The demand for non-centrifugal sugar in Japan is forecasted to remain stable at 8.0 thousand metric tons from 2024 through 2028. In 2023, the demand was similar, at 8.0 thousand metric tons, indicating no significant year-on-year changes. Over the last two years, as well as over the forecasted period, the compound annual growth rate (CAGR) is 0%, reflecting a stagnant market without variations.
Future trends to watch for:
- Changes in consumer preferences towards healthier or alternative sweeteners may impact demand.
- Policy changes or trade agreements affecting sugar imports and exports could alter the market dynamics.
