The forecasted veal and beef consumption at the farm gate in Japan shows a steady increase from 1.34 million metric tons in 2024 to 1.37 million metric tons by 2028. This represents a year-on-year growth rate of approximately 0.75% annually, indicating moderate but consistent growth.
Comparing to 2023, the data suggests a continuation of this gradual upward trend, driven by stable demand. The Compound Annual Growth Rate (CAGR) over the five years is projected at around 0.74%.
Future trends to watch for include changes in consumer preferences, potential impacts of trade policies, and technological advancements in meat production that could influence consumption patterns.
