In 2023, Japan's import of extracts, essences, and concentrates of tea, coffee, and mate stood as a reference point for a forecasted incremental growth. Projected values from 2024 to 2028 show a steady increase from USD 211.77M to USD 217.12M, indicating a positive trend. The year-on-year growth shows minimal increases, cumulatively reflected in a modest CAGR over five years.
Future trends to watch for include:
- Shifts in consumer preferences towards healthier and premium products.
- Impact of economic factors on import volumes.
- Potential changes in trade policies affecting market dynamics.
