The consumption of low-fat and non-fat ice cream in the US from 2013 to 2023 shows a trend of moderate growth with fluctuations. The year-on-year variation demonstrates occasional upturns and downturns, with a slight increase from 6.04 pounds per capita in 2013 to 6.71 pounds per capita in 2023. The consumption increased significantly in 2021 by 2.31%, followed by a minor decrease of 1.68% in 2022, and a negligible increase of 0.27% in 2023. The compound annual growth rate (CAGR) over the last five years indicates a steady, albeit slow, growth rate of 0.26% per year.
Looking ahead, the forecasted data for 2024 to 2028 continue to show a slight upward trend, with the CAGR anticipated at 0.2% and an overall growth rate of 1.01%. This suggests the market for low-fat and non-fat ice cream is expected to continue its gradual increase. Monitoring consumer preferences towards healthier choices and emerging trends in sugar-free and alternative ingredient ice creams will be pivotal in shaping future market dynamics.
