The forecast data for spices consumption per capita in the US from 2024 to 2028 shows a gradual increase from 3.92 pounds to 4.03 pounds. In 2023, the actual consumption stood at 3.89 pounds. The year-on-year growth is steady at approximately 0.76% over the period. The compound annual growth rate (CAGR) is approximately 0.68% from 2024 to 2028.
Future trends to watch for:
- Increased consumer interest in cooking and global cuisines may drive higher spice consumption.
- Potential influence of health trends and preferences for natural flavorings.
- Market disruptions due to supply chain issues or changes in agricultural production.