The forecasted value added of beverages in Japan is expected to decline from 3.1457 trillion yen in 2024 to 3.0661 trillion yen in 2028. This data highlights a gradual year-on-year decrease of about 0.5% annually. In comparison to the value in 2023, there is a continuous slight reduction each year until 2028, indicating a steady downward trend in the market. The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is approximately -0.6% annually.
- Year-on-year variation (2025 vs. 2024): -0.65%
- Year-on-year variation (2026 vs. 2025): -0.64%
- Year-on-year variation (2027 vs. 2026): -0.64%
- Year-on-year variation (2028 vs. 2027): -0.62%
- Average annual variation (2024-2028): -0.6%
Future trends to watch for in Japan's beverage market include potential changes in consumer preferences, shifts towards healthier beverage options, and the impact of demographic changes such as an aging population. Monitoring sustainability initiatives and technological advancements in production can also provide insights into how the market might evolve.
