Japan Foodservice Valued at ¥29.5 Trillion

JAPAN - In 2009, the estimated value of the Japanese foodservice sector declined 1.8 per cent year-on-year to ¥29.5 trillion, according to data released by Foodservice Industry Research Institute of Japan.
calendar icon 24 June 2010
clock icon 1 minute read

Industry sales peaked in 1998 at ¥32.9 trillion but have trended down since, due to a fall in private and business expenditure for dining out. In 2009, sales values of most foodservice categories declined year-on-year, with the exception of fast food, school meals, hospitals, and take away food.

The Japan Foodservice Association forecasts continuing demand in take away/cooked meal services, on the back of an increase in smaller households and an aging population. It also anticipates consumers' ongoing interest in healthy food and a balanced diet.

TheCattleSite News Desk

© 2000 - 2023 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.