In 2023, US imports of dry Great Northern beans stood at approximately 2.50 million pounds. The forecast from 2024 to 2028 shows a steady increase in imports, beginning with 2.61 million pounds in 2024 to 3.04 million pounds in 2028. This trend represents a compound annual growth rate (CAGR) of about 3.27% over the five-year period.
Future trends to watch for include:
- Potential changes in consumer preferences influencing demand for plant-based protein development.
- Global climatic changes impacting bean production and supply chains.
- Trade policy shifts that could affect the cost or availability of imports.