Japan Ready to Drink Coffee Market Insights Forecasts to 2032
- The Japan Ready-to-Drink Coffee Market Size was valued at USD 11.56 Billion in 2022.
- The Market Size is Growing at a CAGR of 3.23% from 2022 to 2032.
- The Japan Ready-to-Drink Coffee Market Size is Expected to Reach 15.89 Billion by 2032.
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The Japan Ready to Drink Coffee Market Size is Expected to Reach USD 15.89 Billion by 2032, at a CAGR of 3.23% during the forecast period 2022 to 2032.
Ready-to-drink (RTD) coffee is a prepared and packaged coffee beverage that is sold in a ready-to-drink state. However, the packaging comes in a variety of forms, the most common of which is PET bottled, with others including canned, glass, and tetra packs. The demand for ready-to-drink beverages has risen dramatically in recent years. The adoption of a fast-paced lifestyle has resulted in increased demand. Coffee is one of the most widely consumed beverages on the planet, and the demand for ready-to-go coffee has grown significantly in recent years. In Japan, ready-to-drink coffee was one of the most popular soft drinks. Growing urbanization, stressful lifestyles, and shifting customer preferences are all factors influencing the growth of the ready-to-drink coffee market. Aside from the convenience of grab-and-go, ready-to-drink coffee is available in a variety of varieties and flavors, giving consumers options based on their likes, preferences, culture, and needs. It is regarded as a superior substitute for carbonated beverages, which have been linked to health risks such as obesity and hypertension. a combination of its antioxidant properties and low-calorie content, ready-to-drink coffee is gaining popularity in the market as an instant energy source.
This research report categorizes the market for the Japan ready-to-drink coffee market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan ready-to-drink coffee market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan ready-to-drink coffee market.
Japan Ready to Drink Coffee Market Report Coverage
|Market Size in 2022:
|USD 11.56 Billion
|Forecast Period 2022-2032 CAGR:
|2032 Value Projection:
|Historical Data for:
|No. of Pages:
|Tables, Charts & Figures:
|By Packaging Type, By Distribution
|Starbucks Corporation, Asahi Group Holdings Ltd., The Coco-Cola Company, Lotte Corporation, Unilever PLC, Sapporo Holdings Ltd (Pokka Group), Suntory Holdings Limited, UCC Holdings Co., Ltd., Nestlé S.A., Ezaki Glico Co., Ltd., and others.
|Pitfalls & Challenges:
|Covid-19 Empact,Challenges,Growth, Analysis.
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Growing research and development (R&D) in terms of innovative flavors can propel market growth, and increasing investment in RTD coffee marketing is expected to drive market growth. The growing popularity of regional coffee beans in RTD coffee can fuel market growth. Additionally, iced drinks improve the shelf life of RTD coffee without the use of preservatives. As a result, such innovation in the ready-to-drink coffee market can provide significant opportunities to beverage industry players.
Alternatives to RTD coffee may impede market growth, and the work-from-home trend caused by the outbreak of COVID-19 may have an impact on RTD coffee sales in the country.
- In 2022, the bottles segment accounted for the largest revenue share over the forecast period.
Based on the packaging types, the Japan ready-to-drink coffee market is segmented into bottles, cans, pet bottles, and others. Among these, the bottles segment has the largest revenue share over the forecast period. The benefits of bottles such as enhanced product shelf-life and flavor preservation. Furthermore, this type of packaging improves consumer convenience and enhances the brand's image in the minds of consumers. Lightweight packaging and a significant reduction in raw materials. Furthermore, the manufacturers' marketing department conducted R&D on consumers, which addressed the fact that the bottle packaging is significantly creative, attracting consumers.
In 2022, the supermarkets accounted for the largest revenue share over the forecast period.
Based on distribution channels, the Japan ready-to-drink coffee market is segmented into supermarkets, convenience stores, online retail stores, specialist stores, and others. Among these, the supermarkets segment accounted for the largest revenue share over the forecast period. Supermarkets have made room for specialty coffees by improving the quality of the coffees they sell. Supermarket marketing could help to increase the sales of ready-to-drink coffee. If brands advertise that their products are available at popular supermarkets, loyal customers will know to look for them. Furthermore, if the design of the coffee bags is appealing, customers may post photos of their purchases on social media, increasing brand awareness for the roastery.
The report offers the appropriate analysis of the key organizations/companies involved within the Japan ready to drink coffee market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Starbucks Corporation
- Asahi Group Holdings Ltd.
- The Coco-Cola Company
- Lotte Corporation
- Unilever PLC
- Sapporo Holdings Ltd (Pokka Group)
- Suntory Holdings Limited
- UCC Holdings Co., Ltd.
- Nestlé S.A.
- Ezaki Glico Co., Ltd.
Key Target Audience
- Market Players
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
- In June 2022, Starbucks Corporation opened a new drive-thru location in Togane City, Japan. Starbucks worked with Togane City and Sanyu Plant Service Corporation to increase the circularity of coffee grounds. The used coffee grounds from the new drive-thru store will be recycled into cattle feed as part of the collaboration, and milk from participating dairies will be used to create handcrafted beverages in Starbucks.
This study forecasts revenue at regional, and country levels from 2021 to 2032. Spherical Insights has segmented the Japan Ready Drink Coffee Market based on the below-mentioned segments:
Japan Ready to Drink Coffee Market, By Packaging Types
- Pet Bottles
Japan Ready to Drink Coffee Market, By Distribution Channels
- Convenience Stores
- Online Retail Stores
- Specialist Stores
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