Frozen yogurt consumption in the US displayed significant fluctuation from 2013 to 2023, peaking at 1.42 Unit Pounds in 2013 and gradually declining to 1.01 Unit Pounds in 2023. Over the last two years (2022 to 2023), consumption decreased modestly by 4.19% and 2.23%. The CAGR over the past five years (2018 to 2023) shows a slight annual average decline of 0.079%. This persistent downward trend is expected to continue, with forecast data indicating a consumption of 0.89 Unit Pounds by 2028, reflecting a CAGR of -2.01% and an overall decrease of 9.66% over the next five years.
Future trends to watch for include changing consumer preferences towards healthier alternatives, potential innovation in product offerings, and shifts in demographic consumption patterns. Keeping an eye on these factors will be crucial in understanding the market dynamics affecting frozen yogurt consumption.
