As of 2023, the actual wheat consumption at the farm gate in the US stood at approximately 31 million metric tons. From 2024 to 2028, forecasts predict a slight yearly decline in wheat consumption, from 30.87 million metric tons in 2024 to 30.76 million metric tons in 2028. The year-on-year percentage variation indicates a marginal decrease in consumption. The compound annual growth rate (CAGR) for this period shows a minor downward trend over five years.
Future trends to watch for include potential shifts in domestic agricultural policy, changes in consumer dietary preferences, and international trade agreements impacting wheat export and import dynamics. Environmental factors and innovations in farming technology could also play significant roles in shaping consumption patterns.
