In 2023, the Food and Beverages Wholesale market in Japan stood at 52.5 trillion Japanese Yens. The forecasted data shows a steady growth trend from 2024 to 2028. Specifically, the market value is expected to grow from 53.12 trillion in 2024 to 55.37 trillion in 2028. Year-on-year variations are as follows:
- 2024-2025: 1.09%
- 2025-2026: 1.04%
- 2026-2027: 1.03%
- 2027-2028: 1.00%
The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 1.03%.
Future trends to watch include increasing demand for healthier food options, the impact of aging population on consumption patterns, and the influence of technological advancements in supply chain efficiency. Additionally, potential economic fluctuations and trade policies may also affect market performance.
