In 2023, veal and beef payments based on output in Japan stood at 414.80 million euros. The forecasted data from 2024 to 2028 shows a consistent year-on-year growth ranging between 2.27% and 2.92%, with a compound annual growth rate (CAGR) over the five years of approximately 1.91%. Such steady increases indicate a robust and positive outlook for the beef and veal market in Japan.

Future trends to watch for include:

Potential impacts of consumer dietary shifts and health trends on beef and veal consumption.
Trade policy changes that could affect import-export dynamics and domestic production.
Technological advancements in production processes improving efficiency.