In 2023, coconut oil non-food uses in Japan reached 8.0 thousand metric tons. The forecasted data indicates a decline from 7.0 in 2024, remaining steady until 2025, then falling to 6.0 subsequently from 2026 to 2028. This decline signifies a negative trend with a consistent reduction over the period. The year-on-year decline from 2025 to 2026 is approximately 14.3%. The compound annual growth rate (CAGR) from 2024 to 2028 underscores this decreasing trend.
Future trends to watch include shifts in consumer preferences towards alternative oils driven by health and environmental concerns, which may further impact non-food uses of coconut oil. Additionally, changes in regulatory policies and sustainability initiatives could influence market dynamics.
