In 2023, walnut consumption in the US stood at 0.56 pounds per capita. Forecasts predict a slight increase in consumption, with values rising to 0.57 pounds in 2024 and incrementally reaching 0.59 pounds per capita by 2028. The year-on-year variations from 2024 to 2028 are minimal, reflecting a steady growth trend of approximately 0.017% annually. The compounded annual growth rate (CAGR) over these five years indicates a gradual increase in walnut consumption.
Future trends to watch for include potential shifts in consumer dietary preferences, increased awareness of the health benefits of walnuts, and innovations in walnut-based products. Monitoring the impact of economic factors and market supply on walnut availability and pricing will also be crucial in understanding consumption trends.
