The forecasted demand for groundnuts in Japan shows a gradual increase from 124 thousand metric tons in 2024 to 126 thousand metric tons in 2028. The year-on-year growth rate from 2024 to 2028 is relatively stable, indicating a consistent market demand. In 2023, the recorded demand was 123 thousand metric tons, which suggests a modest increase of 0.8% over 2024. The five-year CAGR from 2024 to 2028 reflects a steady demand growth without significant variation or decline.

Future trends to watch for:

Potential impact of health trends promoting nuts as a healthy snack alternative.
Shifts in consumer preferences and dietary guidelines that could influence demand.
Economic factors affecting purchasing power and import strategies in Japan.