The forecasted import of residues, wastes of food industry, and animal fodder to Japan shows a steady increase from 2024 through 2028, with values ranging from approximately 2.67 billion USD in 2024 to 2.71 billion USD in 2028. Given this consistent upward trend, the year-on-year growth rate is modest, averaging near or just above 0.5% annually. The Compound Annual Growth Rate (CAGR) during this five-year period does not show marked acceleration, suggesting a stable and predictable market trajectory.
Future trends to watch include:
- Potential market disruptions due to global trade policies or tariffs affecting agricultural imports.
- Technological advancements in animal nutrition that could alter import needs.
- Increased focus on sustainability and alternative protein sources impacting market dynamics.
