In 2023, the household expenditure on cooked food in Japan stood at 116.32 thousand Japanese Yens. The forecast data from 2024 to 2028 indicate a steady increase in expenditure. By 2024, the household expenditure is projected to be 117.54 thousand Japanese Yens, showing a year-on-year increase of 1.05%. This upward trend continues with annual growth rates of approximately 1.05% to 1.25% through 2028, when expenditure reaches 122.32 thousand Japanese Yens. The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 is projected at approximately 1.24% per annum.

Key trends to watch for in the future include:

The impact of demographic changes, such as an aging population, on food consumption patterns.
Shifts towards healthier and more sustainable food options.
The effects of inflation and economic fluctuations on household spending power.
Technological advancements in food preparation and delivery services.