Key Market Indicators
American Nuts Production is projected to climb to 3.3 million metric tons by 2028, up from 3.1 million metric tons in 2023. This marks an average annual growth rate of 1%. Since 2019, the American supply has been increasing at a rate of 0.9% per year. Meanwhile, American nuts consumption is expected to reach 1.44 million metric tons by 2028, rising from 1.35 million metric tons in 2023. This also represents an average yearly growth rate of 1%. Since 2019, American demand for nuts has grown at an annual rate of 0.8%. These figures highlight a steady upward trend in both the production and consumption of nuts in the United States.
