In 2023, Japan imported meat and edible meat offal worth approximately 11.5 billion USD. Forecasts predict a steady increase, reaching 12.393 billion USD by 2028. The projected year-on-year growth rate is around 1.55% annually from 2024 to 2028. The Compound Annual Growth Rate (CAGR) over these five years is estimated to be 1.5%, indicating moderate but consistent growth in import value.
Future trends to watch for include:
- Changes in Japan’s dietary preferences and demographic shifts could influence meat demand.
- Supply chain disruptions and trade agreements may impact import patterns and costs.
- Environmental and sustainability concerns are likely to steer preferences towards different meat sources.
