Forecast: Soybean Domestic Food Consumption in Japan

The domestic consumption of soybeans in Japan shows a slight declining trend from 2024 to 2028, with a forecasted decrease from 907.0 to 904.0 thousand metric tons. In comparison to 2023, the year-on-year variations indicate a stable yet marginal decline, reflecting a modest but consistent reduction in consumption needs. The compound annual growth rate highlights a slow decrease, suggesting a gradual reduction in demand over the specified period.

Future trends to monitor include potential changes in dietary preferences, increased import competition, and shifts in agricultural policy. Market adaptation and technological advancements in food processing may also influence soybean consumption levels.

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