Market By Product And Channel | Forecast 2019-2025
The Japan Pet healthcare market is expected to upsurge with an anticipated CAGR of 4.66% over the forecast period 2019-2025.
Japan's Ministry of Internal Affairs and Communications stated that the country's average household expenditure on veterinarian fees in 2017 was 5,829 yen, as compared to 4,703 yen in 2010 (an increase of over 20%). Pet owners in Japan are increasingly transforming into premium product buyers as they are treating their pets as part of their families. The concept of pet parents is also becoming popular, whereby childless or single parents are adopting pets. To ensure their pets get the appropriate nutrition and care, pet owners are willing to pay considerable amounts for premium pet care products like food, accessories, grooming products and healthcare products which is driving the Japan pet healthcare market during the forecast period.
In Japan, the pet healthcare market has been witnessing numerous product recalls in recent years, which is restraining the market growth. Health-related problems in animals, such as infertility, increased toxicity and compromised immunity, among others, occur due to the consumption of counterfeit products. To gain a competitive advantage over international brands, counterfeit product manufacturers price their products at rates much lower than those of global companies. However, most of their products lack quality and do not meet the required quality standards. All these factors are stagnating the growth of the Japan pet healthcare market.
Triton Market Research’s report on the Japan pet healthcare market provides an in-depth insight and segmentation analysis of the market. The detailed analysis of the market includes the PESTEL analysis, Porter’s five forces model, market share outlook, market trends and the market attractiveness index. The segmentation analysis of the Japan pet healthcare market includes the market by product and by channel.
The notable players in the Japan Pet healthcare market are Eli Lilly and Company, DoggyMan H. A. Co Ltd, Zoetis Inc, Japan Pet Drugs Co Ltd, The Hartz Mountain Corporation and The J.M. Smucker Co
1.
JAPAN PET HEALTHCARE MARKET - SUMMARY
1.1. MARKET SIZE & FORECAST
1.2. MARKET DRIVING ASPECTS
1.3. MARKET RESTRAINING ASPECTS
1.4. KEY PLAYERS
2.
JAPAN PET HEALTHCARE INDUSTRY OUTLOOK
2.1. MARKET DEFINITION
2.2. PESTEL ANALYSIS
2.2.1.
POLITICAL
2.2.2.
ECONOMICAL
2.2.3.
SOCIAL
2.2.4.
TECHNOLOGICAL
2.2.5.
LEGAL
2.2.6.
ENVIRONMENTAL
2.3. PORTER’S FIVE FORCES MODEL
2.3.1.
THREAT OF NEW ENTRANTS
2.3.2.
THREAT OF SUBSTITUTE
2.3.3.
BARGAINING POWER OF BUYERS
2.3.4.
BARGAINING POWER OF SUPPLIERS
2.3.5.
THREAT OF COMPETITIVE RIVALRY
2.4. MARKET SHARE OUTLOOK
2.5. MARKET TRENDS
2.6. MARKET ATTRACTIVENESS INDEX
3.
JAPAN PET HEALTHCARE MARKET - SEGMENTATION
3.1. BY PRODUCT (EXTERNAL PARASITE TREATMENTS, PET
SUPPLEMENTS, WORMING TREATMENTS, GROOMING PRODUCTS, OTHER PET HEALTHCARE
PRODUCTS)
3.2. BY CHANNEL (FOOD & DRINKS, HYPERMARKETS
& SUPERMARKETS, CONVENIENCE STORES, DRUG STORES & PHARMACIES)
4.
COMPETITIVE LANDSCAPE
4.1. DOGGYMAN H. A. CO., LTD.
4.2. ELI LILLY AND COMPANY
4.3. JAPAN PET DRUGS CO., LTD.
4.4. THE HARTZ MOUNTAIN CORPORATION
4.5. THE J.M. SMUCKER, CO.
4.6. ZOETIS, INC.
5.
RESEARCH METHODOLOGY & SCOPE
5.1. RESEARCH SCOPE & DELIVERABLES
5.1.1.
OBJECTIVES OF STUDY
5.1.2.
SCOPE OF STUDY
5.2. SOURCES OF DATA
5.2.1.
PRIMARY DATA SOURCES
5.2.2.
SECONDARY DATA SOURCES
5.3. RESEARCH METHODOLOGY
5.3.1.
EVALUATION OF PROPOSED MARKET
5.3.2.
IDENTIFICATION OF DATA SOURCES
5.3.3.
ASSESSMENT OF MARKET DETERMINANTS
5.3.4.
DATA COLLECTION
5.3.5.
DATA VALIDATION & ANALYSIS
TABLE 1 JAPAN
PET HEALTHCARE MARKET 2019-2025 ($ MILLION)
TABLE 2 JAPAN
- COUNTRY SNAPSHOT
TABLE 3 MARKET
SHARE OUTLOOKS OF KEY PLAYERS 2018 (%)
TABLE 4 JAPAN
PET HEALTHCARE MARKET BY PRODUCT 2019-2025 ($ MILLION)
TABLE 5 JAPAN
PET HEALTHCARE MARKET BY CHANNEL 2019-2025 ($ MILLION)
FIGURE 1 JAPAN
PET HEALTHCARE MARKET 2019-2025 ($ MILLION)
FIGURE 2 MARKET
SHARE OUTLOOKS OF KEY PLAYERS 2018 (%)
FIGURE 3 MARKET
ATTRACTIVENESS INDEX
FIGURE 4 JAPAN
PET HEALTHCARE MARKET BY PRODUCT 2019-2025 ($ MILLION)
FIGURE 5 JAPAN
PET HEALTHCARE MARKET BY CHANNEL 2019-2025 ($ MILLION)