In 2023, domestic consumption of peaches and nectarines in the US stood at a volume of 567 thousand metric tons. Forecasts suggest a year-on-year decline from 2024 to 2028, with consumption expected to decrease from 531.91 to 406.89 thousand metric tons. The decline translates to a CAGR of -6.25% over the forecast period, indicating a steady reduction in consumption.
Future trends to watch include:
- Changing consumer preferences towards other fruits or plant-based alternatives.
- Potential impacts of climate change on domestic peach and nectarine production.
- Shift in distribution channels or marketing strategies that might influence availability and demand.
- Potential economic factors that could affect disposable income and thereby consumption.