The forecast for broiler meat consumption in Japan shows a steady annual increase from 2024 to 2028, with values rising from 2.66 to 2.78 million metric tons. As of 2023, the actual consumption stood at 2.63 million metric tons. The year-on-year growth rate averages around 1.12%. The compound annual growth rate (CAGR) over the five-year period is expected to be approximately 0.92%, indicating a moderate and consistent upward trend.
Future trends to watch for:
- Changes in consumer dietary preferences towards more plant-based proteins could impact growth.
- Economic factors, including inflation and changes in household income, may influence consumption rates.
- Policy changes concerning agriculture and import regulations might alter the trajectory of consumption.