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Food Trends – Japan and East Asia
- Fine Food
Japan — 3rd largest consumer of health food in the world
Japanese health food market worth more than $13B
$4.18M (2020) in olive oil imports - Meat
Japanese alternative meat market to increase 2.3x by 2030
East Asia meat market — 12.91% CAGR - Drinks
East Asia coffee market — 5.54% CAGR
East Asia tea market — 4.60% CAGR - Frozen Food
Increase in consumption due to rise of remote work
Japan frozen food production — 5.2% YoY increase (2021)