In 2023, butter consumption in Japan was at 87.0 thousand metric tons. The forecast from 2024 to 2028 projects a stable consumption rate of 87.0 thousand metric tons annually, indicating no anticipated growth or decline in the market. Consequently, year-on-year and five-year CAGR variations are zero, reflecting a period of stagnation in butter consumption trends.
Future trends to watch for:
- Potential shifts in dietary preferences towards healthier fats that may impact butter demand.
- Economic factors such as inflation, which could influence consumer purchasing power.
- Possible innovations in butter alternatives that might alter market dynamics.