Forecast: Milled Rice Domestic Consumption in Japan

The domestic consumption of milled rice in Japan is projected to decrease from 8.02 million metric tons in 2024 to 7.82 million metric tons by 2028. This represents a consistent annual decline, with year-on-year decreases of approximately 0.62% to 0.63% over the period. Compared with 2023, the consumption figures show a continuation of prevailing downward trends due to factors like demographic shifts and changing dietary preferences. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is expected to reflect this gradual decline in consumption.

Future trends to watch for include:

  • Potential impacts of governmental policies encouraging local rice consumption.
  • Shifts in younger generations' dietary habits towards more diversified carbohydrate sources.
  • Opportunities for niche markets targeting health-conscious consumers with premium rice varieties.

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