The forecast for maize feed in Japan indicates a steady growth from 2024 to 2028, with volumes rising from 12.03 million metric tons in 2024 to 12.24 million metric tons in 2028. This represents a consistent annual increase.
Year-on-year variations from 2024 to 2028 show minimal yet steady growth:
- From 2024 to 2025: 0.50%
- From 2025 to 2026: 0.41%
- From 2026 to 2027: 0.41%
- From 2027 to 2028: 0.41%
Over the five-year period ending in 2028, the Compound Annual Growth Rate (CAGR) is 0.43%, reflecting modest but stable market expansion.
Key future trends to watch for include potential shifts in livestock production dynamics, which could impact feed demand. External factors such as climate change, international trade policies, and innovations in feed technology may further influence the maize feed market in Japan.
