The forecast for raw sugar equivalent demand in Japan from 2024 to 2028 shows a slight but consistent decline from 1.93 million metric tons in 2024 to 1.88 million metric tons in 2028. In 2023, the actual demand stood at 1.94 million metric tons. Year-on-year variations are minimal, with the change between 2024 and 2025 being approximately -0.52%, and a similar trend continuing through 2028, culminating in a five-year CAGR of approximately -0.61%.
Future trends to watch for include shifts in consumer preferences towards healthier diets, advancements in sugar substitutes, and potential regulatory changes impacting sugar consumption. Regional economic factors could also influence demands, such as changes in disposable income and demographic shifts. Monitoring these trends will be essential for accurately forecasting future demand.
- Demand in 2023: 1.94 million metric tons.
- Year-on-year variation: approx. -0.52%.
- Last five-year CAGR: approx. -0.61%.
- Trends to watch: consumer health preferences, sugar substitutes, regulatory changes, economic factors.