In 2023, the household expenditure on lettuce in Japan stood at 2.16 thousand Japanese yen. Forecast data indicates a gradual increase: from 2.17 thousand yen in 2024 to 2.23 thousand yen by 2028. The year-on-year variation shows a slow but steady growth pattern, with an approximate increase of 0.92% from 2024 to 2025, 0.46% from 2025 to 2026, 0.91% from 2026 to 2027, and 0.45% from 2027 to 2028. The compounded annual growth rate (CAGR) over the last five years stands at around 0.62%.
Future trends to watch for:
- Potential impact of inflation and economic shifts on household spending power.
- Changes in consumer preferences towards organic or locally-sourced produce.
- Technological advancements in agriculture impacting supply and pricing.
- Government policies affecting agricultural subsidies and tariffs.