In 2023, the output of Agriculture, Forestry, and Seafood in the US was valued at approximately 554.4 billion USD. Forecasts suggest a gradual growth with values reaching 581.83 billion USD by 2028. A year-on-year growth trend shows a moderate increase between 0.99% and 1.17%. The five-year compound annual growth rate (CAGR) is expected to be around 0.99%. This indicates stable expansion, likely driven by increasing demand and technological advancements in these sectors.

Future trends to watch for in this sector include:

The impact of climate change policy on agricultural practices and yield efficiency.
Technological integration in farming, such as AI and IoT, enhancing productivity.
Regulatory changes affecting forestry and fisheries management.
Consumer shifts towards sustainable and locally sourced products.