Japan Food Service Market size was valued at USD xx million in 2023 and is determined to reach USD xx million by the end of 2028 at a CAGR of xx%
Overview:
Foodservice refers to the provision of food that is made outside the home to the public. There are many different companies in the catering industry that offer these services. Food services also called the catering industry or business, provide packaged food as well as service in real-time. The catering industry includes a wide variety of restaurants, including fast food/quick-service restaurants, full-service restaurants, limited-service restaurants, and specialty catering establishments. Foodservice establishments are divided into fast-food restaurants, caterers, nightclubs, and commercial establishments, including recreational establishments. Non-commercial stores that contain food operations that operate on the premises of organizations such as schools, hospitals, military bases, etc.
Recent Development:
In January 2018, Yoshinoya Holdings Co, Ltd opened the Tokyu Chuorinkan station store in line with its expansion strategy.
Japan Food service Market Growth
Changes in taste preferences, along with altering preferences for ready-to-eat foods and increasing demand for new and personalized food options, have fueled the growth of the Japan Food Service market, along with the surge in millennial workforce.
Food consumption habits have changed as commercial spaces such as cafes and restaurants have become a place where people spend their time socializing. Innovative food consumption among working-class of millennials is increasing the Japan Food Service market growth. The rise of food platters combined with the development of the messaging feature and the increased adoption of new and different food menus have greatly expanded the growth of the Japan Food Service market. The adoption of a fast-paced lifestyle and the exclusion of home cooking as part of a domestic activity has increased demand for non-traditional ready-to-eat foods and a combination of different ingredients with different flavors, increasing the demand for the Japanese market. Due to the busy work schedule, there is a growing need for convenient options in terms of cooking and serving. The main reason for this is the need for those foods, as the readiness and time to cook fresh meals is particularly low after a stressful and busy day at work, and millennial consumers see an increase in nuclear families combined with a double-income environment. This contributes greatly to the growth of the Japan Food Service market, replacing low-cost homemade food options. There is an increased need for functional foods in the industry today, as people demand healthy foods and tasty pairs. Once again, this is a major growth engine for the Japan Food Service industry. This also drives the demand for takeout and personalized menus, driving gamers to innovation and product improvement. Due to Japan's high business income and steady job growth, consumers prefer to eat outside. The Japanese food industry produces various food products, such as traditional local, international, and health-oriented food for all populations. Since male consumers visit all types of full-service restaurants more often than female consumers, the frequency of cookouts varies by gender.
On the other hand, the population aged 18 to 24 had the highest monthly average frequency of eating out, followed by the population aged 25 to 34. The growth of the Japan Foodservice market is driven by higher demand for food services due to increased disposable income, increased external demand for food in emerging markets, and changes in demographics and household identities. Key trends prevailing in the industry include the rise of industry mergers and acquisitions Japan Foodservice and increased adoption of technology for day-to-day functions. The foodservice market is expected to grow significantly with the growing demand for ready-to-eat outdoor food and accessibility around the region. Due to better packaging, foodservice provides consumers with healthy and hygienic food. It is also widely used in universities, schools, restaurants, cafeterias, offices, etc. Also, several fast-food companies are eating out to increase their presence. As the consumption of snacks and meals in caterers increases, consumer demand for a wide variety of foods increases, and there is an entertainment value to eating out, the convenience these services provide.
Additionally, in line with health trends, the Japan Food Service market offers healthier options for conscientious consumers. The catering market is increasingly looking for applications in universities, schools, restaurants and others. People studying in college, school or office tend to eat daily in places like coffee shops that follow the existing catering system. Additionally, commercial restaurants and cafes stimulate market growth by emerging as convenient place for youth, families, and young professionals to socialize and relax. Consumers are offered a variety of alternatives to tailor their meals to their tastes, diets, and budget preferences. Professionals who work with millennials are the main target consumers in the Japan Food Service market due to their growing preference for foods that are easy to get, uncomplicated, nutritious and hygienic.
Maintaining the consistency and hygiene of food quality, along with requirements such as large numbers of labor and food safety, comes at a high cost. These factors will pose some challenges for the Japan Food Service market. Factors such as the country's political and economic instability, a shortage of qualified personnel in the industry, and rising food costs are challenging the growth of the Japan Food Service industry. However, concerns about healthy and unhealthy foods, especially in the segment of ready-to-eat foods that use processed and synthetic ingredients, are also hampering the Japan Food Service business growth.
Japan Foodservice Market Segmentation
By place type
full-service restaurants
quick service restaurants
food junctions
cafeterias/buffets
bars and managed food service
The increase in restaurants, cafes, places to eat, etc., offering different experiences due to the increased involvement of the commercial sector, food menus, flavors and cuisines that add to the value that these services provide. The growing preference for younger populations to visit these places to socialize, interact and spend time has increased market share in the sector.
On the basis of the end-user,
industrial premises
commercial and office premises
hospital & nursing homes
educational premises
in-transit food service
sports centers/malls
The Japan Food Service market is dominated by the increasing frequency of dining out as strength schedules and cross-cultural dieting patterns increase due to the strong presence of catering service providers serving Japanese, Korean dishes, ethnic and western. In general, Japanese consumers have very high requirements, place great emphasis on quality and brand, and are willing to devote more resources to value-added products. The latest trend in Japanese food service is putting calories on a restaurant menu. With respect to this general trend, products with high interest in low sugar content are considered healthier and are expected to lead the Japan Food Service market.
Aramark Corporation
Compass Group PLC
Thompson Hospitality Services LLC
Sodexo, Inc.
Delaware North Companies, Inc.
Elior Group SA
dnata Ltd., DO & CO Aktiengesellschaft
Newrest. Group International SAS
Goddard Catering Group Ltd.
Ocean Catering Company
TajSATS Air Catering Limited
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 800
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: sales@marketdataforecast.com
Reports By Region