The consumption of dried plums in the US has shown significant fluctuations over the past decade. From 2013 to 2016, the market experienced growth with values rebounding to 1.02 pounds twice. However, in 2017, consumption saw a steep decline of 36.78%, followed by moderate growth and subsequent declines and stability around the 0.78 pounds level from 2019 to 2021. By 2023, consumption slightly decreased to 0.74 pounds, with a recent year-on-year drop of 1.73% and an average annual decline (CAGR) of -3.19% over the last five years.
Looking ahead, the forecasted data from 2024 to 2028 suggests a continued gradual decline in dried plum consumption, with a forecasted 5-year CAGR of -1.53% and an overall decline of 7.43%.
Future trends to watch for include:
- Changes in consumer health trends which might impact dried plum consumption either positively or negatively.
- Innovations in packaging and marketing that could reinvigorate interest in dried plums.
- Global supply chain factors that may affect availability and pricing, thereby influencing consumption patterns.
