The per capita consumption of olive oil in Japan from 2024 to 2028 remains constant at 0.44 kilograms. As of 2023, the actual value was slightly below the forecasted 0.44 kilograms, which indicates a stabilization in per capita consumption starting from 2024. This suggests a plateau with no percentage variation year-on-year and a 0% CAGR over the next five years.
Future trends to watch for include:
- Potential shifts in consumer preferences towards healthier cooking oils.
- Market innovations that might boost consumption, such as flavored olive oils or new health benefits.
- Changes in import policies or trade agreements impacting supply.