Based on the provided data, the consumption of frozen asparagus in the US has been relatively stable. The actual value for 2023 stood at 0.096 pounds. The forecasted values from 2024 to 2028 show a slight decline: 0.095 pounds for both 2024 and 2025, followed by a gradual decrease to 0.093 pounds by 2027 and 0.092 pounds by 2028.
Year-on-year variation:
- From 2023 to 2024: -1.04%
- From 2025 to 2026: -1.05%
- From 2026 to 2027: -1.06%
- From 2027 to 2028: -1.08%
CAGR (2023-2028): -1.05%
Future trends to watch for:
- Changes in consumer preferences towards fresh produce over frozen.- Economic factors influencing household spending on frozen vegetables.- Advances in freezing technology that may improve product quality and potentially boost consumption.- Marketing and health benefits associated with frozen vegetables that could impact demand.
