Japan: agritech and foodtech market size 2030

In fiscal year 2021, the shipment value of the agritech and foodtech markets in Japan amounted to almost 72 billion Japanese yen. The market encompassing smart agriculture, plant factory, next-generation aquaculture, and alternative proteins was forecast to triple in size until fiscal 2030, exceeding 211 billion yen.

Shipment value of the agritech and foodtech markets in Japan in fiscal year 2021 with forecasts for 2025 and 2030 (in billion Japanese yen)

Characteristic	Shipment value in billion Japanese yen
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Release date

May 2023

More information

Region

Japan

Survey time period

fiscal year 2021; the Japanese fiscal year starts on April 1 of each stated year and ends on March 31 of the following year

Special properties

the market size is based on shipment value at manufacturers

Supplementary notes

*Forecasts.
Research targets were business and industry associations in agritech and foodtech (smart agriculture, plant factory, next generation aquaculture, and alternative proteins).
100 Japanese yen equal 0.69 U.S. dollars or 0.64 euros as of July 2023.
Values have been rounded.

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