As of 2023, US dry buttermilk consumption was x pounds. Forecasted figures show a gradual increase from 0.38 pounds in 2024 to 0.41 pounds by 2028. Year-on-year growth remains modest, with increments of approximately 2.56% by 2025 and maintaining similar rates subsequently. The compound annual growth rate (CAGR) over five years (2024-2028) is estimated at 1.55%, reflecting steady but subdued growth.
Future trends to watch for:
- Evolving consumer preferences towards alternative ingredients or products may impact demand.
- Innovations in food technology might change processing and application uses, influencing consumption.
- Environmental and sustainability concerns could affect production practices and market dynamics.