Analysis shows that fresh cherries consumption in the US experienced variable but generally positive trends from 2013 to 2023. Consumption stood at 1.32 pounds per capita in 2023. Notably, a significant year-on-year increase occurred in 2017 at 25.75%, followed by further oscillations such as a -12.45% fall in 2018 and a 3.12% rise in 2020. The last two years before 2024 showed modest year-on-year increases of 0.85% and 0.84%, respectively. The Compound Annual Growth Rate (CAGR) over the last five years till 2023 is 0.55%.
Forecasts indicate a continuous but mild upward trend, with the forecasted fresh cherries consumption reaching 1.37 pounds per capita by 2028. This suggests an average annual growth rate (CAGR) of 0.59% for the next five years and an overall forecasted growth rate of 3%.
Future trends to watch for include potential shifts in consumer preferences towards healthier diets, pricing of cherries in the market relative to other fruits, and the impacts of climate change on cherry production and supply chains. Observing these factors will be crucial for anticipating changes in fresh cherries consumption in the coming years.
