The forecast for veal and beef production at farm gate in Japan shows a steady increase from 2024 to 2028, with values rising from €5.87 billion to €6.05 billion. Compared to 2023, the industry is expected to see gradual growth. The year-on-year changes are small yet positive, indicating a stable upward trend. Over the five-year period, the compound annual growth rate (CAGR) is modest, suggesting consistent expansion in the industry.
Future trends to watch for:
- Technological innovations in livestock farming.
- Changes in consumer preferences towards sustainable and locally-sourced produce.
- Impact of global trade policies on Japanese beef exports.