The forecasted tangerines and tangelos consumption in the US shows a steady upward trend from 2024 through 2028, demonstrating a year-on-year increase in consumption values. In 2023, the actual consumption stood at 8.75 pounds. From 2024 to 2028, the year-on-year growth averages between 1-2%. The compounded annual growth rate over the five-year forecast period is approximately 0.75%, reflecting a consistent rise in demand.
Future trends to monitor include:
- Changes in consumer preferences towards healthier and convenient snack options.
- Potential impacts of climate change on citrus production and supply chain stability.
- Trade policies affecting import and export dynamics for citrus fruits.