The demand for infant food in Japan is projected to decline steadily from 2024 through 2028, as indicated by forecasted decreases in volume. The trend began with actual figures in 2023, where Japan had already experienced a downtrend, although specific data for that year isn't provided here. Year-on-year analysis shows a consistent decline of approximately 14.3% from 2023 to 2024 and a stable pattern of decline from 2025 onwards, remaining at a negative growth rate due to a stagnant yearly volume reduction. The Compound Annual Growth Rate (CAGR) over five years from 2024 to 2028 is negative, illustrating an average annual decline.
Future trends to watch for include demographic changes such as Japan's decreasing birth rates, which could further impact the demand for infant food. Additionally, evolving consumer preferences for sustainable and organic products may affect market dynamics. Monitoring policy changes regarding family welfare and potential innovations in infant nutrition could also provide insights into future demand shifts.
