Japan. With 1.8 million tons, which is 46.1% of meat sales. Pork accounted for the highest amount of meat sold in Japan, followed by poultry of 1.3 million tons and beef of 0.8 million tons.

To respond to this requirement, farmers raising livestock are forced to increase production rate and assuring quality of products. The result has been an increased demand for high quality feed additives that can stimulate growth rate in animals, enhance feed efficiency, and maintain wellness in livestock. Optimizing animal nutrition using feed additives such as vitamins, minerals, and enzymes has a direct influence on yield and quality of meat and milk.

In addition, growing emphasis is being placed on additives that promote production of healthier, safer, and more nutritious animal products due to the fact that consumers are becoming more aware of food safety and quality.

Click here: https://www.marketsandata.com/industry-reports/japan-feed-additives-market

Focus on Reducing Methane Emissions Catalyze Market Expansion

In livestock production, there is an increasing emphasis placed on reducing methane emissions, making more impact on Japan feed additives market. Methane is a strong greenhouse gas, and is mainly produced during digestion process by ruminant animals such as cows. As Japan reaffirms its commitment to environmental conservation and lessening greenhouse gas discharges, greater attention is being paid towards curbing methane release from animals which are significant agricultural pollutants.

It was estimated that a dairy cow’s burps release 500 liters of methane every day. Roughly 5% of global greenhouse gas emissions are attributed to the belches of ruminant animals, such as cattle.

In May 2024, Sunshiki Co. tried to mass-produce seaweed to help lower methane gas released in cattle burps. The business discovered that adding certain seaweed to cattle’s diets reduces greenhouse gas emissions from cow belches.

In this endeavor, the role of feed additives is paramount. It has been observed that certain enzymes, probiotics, and essential oils can modify the rumen fermentation process, thus reducing methane output during digestion. Apart from reducing the ecological footprint caused by livestock farming, these additives are known to enhance feed efficiency and animal output making them a desirable option for farmers.

Download Free Sample Report

Ruminants Hold a Larger Market Share

Ruminants, most notably cattle, have monopolized the market for feed additives in Japan. It is due to the fact that beef and dairy industries are essential parts of Japan’s agriculture, making ruminants a crucial area of concern. Thus, high quality beef such as wagyu and milk products create a need for sophisticated feed additives that can enhance animal health, productivity, and product quality.

Feed additives for ruminants play a pivotal role in improving feed efficiency, enhancing digestion and increasing overall livestock productivity. It applies more specifically to dairy cows, for maintaining milk yield and quality, and beef cattle for premium beef production that relies on them. Furthermore, Japan’s increased focus on reducing methane emissions from livestock has resulted in higher demand for feed additives that reduce methane output by ruminants.

In May 2024, a memorandum of understanding was signed by Meiji Holdings Co., Ltd. and DSM-Firmenich AG to improve the sustainability of Japanese dairy farming by implementing Bovaer. This is Asia’s first accord of its kind. Methane emissions from dairy and feedlot can be decreased by about 30% and 45%, respectively, with the use of Bovaer.

The domination of ruminants in the feed additives industry is reinforced by the country’s commitment to food safety, sustainability, and meeting the high-quality parameters that are crucial for both domestic and foreign markets for meat and milk products originating from Japan.

Future Market Scenario (FY2025 — FY2032F)

1. With increased attention towards climate change across the world, Japan is expected to improve its efforts in minimizing the effects of livestock production on the environment. This will, in all probability, increase the need for feed additives which lower methane release and improve feed efficiency.

2. The future of feed additives market would highly rely on innovations in biotechnology and in precision nutrition.

Report Scope

“Japan Feed Additives Market Assessment, Opportunities and Forecast, FY2018-FY2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and qualitative and quantitative assessment of the current state of Japan feed additives market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between FY2025 and FY2032. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business models, competitive intelligence, etc.

Contact
Mr. Vivek Gupta
5741 Cleveland street,
Suite 120, VA beach, VA, USA 23462
Tel: +1 (757) 343–3258
Email: info@marketsandata.com
Website: https://www.marketsandata.com

Pressemitteilung teilen:

Schreibe einen Kommentar

Das könnte Sie auch interessieren:

Die Strömungsumlenker Der Marktbericht ist ein Leitfaden, der alle notwendigen Informationen zum Markt wie Wert, Wachstumsfaktor, Trends, Marktanteil, Größe und Herausforderungen für den prognostizierten Zeitraum 2023–2032 enthüllt. Darüber hinaus gibt dieser Bericht einen umfassenden Überblick über die im Bericht enthaltenen Inhalte wie Segmentierung, regionale Bewertung, die intelligente Strategie der wichtigsten Akteure und auch ihren Marktanteil. Kurz gesagt, der Bericht fasst alle wichtigen Punkte zusammen, die dazu beitragen, wichtige Aspekte des Marktes zu kommunizieren. Der Forschungsbericht umfasst auch die umfassenden Profile der wichtigsten Akteure auf dem Markt und einen detaillierten Überblick über die weltweite Wettbewerbslandschaft. Zu den wichtigsten Akteuren auf dem Markt für Durchflussumlenker gehören Medtronic plc, Stryker Corporation, MicroVention Inc. (Terumo Corporation), Balt, MicroPort, Scientific Corporation, Phenox GmbH, Acandis GmbH, Cerus Endovascular Inc., CERENOVUS (Johnson & Johnson Services Inc.), InspireMD Inc. Dieser Abschnitt enthält einen ganzheitlichen Überblick über die Wettbewerbslandschaft, der verschiedene strategische Entwicklungen wie wichtige Fusionen und Übernahmen, zukünftige Kapazitäten, Partnerschaften, Finanzübersichten, Kooperationen, neue Produktentwicklungen, Markteinführungen neuer Produkte und andere Entwicklungen umfasst. Weitere Informationen zum „Global Flow Diverters Market Research Report“ erhalten Sie, indem Sie ein KOSTENLOSES Probeexemplar anfordern unter https://www.valuemarketresearch