Analysis of household expenditure on raw meat in Japan from 2024 to 2028 indicates a consistent growth trajectory, with expenditure rising each year. In 2023, the expenditure was at 59.01 thousand Japanese Yens. The year-on-year increase from 2024 to 2028 demonstrates a stable growth trend, reflecting a growing demand or price increase in raw meat. The Compound Annual Growth Rate (CAGR) over this 5-year forecast period is approximately 0.93%, showcasing a modest but steady upward trend.
Future trends to watch for include changes in consumer preferences, impacts of inflation on purchasing power, and potential policy changes affecting meat production and pricing. Monitoring these factors will be crucial for accurately predicting future household spending on raw meat.
