The market is dominated by domestic suppliers, as imports account for 20.0% of total market size in 2023. B2B drives market demand, with B2B spending representing 71.9% of total demand in 2023. Japan has the fourth largest market size for agriculture regionally, with demand reaching USD133 billion in 2023. Hokuto Corp is the largest company in Japan, generating 0.6% of the industry’s total production value in 2023. The industry is fragmented, with the top three companies generating 0.9% of total production value in 2023. The total number of companies decreases in 2023, to 2,020,487 units. The costs of the industry decrease by 2% in 2023, largely driven by declining B2B costs. The industry’s profitability increases and stands at 27.2% of production value in 2023, the 12th highest regionally. The industry’s exports share decreases in 2023 to 0.6% of total production output. With production value of USD82.4 billion, Japan accounts for 2.3% of the Asia Pacific total in 2023.
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This Euromonitor industrial report provides unique information on Agriculture in Japan: ISIC 1. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Agriculture in Japan: ISIC 1 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
Agriculture is an aggregation of farming of cattle, swine and pigs, sheep and other quadrupeds, poultry and other animals; growing of cereals and crops, fruits and vegetables; providing agricultural services and hunting.
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