The forecast indicates a significant downtrend in private non-profit expenditure on R&D in Japan's agricultural and veterinary sciences from 2024 to 2028. The expenditure was at 8.36 billion yen in 2023 and is projected to drop to 2.93 billion yen by 2028, reflecting a continuing decline. Year-on-year reductions are pronounced, with an approximate CAGR of -18.0% over this five-year period.

Future trends to watch for include:

Potential shifts in government policy or funding that could influence future investments.
The impact of technological advancements and their integration into agriculture and veterinary sciences.
Collaborations with international entities that could stimulate renewed interest and investment in these sectors.