Japan: Retail Foods
The total value of all retail food and beverage (F&B) sales was 52.2 trillion yen or $474.9 billion dollars. In the Japanese retail industry, supermarkets (with floor space under 1500 m2 ), which include specialty shops and local stores, still represent the bulk of the retail food market. Food & beverage sales through drug stores as well as the internet are increasing. Ready to eat meals or take home food items represent a growth area that has helped supermarkets, convenience stores and other retail outlets throughout the food & beverage industry to increase revenue.
