In Japan, the Raw Sugar Equivalent market size volume stood at 1.94 million metric tons in 2023. Forecasted data indicates a steady decline over the next five years. In 2024, the volume is expected to be 1.93 million metric tons, decreasing slightly each year to 1.88 million metric tons by 2028.
Year-on-year variations show minimal percentage changes, indicating a gradual downward trend: -0.52% in 2025, -0.52% in 2026, -0.52% in 2027, and -1.05% in 2028. Over the last two years, the market experienced slight declines, foreseeing an overall negative CAGR of -0.62% per year from 2024 to 2028.
Future trends to watch for include potential shifts towards alternative sweeteners and increased health consciousness among consumers, which may further impact raw sugar demand.
