The forecast for beef consumption in the US indicates a steady decline from 81.18 pounds in 2024 to 80.34 pounds in 2028. This represents a slight annual decrease of approximately 0.5%, reflecting a broader trend seen in the past two years. Using a five-year period comparison, the compounded annual growth rate (CAGR) would likely show a similar modest decline in beef consumption.
Future trends to watch for include the impact of alternative proteins, changes in consumer preferences towards more sustainable diets, and potential economic fluctuations affecting disposable income and consumption patterns.
