In 2023, household expenditure on sugar in Japan stood at 826 Yen. Forecast data from 2024 to 2028 shows a consistent decline in expenditure: from 806 Yen in 2024 to 730 Yen in 2028. The year-on-year variations indicate a decrease of approximately 2.5% between 2023 and 2024, 2.5% from 2024 to 2025, 2.4% from 2025 to 2026, 2.5% from 2026 to 2027, and 2.4% from 2027 to 2028. Over this five-year period, the compound annual growth rate (CAGR) is expected to represent an average annual decrease of 2.3%.
Future trends to watch for include shifts in consumer preferences towards healthier alternatives, regulatory changes affecting sugar pricing and consumption, and potential innovations in the sugar market that may alter expenditure patterns.
