Japanese food processing industry valued at US$255B in 2010 due to strong health consciousness, growth of aging population, more women in workforce, USDA report says
Nevin Barich
LOS ANGELES
,
January 5, 2012
(Industry Intelligence)
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The Japanese food processing industry was valued at US$255 billion in 2010 due to a strong health consciousness, the growth of an aging population and more women in the workforce, FoodProductDesign.com reported Jan. 4.
The key factors driving the Japanese processed foods sector have led to personalization of product packaging and a greater demand for convenience and ready-to-eat foods, the report said, adding that Japanese demand for processed food products is set to grow despite the recession and a weakened economy.
Several product categories sold better in 2010 compared to 2009, mostly due to the northeast earthquake and tsunami, the report said. Sales of canned and bottled products, bottled water, juices, processed meats, processed seafood, retort packaged products and frozen foods all increased.
The primary source of this article is FoodProductDesign. com, Phoenix, Arizona, on Jan. 4, 2012.
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