The data indicates a consistent upward trend in U.S. food imports, growing from a forecasted value of 6.96 in 2024 to 7.36 in 2028. This represents a year-on-year growth rate of approximately 1.4%. Comparing with previous years, there is a clear, steady increase in food imports marking rising demand.
The compound annual growth rate (CAGR) is around 1.4%, suggesting continuous and gradual expansion in the market.
Future trends to watch for:
- Impact of international trade policies and agreements.
- Fluctuations in global agricultural production and climate change effects.
- Technological advancements in food preservation and transportation.