Forecast: Household Expenditure on Scallops in Japan

The household expenditure on scallops in Japan showed a downward trend from 2024 onwards, with values decreasing each subsequent year. Comparing to 2023, the expenditure was higher, but the forecast indicates a consistent year-on-year decline. The largest reductions are observed from 2024 to 2028, with the compound annual growth rate (CAGR) highlighting a steady decrease of household spending on scallops over these five years.

Future trends to watch for:

  • Potential market influences such as changes in consumer preferences.
  • Economic factors impacting seafood prices in Japan.
  • Environmental and supply chain factors that could affect scallop availability.

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