The US primary vegetables and fruits gross production shows a projected decline from $24.497 billion in 2024 to $20.063 billion by 2028, based on PPP values from 2004–2006. When considering 2023 as a baseline, where the value was $25.630 billion, each successive year indicates a contraction.
The year-on-year decline percentage from 2024 to 2025 is approximately 4.60%, followed by a 4.76% decrease from 2025 to 2026. The trend continues with a 4.96% drop from 2026 to 2027, and finally, a reduction of 5.17% from 2027 to 2028, averaging an annual decrease or CAGR of approximately 4.75% over five years.
Future trends to watch include:
- Potential impacts of climate change on crop yields.
- Shifts in consumer preferences towards sustainable and local produce.
- Economic factors, such as global trade policies and input cost variations.
- Technological advancements in agricultural productivity improvements.