In 2023, Japan's meat stock stood at 950.0 thousand metric tons. From 2024 onwards, the stocks are forecasted to incrementally rise: 973.4 thousand metric tons in 2024 (2.5% YoY increase), 988.6 thousand metric tons in 2025 (1.6% YoY), 1000.0 thousand metric tons in 2026 (1.2% YoY), 1020.0 thousand metric tons in 2027 (2.0% YoY), and 1030.0 thousand metric tons by 2028 (1.0% YoY). The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is projected to be 1.6%.
Future trends to watch for include shifts in consumer preferences towards alternative proteins, potential impacts of trade policies, and fluctuations in livestock production costs. Monitoring these factors will be essential for predicting and responding to changes in meat stock levels.
