The demand for spices in Japan is forecasted to decline from 144,000 metric tons in 2024 to 140,000 metric tons by 2028. In 2023, spice demand stood at 145,000 metric tons. This indicates a yearly decrease, representing a declining trend in spice demand. The specific year-on-year variations show an annual decrease of approximately 0.69%. The average compound annual growth rate (CAGR) over the five-year period is projected to be around -0.87%.
Future trends to watch for include potential impacts from changes in culinary habits, health trends preferring fresh over processed spices, and economic factors influencing consumer spending on imported spices. Monitoring these aspects will be crucial for understanding shifts in spice demand in Japan.
