The forecast for higher education expenditure on R&D in agricultural and veterinary sciences in Japan shows a declining trend. Starting from 86.65 billion yen in 2024, the expenditure is expected to decrease by an average of 0.54% per year, reaching 85.18 billion yen by 2028. Compared to 2023, where the figure was the same as in 2024, this marks a steady decline over the forecast period. Year-on-year analysis indicates slight decreases annually, suggesting a cautious outlook for investment in these sectors.
Future trends to watch for include:
- Potential policy shifts or economic stimuli that could alter the investment patterns.
- Developments in technology that may impact both the agricultural and veterinary sectors.
- Global market demands and their influence on Japan's R&D priorities.