In 2023, the household expenditure on fresh vegetables in Japan was slightly below 60.18 thousand Japanese Yens. The forecasted data from 2024 to 2028 indicates a gradual increase in expenditure, with a consistent year-on-year growth rate of approximately 0.5%. The Compound Annual Growth Rate (CAGR) over the forecasted period is approximately 0.5% as well, highlighting a steady but slow upward trend.
Future trends to watch for:
- Influences from changing dietary preferences towards health and wellness could impact expenditure.
- Climate change effects or agricultural innovations altering vegetable supply and pricing.
- Economic policies affecting consumer spending power and inflation rates.