The gross production value of strawberries in the US is forecasted to grow steadily from 2024 to 2028, increasing from $1.9959 billion to $2.0205 billion in comparable PPP terms. In 2023, the actual production stood marginally under the 2024 value. The year-on-year growth rate is approximately 0.32% from 2024 to 2028, showing moderate stability in the industry. The five-year CAGR demonstrates a slow-paced but consistent upward trend in the market value of strawberries.
Future trends to watch for include the impact of technological advancements in cultivation, climate change effects on yield, and shifting consumer preferences towards organic and sustainable products, which could alter production dynamics and market value.
