Japan Food and Drink Report - Business Monitor International - Industry Reports

Japan Food and Drink Report

Japan Food and Drink Report - Business Monitor International - Industry Reports
Japan Food and Drink Report
Published Oct 08, 2016
71 pages — Published Oct 08, 2016
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Abstract:

We hold a sluggish outlook for the Japanese consumer over the next few years, on the back of weak economic activity and negative demographic dynamics. Japan s real GDP recovered by -.- q-o-q in Q---, though economic growth over ---- still came in at a low level of -.- y-o-y. ...Japan s real GDP recovered by -.- q-o-q in Q---, though economic growth over ---- still came in at a low level of -.- y-o-y. The first arrows of monetary and fiscal stimulus have so far failed to boost economic activity, which explains our lower growth forecasts for private consumption. It is widely considered that a rise in the inflation rate would be a major step towards allowing the Japanese economy to end its multi-decade stagnation. ...It is widely considered that a rise in the inflation rate would be a major step towards allowing the Japanese economy to end its multi-decade stagnation. In our view, while the initial stages of reflationary cycles can result in strong rates of real GDP growth as activity rises faster than prices, deeply negative real interest rates ultimately undermine the productive structure and lead to a mismatch between savings and investment, to the detriment of economic growth.

...BMI View: Our five-year growth outlook for Japan s Food and Drink sector will remain muted on the back of slow recovery in consumer sentiment and sluggish economic growth. Japan offers limited long-term growth opportunities due to its already-developed consumer market, while consumers that remain price- conscious yet demand highly priced healthier products continue to drive industry growth. ...BMI View: Our five-year growth outlook for Japan s Food and Drink sector will remain muted on the back of slow recovery in consumer sentiment and sluggish economic growth. Japan offers limited long-term growth opportunities due to its already-developed consumer market, while consumers that remain price- conscious yet demand highly priced healthier products continue to drive industry growth. Food retailers will face mounting challenges with meeting consumer demand while striving to maintain positive growth amid weak consumer spending conditions. Food and Drink Spending (---------) Food, sales, JPYmn Non-alcoholic drinks, sales, JPYmn ---- ---- ---- ----f ----f ----f ----f ----f - --,---,--- --,---,--- --,---,--- ---,---,--- f = BMI forecast.

...Multinationals able to launch fashionable versions of traditional food products will very likely find a highly receptive audience. Innovation remains a tried and tested path of success in sub-sectors that still afford room for new product development. ...

  
Source:
Document ID
1749-2785
Country
Industry
Industry
Industry
Industry
Industry
Industry
Format:
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Japan Food and Drink Report" Oct 08, 2016. Alacra Store. Dec 03, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Japan-Food-and-Drink-Report-2026-40>
  
APA:
Business Monitor International - Industry Reports. (2016). Japan Food and Drink Report Oct 08, 2016. New York, NY: Alacra Store. Retrieved Dec 03, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Japan-Food-and-Drink-Report-2026-40>
  
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