Pet Business Market in Japan - Yano Research Home
Pet Business Market in Japan - Yano Research Home
Pet Business Market in Japan - Yano Research Home
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<strong>Yano</strong> <strong>Research</strong> Institute<br />
RESEARCH SUMMARY<br />
September 14, 2011<br />
2-46-2 Honcho, Nakano-ku,<br />
Tokyo 164-8620, <strong>Japan</strong><br />
<strong>Pet</strong> <strong>Bus<strong>in</strong>ess</strong> <strong>Market</strong> <strong>in</strong> <strong>Japan</strong>: Key <strong>Research</strong> F<strong>in</strong>d<strong>in</strong>gs<br />
2011<br />
◆ <strong>Research</strong> Outl<strong>in</strong>e<br />
<strong>Yano</strong> <strong>Research</strong> Institute has conducted a study on domestic pet bus<strong>in</strong>ess market with the<br />
follow<strong>in</strong>g conditions:<br />
1. <strong>Research</strong> period: From July to August, 2011<br />
2. <strong>Research</strong> targets: Manufacturers, wholesalers, retailers, and other companies <strong>in</strong> pet food and<br />
goods bus<strong>in</strong>ess<br />
3. <strong>Research</strong> methodologies: Face-to-face <strong>in</strong>terviews, survey via email/telephone/FAX <strong>in</strong><br />
comb<strong>in</strong>ation with literature research<br />
What is pet bus<strong>in</strong>ess market?<br />
General pet bus<strong>in</strong>ess market <strong>in</strong> this research consists of pet food and goods markets, live animals<br />
market, and other pet-peripheral <strong>in</strong>dustries. The figures were calculated based on retail value. As for<br />
pet food, the market size has been retrospectively recalculated because the market had been<br />
re-categorized.<br />
◆ Key F<strong>in</strong>d<strong>in</strong>gs<br />
• General pet-related market <strong>in</strong> fiscal 2010 showed little change from previous year at<br />
1,379.4 billion yen <strong>in</strong> retail sale<br />
General pet bus<strong>in</strong>ess market <strong>in</strong> FY2010 rema<strong>in</strong>ed almost the same level as previous year at<br />
1,379.4 billion yen, growth rate of 100.1% <strong>in</strong> retail value. Prolonged slump <strong>in</strong><br />
consumption and cutback <strong>in</strong> sales price for pet food and goods slowed down the pace of<br />
market growth that used to be steady until a year ago.<br />
It has been said that pet owners tend to consume actively regardless of the stagnant<br />
economy because pets are regarded as their <strong>in</strong>dispensable family. However, languish<strong>in</strong>g<br />
stagnation of economy can prevent people from hav<strong>in</strong>g pets both newly and additionally.<br />
Although entire pet bus<strong>in</strong>ess market may cont<strong>in</strong>ue to grow the growth rate is predicted to be<br />
very small, now that the momentum has already been lost.<br />
• <strong>Pet</strong> food market fell <strong>in</strong>to negative from the previous year, with slowdown <strong>in</strong> sales of<br />
premium food<br />
<strong>Pet</strong> food market, which is the ma<strong>in</strong> item of the entire pet bus<strong>in</strong>ess market, plunged to 408.9<br />
billion yen, 98.3 % of the previous year. Such fall stems from sales decrease <strong>in</strong><br />
relatively-expensive premium food that used to contribute <strong>in</strong> market expansion, decl<strong>in</strong>e of<br />
pet food sales due to pets be<strong>in</strong>g smaller <strong>in</strong> size, and less number of pets caused by sluggish<br />
live animal bus<strong>in</strong>ess.
◆ Report format:<br />
Published report: “<strong>Pet</strong> <strong>Bus<strong>in</strong>ess</strong> 2011<br />
Issued on: August 31, 2011<br />
Language: <strong>Japan</strong>ese<br />
Format: 430 pages <strong>in</strong> A4 format<br />
Price: 105,000 yen (5,000 yen of consumption tax shall be charged for the sales <strong>in</strong> <strong>Japan</strong>.)<br />
Contacts: Public Relations<br />
<strong>Yano</strong> <strong>Research</strong> Institute Ltd. (URL: http://www.yanoresearch.com)<br />
Phone: +81-3-5371-6912<br />
E-mail: press@yano.co.jp<br />
◆ Transition and outlook of pet bus<strong>in</strong>ess market<br />
15,000<br />
(Hundred million yen)<br />
12,789<br />
13,404<br />
13,600<br />
13,777 13,794<br />
13,941<br />
14,086<br />
10,000<br />
5,000<br />
0<br />
FY2006 FY2007 FY2008 FY2009 FY2010 FY2011(Prospect) FY2012(Prospect)