In 2023, the consumption of frozen carrots in the US stood at 2.00 pounds. The forecasted data from 2024 to 2028 shows a steady increase in consumption, with values reaching 2.07 pounds by 2028. The year-on-year variation for the forecasted period is minimal, indicating a stable growth trend of approximately 1% per year.
For the last two years (2024-2025), the trend shows an increase of 1% per year, with a similar steady growth pattern projected until 2028, reflecting a cumulative average growth rate (CAGR) of around 0.99% per year over the five-year period.
Future trends to watch for include shifts in consumer preferences towards healthier and convenient food options, potential impacts of economic changes on purchasing power, and the evolving competitive landscape in the frozen vegetable sector, which may influence consumption patterns.
