Forecast: Household Expenditure on Meat in Japan

In 2023, household expenditure on meat in Japan was reported at 72.80 thousand yen. The forecasted data indicates a gradual year-on-year increase from 2024 to 2028, with an annual average growth rate (CAGR) of approximately 0.7% over these five years. From 2024 to 2025, the expenditure is expected to rise by 0.8%, while the increase from 2025 to 2026 is projected at 0.8%, maintaining a steady growth pace. The trend of incremental annual growth suggests a stable yet modest rise in meat expenditure among Japanese households.

Future trends to watch for:

  • Sustainability and environmental concerns may influence purchasing decisions, possibly impacting meat consumption.
  • Changes in consumer preferences towards plant-based diets or alternative proteins could affect market dynamics.
  • Economic factors such as inflation, wages, and cost of living could further influence household expenditure patterns.

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