Key Market Indicators
Japanese consumption of beef is forecast to reach 1.25 million metric tons by 2026, rising a modest 0.4% year-on-year from 2021. In 2017, consumption saw a slight dip of 0.1%. Meanwhile, Japanese beef production is predicted to dip to 452,000 metric tons by 2026, falling 0.5% year-on-year from 2021. Since 1966, Japanese production has remained steady, ranking 28th in 2021. Kenya, Brazil, China and Argentina held the top four spots respectively.
