Demand for texturized vegetable protein in Japan is anticipated to rise at a CAGR of 8.6% through 2033. Consumers in Japan have become increasingly aware of their health and are looking for plant-based and protein-rich food alternatives. Sales of texturized vegetable protein are anticipated to grow considerably, surging from US$ 39 million in 2023 to around US$ 89 million by 2033.
Key Highlights
Changing Dietary Preferences Drives Demand for Texturized Vegetable Protein
Japan has seen a notable rise in the number of individuals following vegetarian or vegan diets. Texturized vegetable protein is an ideal choice for them due to its high protein content and meat-like texture. The demand for TVP is also increasing due to the rise in the number of flexitarian consumers. These individuals are incorporating more plant-based foods into their diets while occasionally consuming meat. TVP fits well within their dietary choices, offering a balance of nutrition and culinary versatility.
Attributes | Key Statistics |
---|---|
Industry Size of Texturized Vegetable Protein in Japan (2023) | US$ 39 million |
Anticipated Industry Size of Texturized Vegetable Protein in Japan (2033) | US$ 89 million |
Expected CAGR (2023 to 2033) | 8.6% |
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The texturized vegetable protein industry is heavily reliant on changing trends in the dietary preferences of individuals. Japan is a country with a diverse culinary culture. The growing demand for texturized vegetable protein in recent times signifies its acceptance by the Japanese people in their day-to-day lives. During the COVID-19 outbreak, there was a spike in demand for TVP-induced products as people stocked up large quantities due to their long shelf-life and nutritional properties.
Following the same pattern, the demand for texturized vegetable protein in Japan is expected to continue its growth trajectory. The increasing consumer awareness of health and sustainability and the expanding popularity of plant-based diets are driving the industry growth.
Attributes | Key Statistics |
---|---|
Industry Size of Texturized Vegetable Protein in Japan (2018) | US$ 27 million |
Industry Size of Texturized Vegetable Protein in Japan (2022) | US$ 36 million |
Historical CAGR (2018 to 2022) | 7.5% CAGR |
Soy protein is rich in essential amino acids and has a high protein content, making it a preferred choice for plant-based protein sources, such as texturized vegetable protein. On the basis of product type, soy protein dominates the texturized vegetable protein sales in Japan, with a global revenue share of 67.4%. The demand for soy-infused TVP products is also rising due to their anti-allergic capabilities. With the aging Japanese population, the demand for texturized vegetable protein as a meat substitute is likely to foresee tremendous growth.
Top Product Type | Soy Protein |
---|---|
Industry share | 67.40% |
Japanese cuisine is highly adaptable globally. Many individuals are turning toward vegan alternatives in breakfast options that don't just replicate meat but also have nutritional value. On the basis of form, granules hold a global share of 32.7% of the overall texturized vegetable protein industry. The demand for protein in granule form is also rising because it closely replicates the texture of ground meat, making it a popular choice for recipes such as chili, spaghetti sauce, and tacos.
Top Form | Granules |
---|---|
Industry share | 32.70% |
The demand for texturized vegetable protein (TVP) in Japan is still in its nascent phases, as there is still a lot of room for awareness among the people. While the industry is gradually gaining traction, it presents a significant opportunity for growth over the coming years. As consumers in Japan become more health-conscious and environmentally aware, the demand for plant-based protein alternatives, like TVP, is expected to rise. With the right marketing strategies, product innovations, and education campaigns, the future of Japan's TVP industry holds the potential for substantial development.
Recent Developments
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Attribute | Details |
---|---|
Estimated Valuation (2023) | US$ 39 million |
Projected Valuation (2033) | US$ 89 million |
Anticipated CAGR (2023 to 2033) | 8.6% CAGR |
Historical Analysis of Demand for Texturized Vegetable Protein in Japan | 2018 to 2022 |
Demand Forecast for Texturized Vegetable Protein in Japan | 2023 to 2033 |
Quantitative Units | Revenue in US$ million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Key Cities Analyzed while Studying Opportunities in Texturized Vegetable Protein in Japan | Kanto, Chubu, Kinki, Kyushu & Okinawa, Tohoku, Rest of Japan |
Key Companies Profiled | Archer Daniels Midland Company; CHS Inc.; Roquette Frères; Beneo GmbH; Danisco A/S; Vestkron A/S; Cargill Inc.; FUJI OIL CO., LTD.; Puris Proteins, LLC.; Ingredion Inc. |
The anticipated CAGR for texturized vegetable protein in Japan is 8.6% through 2033.
Demand for texturized vegetable protein in Japan is likely to be US$ 89 million by 2033.
Soy protein is the preferred product type for texturized vegetable protein in Japan due to its high nutritional value and texture, similar to meat.
Texturized vegetable protein granules are widely consumed by the Japanese population.
Health awareness, environmental concerns, and shifting dietary preferences drive TVP demand in Japan.
1. Executive Summary 1.1. Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (MT) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (MT) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Nature 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Nature, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Nature, 2023 to 2033 5.3.1. Organic 5.3.2. Conventional 5.4. Y-o-Y Growth Trend Analysis By Nature, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Nature, 2023 to 2033 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Product Type, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Product Type, 2023 to 2033 6.3.1. Soy Protein 6.3.1.1. 10-40% Protein 6.3.1.2. 40-50% Protein 6.3.1.3. 50-65% Protein 6.3.1.4. 70-90% Protein 6.3.2. Wheat Protein 6.3.2.1. 10-40% Protein 6.3.2.2. 40-50% Protein 6.3.2.3. 50-65% Protein 6.3.2.4. 70-90% Protein 6.3.3. Pea Protein 6.3.3.1. 10-40% Protein 6.3.3.2. 40-50% Protein 6.3.3.3. 50-65% Protein 6.3.3.4. 70-90% Protein 6.3.4. Rice Protein 6.3.5. Faba Bean Protein 6.3.6. Lentil Protein 6.3.7. Flax Protein 6.3.8. Chia Protein 6.3.9. Corn Protein 6.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Form 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Form, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Form, 2023 to 2033 7.3.1. Chunks 7.3.2. Slices 7.3.3. Flakes 7.3.4. Granules 7.4. Y-o-Y Growth Trend Analysis By Form, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Form, 2023 to 2033 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End-Use 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By End-Use, 2018 to 2022 8.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By End-Use, 2023 to 2033 8.3.1. Household 8.3.2. Industrial 8.3.2.1. Bakery 8.3.2.2. Snacks 8.3.2.3. Ready Meals 8.3.2.4. Sports Nutrition 8.3.2.5. Clinical Nutrition 8.3.2.6. Baby Food 8.3.2.7. Meat Analogues 8.3.2.8. Others 8.3.2.9. Animal Feed & Pet Food 8.3.3. Commercial 8.3.4. Granules 8.4. Y-o-Y Growth Trend Analysis By End-Use, 2018 to 2022 8.5. Absolute $ Opportunity Analysis By End-Use, 2023 to 2033 9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Process Type 9.1. Introduction / Key Findings 9.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Process Type, 2018 to 2022 9.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Process Type, 2023 to 2033 9.3.1. Dry TVP 9.3.2. Wet TVP 9.4. Y-o-Y Growth Trend Analysis By Process Type, 2018 to 2022 9.5. Absolute $ Opportunity Analysis By Process Type, 2023 to 2033 10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 10.1. Introduction / Key Findings 10.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Distribution Channel, 2018 to 2022 10.3. Current and Future Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Distribution Channel, 2023 to 2033 10.3.1. Direct 10.3.2. Indirect 10.3.2.1. Store Based Retailing 10.3.2.2. Hypermarkets/Supermarket 10.3.2.3. Convenience Stores 10.3.2.4. Traditional Grocery Retailers 10.3.2.5. Food & Drink Speciality 10.3.2.6. Online Retail 10.4. Y-o-Y Growth Trend Analysis By Distribution Channel, 2018 to 2022 10.5. Absolute $ Opportunity Analysis By Distribution Channel, 2023 to 2033 11. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 11.1. Introduction 11.2. Historical Market Size Value (US$ Million) & Volume (MT) Analysis By Region, 2018 to 2022 11.3. Current Market Size Value (US$ Million) & Volume (MT) Analysis and Forecast By Region, 2023 to 2033 11.3.1. Kanto 11.3.2. Chubu 11.3.3. Kinki 11.3.4. Kyushu & Okinawa 11.3.5. Tohoku 11.3.6. Rest of Japan 11.4. Market Attractiveness Analysis By Region 12. Kanto Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 12.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Nature 12.2.2. By Product Type 12.2.3. By Form 12.2.4. By End-Use 12.2.5. By Process Type 12.2.6. By Distribution Channel 12.3. Market Attractiveness Analysis 12.3.1. By Nature 12.3.2. By Product Type 12.3.3. By Form 12.3.4. By End-Use 12.3.5. By Process Type 12.3.6. By Distribution Channel 12.4. Key Takeaways 13. Chubu Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 13.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Nature 13.2.2. By Product Type 13.2.3. By Form 13.2.4. By End-Use 13.2.5. By Process Type 13.2.6. By Distribution Channel 13.3. Market Attractiveness Analysis 13.3.1. By Nature 13.3.2. By Product Type 13.3.3. By Form 13.3.4. By End-Use 13.3.5. By Process Type 13.3.6. By Distribution Channel 13.4. Key Takeaways 14. Kinki Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 14.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Nature 14.2.2. By Product Type 14.2.3. By Form 14.2.4. By End-Use 14.2.5. By Process Type 14.2.6. By Distribution Channel 14.3. Market Attractiveness Analysis 14.3.1. By Nature 14.3.2. By Product Type 14.3.3. By Form 14.3.4. By End-Use 14.3.5. By Process Type 14.3.6. By Distribution Channel 14.4. Key Takeaways 15. Kyushu & Okinawa Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 15.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Nature 15.2.2. By Product Type 15.2.3. By Form 15.2.4. By End-Use 15.2.5. By Process Type 15.2.6. By Distribution Channel 15.3. Market Attractiveness Analysis 15.3.1. By Nature 15.3.2. By Product Type 15.3.3. By Form 15.3.4. By End-Use 15.3.5. By Process Type 15.3.6. By Distribution Channel 15.4. Key Takeaways 16. Tohoku Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 16.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 16.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 16.2.1. By Nature 16.2.2. By Product Type 16.2.3. By Form 16.2.4. By End-Use 16.2.5. By Process Type 16.2.6. By Distribution Channel 16.3. Market Attractiveness Analysis 16.3.1. By Nature 16.3.2. By Product Type 16.3.3. By Form 16.3.4. By End-Use 16.3.5. By Process Type 16.3.6. By Distribution Channel 16.4. Key Takeaways 17. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 17.1. Historical Market Size Value (US$ Million) & Volume (MT) Trend Analysis By Market Taxonomy, 2018 to 2022 17.2. Market Size Value (US$ Million) & Volume (MT) Forecast By Market Taxonomy, 2023 to 2033 17.2.1. By Nature 17.2.2. By Product Type 17.2.3. By Form 17.2.4. By End-Use 17.2.5. By Process Type 17.2.6. By Distribution Channel 17.3. Market Attractiveness Analysis 17.3.1. By Nature 17.3.2. By Product Type 17.3.3. By Form 17.3.4. By End-Use 17.3.5. By Process Type 17.3.6. By Distribution Channel 17.4. Key Takeaways 18. Market Structure Analysis 18.1. Competition Dashboard 18.2. Competition Benchmarking 18.3. Market Share Analysis of Top Players 18.3.1. By Regional 18.3.2. By Nature 18.3.3. By Product Type 18.3.4. By Form 18.3.5. By End-Use 18.3.6. By Process Type 18.3.7. By Distribution Channel 19. Competition Analysis 19.1. Competition Deep Dive 19.1.1. Kurakon 19.1.1.1. Overview 19.1.1.2. Product Portfolio 19.1.1.3. Profitability by Market Segments 19.1.1.4. Sales Footprint 19.1.1.5. Strategy Overview 19.1.1.5.1. Marketing Strategy 19.1.1.5.2. Product Strategy 19.1.1.5.3. Channel Strategy 19.1.2. Cargill Inc. 19.1.2.1. Overview 19.1.2.2. Product Portfolio 19.1.2.3. Profitability by Market Segments 19.1.2.4. Sales Footprint 19.1.2.5. Strategy Overview 19.1.2.5.1. Marketing Strategy 19.1.2.5.2. Product Strategy 19.1.2.5.3. Channel Strategy 19.1.3. Alishan Organic Textured Soy Protein 19.1.3.1. Overview 19.1.3.2. Product Portfolio 19.1.3.3. Profitability by Market Segments 19.1.3.4. Sales Footprint 19.1.3.5. Strategy Overview 19.1.3.5.1. Marketing Strategy 19.1.3.5.2. Product Strategy 19.1.3.5.3. Channel Strategy 19.1.4. Fuji Oil Company Limited 19.1.4.1. Overview 19.1.4.2. Product Portfolio 19.1.4.3. Profitability by Market Segments 19.1.4.4. Sales Footprint 19.1.4.5. Strategy Overview 19.1.4.5.1. Marketing Strategy 19.1.4.5.2. Product Strategy 19.1.4.5.3. Channel Strategy 19.1.5. Miracle Meats 19.1.5.1. Overview 19.1.5.2. Product Portfolio 19.1.5.3. Profitability by Market Segments 19.1.5.4. Sales Footprint 19.1.5.5. Strategy Overview 19.1.5.5.1. Marketing Strategy 19.1.5.5.2. Product Strategy 19.1.5.5.3. Channel Strategy 19.1.6. Puris Proteins, LLC. 19.1.6.1. Overview 19.1.6.2. Product Portfolio 19.1.6.3. Profitability by Market Segments 19.1.6.4. Sales Footprint 19.1.6.5. Strategy Overview 19.1.6.5.1. Marketing Strategy 19.1.6.5.2. Product Strategy 19.1.6.5.3. Channel Strategy 19.1.7. Rice protein-based meat analogues 19.1.7.1. Overview 19.1.7.2. Product Portfolio 19.1.7.3. Profitability by Market Segments 19.1.7.4. Sales Footprint 19.1.7.5. Strategy Overview 19.1.7.5.1. Marketing Strategy 19.1.7.5.2. Product Strategy 19.1.7.5.3. Channel Strategy 19.1.8. Archer Daniels Midland Company 19.1.8.1. Overview 19.1.8.2. Product Portfolio 19.1.8.3. Profitability by Market Segments 19.1.8.4. Sales Footprint 19.1.8.5. Strategy Overview 19.1.8.5.1. Marketing Strategy 19.1.8.5.2. Product Strategy 19.1.8.5.3. Channel Strategy 19.1.9. CHS Inc. 19.1.9.1. Overview 19.1.9.2. Product Portfolio 19.1.9.3. Profitability by Market Segments 19.1.9.4. Sales Footprint 19.1.9.5. Strategy Overview 19.1.9.5.1. Marketing Strategy 19.1.9.5.2. Product Strategy 19.1.9.5.3. Channel Strategy 19.1.10. Roquette Frères 19.1.10.1. Overview 19.1.10.2. Product Portfolio 19.1.10.3. Profitability by Market Segments 19.1.10.4. Sales Footprint 19.1.10.5. Strategy Overview 19.1.10.5.1. Marketing Strategy 19.1.10.5.2. Product Strategy 19.1.10.5.3. Channel Strategy 19.1.11. Beneo GmbH 19.1.11.1. Overview 19.1.11.2. Product Portfolio 19.1.11.3. Profitability by Market Segments 19.1.11.4. Sales Footprint 19.1.11.5. Strategy Overview 19.1.11.5.1. Marketing Strategy 19.1.11.5.2. Product Strategy 19.1.11.5.3. Channel Strategy 20. Assumptions & Acronyms Used 21. Research Methodology
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