The forecast for dry pinto beans consumption in the US from 2024 to 2028 shows a gradual decline. By comparing with the 2023 data, which stood at 2.00 pounds per capita, the year-on-year percentage decline is consistently noticeable. From 2023 to 2024, the decrease is 2%. This trend continues with a 2.55% drop from 2024 to 2025, and subsequent annual declines of 3.14%, 2.70%, and 2.22% through 2028. The five-year CAGR from 2024 to 2028 indicates an average annual decrease of around 2.67%.
Future trends to watch include potential shifts in dietary preferences, which might influence pinto bean consumption. Growing interest in plant-based diets could spur demand, offsetting declines. Additionally, changes in agricultural policies or economic factors affecting food prices could impact these trends. Keeping an eye on consumer health trends and market innovations will be crucial in adjusting forecasts accordingly.
