In 2023, household expenditure on sponge cakes (Kasutera) in Japan stood at an unspecified reference point. Forecasted data for 2024-2028 indicates a gradual decline, with values decreasing each year from 662 Yen in 2024 to 628 Yen in 2028, translating to a year-on-year decrease of approximately 1.36%. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately -1.32%, showing a steady downward trend in expenditure.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier or alternative dessert options.
- Market influences such as macroeconomic factors or changes in consumer income that could further impact spending on traditional desserts.
- Innovations or marketing strategies by Kasutera producers that might counteract the decreasing trend.