Japan: Retail Foods
Link to report:
In 2021, the total value of all retail food and beverage (F&B) sales in Japan totaled $467.20 billion, a 2.3 percent decrease over 2020 sales of $478.12 billion. Supermarkets continue to represent the bulk of the retail food market, accounting for 74 percent of the market, with convenience stores, drugstores and internet sales of food and beverages accounting for the rest of the market. As the market continues to transition to a post-COVID-19 environment, retailers and food and beverage manufacturers will have to address inflationary pressures that will likely encompass broad price increases.