— Latest update: July 2022 —
In 2020, the Japanese agricultural biotechnology market was valued at about 615 billion yen. Japan remains one of the world’s largest per-capita importers of food and feed produced using modern biotechnologies. In 2019, Japan imported 16 million metric tons (MT) of corn, 3,2 million MT of soybeans and 2,4 million MT of canola in which genetic engineering is predominantly used. Japan also imports huge amounts of processed foods containing biotechnology-produced ingredients.
What business opportunities does the Japanese olive oil market offer to EU SMEs? Japan’s annual domestic production of olive oil is limited at about 45 tonnes (2020). Japan cannot meet the internal
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