The forecast for Japan's food and beverages value added as a percentage of total manufacturing suggests a steady growth from 13.72% in 2024 to 14.11% in 2028. With an annual increase of about 0.1 percentage point, the sector shows resilience and potential. When compared to 2023 levels, the year-on-year growth indicates a modest acceleration in the sector, with critical variations arising from potential market adaptions and economic shifts.
Future trends to watch for include:
- Changes in consumer preferences towards healthier and sustainable products.
- Technological advancements in food processing and supply chain efficiency.
- Impact of global economic shifts on raw material prices and commodity markets.
- Regulatory changes and trade agreements impacting food and beverage manufacturing.