As of 2023, household expenditure on dried fruit in the UK stood at 8.50 Pence Sterling Per Capita Per Week. The forecasted data from 2024 to 2028 illustrates a gradual increase:
- 2024: 8.52
- 2025: 8.56
- 2026: 8.59
- 2027: 8.63
- 2028: 8.67
Year-on-year variation shows a steady, albeit modest, increase yearly without any sharp fluctuations:
- 2025 vs 2024: +0.47%
- 2026 vs 2025: +0.35%
- 2027 vs 2026: +0.47%
- 2028 vs 2027: +0.46%
The 5-year compound annual growth rate (CAGR) from 2024 to 2028 is approximately 0.42% per year, indicating a consistent growth trend in household expenditure on dried fruit.
Future trends to watch for:
- Shifts in consumer health trends could drive more significant increases in dried fruit consumption.
- Economic factors and inflation affecting food prices may impact household budgets and spending on non-essential items like dried fruit.
- Potential increases in the variety and availability of dried fruit products could stimulate higher demand.