New Food research report from Business Monitor International is now available from Fast Market Research
[USPRwire, Fri Jan 02 2015] Despite the government's acknowledgement that the country's agricultural sector is in need of reform and transformation, we believe that the piecemeal policies adopted and the lack of compromise in international free trade talks points to the gap between rhetoric and action. Indeed, Japan's uncompromising stance in maintaining tariffs on imported rice, wheat, beef, pork, dairy and sugar - the country's sacred farm products list - might prove costly in the long run. With an ageing farmer population (the average age of a Japanese farmer is close to 70 years old) coupled with highly inefficient farming methods - usually constrained by the small plots of family run farms - it is no wonder why the agriculture employment is shrinking so rapidly. According to official figures, people engaged in farming in Japan fell by 22.3% from 2005 to 2010 to reach 747,000. T he Japanese agriculture industry faces a bleak future if it does not reinvent itself.
There are however, green shoots in the midst of this, as illustrated by the rise of more public-private joint ventures in the agriculture space such as the new subsidiary of Sojitz Corp and Toyo Reizo Co (an affiliate with Mitsubishi Corp) which will have large-scale cultivation of greenhouse vegetables and blue fin tuna respectively in cooperation with agricultural cooperatives. A proliferation of Information and Communications Technology (ICT) use in agriculture should also bode well for the industry in helping it become more efficient. Indeed, an increasing number of Japanese ICT firms are introducing cloud-based field monitoring systems as well as information portals for farmers. These firms include NEC Corp, the Japanese electronics giant which works with Nepon Inc to develop user-friendly greenhouse monitoring systems. Another ICT-based collaboration is that of one between Nippon Telegraph and Telephone East Corp which began testing a farm monitoring system using long-distance wireless communication...
The Japan Agribusiness Report features Business Monitor International (BMI)'s market assessment and independent forecasts for production, consumption and trade across core agricultural commodities.
BMI's Japan Agribusiness Report includes independent commodity price forecasting and analysis for key agricultural outputs, an overview of the agribusiness competitive landscape and a discussion of the downstream context of agricultural production in relation to country food consumption forecasts and composite food and beverage trade forecasts.
Key Benefits
* Use BMI's independent industry forecasts to test other views - a key input for successful planning in dynamic agribusiness markets.
* Apply BMI's medium-term commodity price analysis to assist with budgetary planning and the identification of investment opportunities and potential risks.
* Assess the activities and market position of your competitors, partners and clients.
About Fast Market Research
Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.
For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156.
You may also be interested in these related reports:
