The forecast for US domestic consumption of shelled almonds shows a steady upward trend from 2024 to 2028, starting with 381.05 thousand metric tons in 2024 and increasing to 407.64 thousand metric tons by 2028. In 2023, the actual volume consumed was slightly lower, indicating a consistent year-on-year growth. From 2024 to 2025, consumption is projected to grow by approximately 1.77%, with a similar pace maintained in subsequent years. The compounded annual growth rate (CAGR) over the five-year period from 2024 to 2028 is around 1.72%, suggesting gradual yet consistent growth.
Future trends to watch for include shifts in consumer preferences toward plant-based diets, which may further boost almond consumption. Additionally, market dynamics such as supply chain fluctuations and potential climate impacts on almond production could influence these forecasts.
