Analyzing the forecasted data for sugar supply in South Korea from 2024 to 2028, we see a gradual increase in sugar availability per capita. In 2023, the value stood at 50.8 kilograms per capita per year. The year-on-year variation shows a steady upward trend averaging between 1% to 1.3% annually, with a CAGR approximately of 1.2% over the forecasted period, signifying stable growth in sugar supply.
Future trends to watch for include potential impacts on sugar supply from changing dietary habits, government regulations on sugar consumption, and global market conditions affecting import prices. Additionally, advancements in alternative sweeteners and their market penetration could influence sugar demand.
