Based on the forecast data, butter consumption in the US is projected to remain stable from 2024 through 2028 at 1.06 million metric tons annually. This indicates no percentage variation year-on-year, reflecting a potential stabilization in consumption patterns.
Looking back at 2023, actual butter consumption sets a baseline for understanding these forecasted figures. The long-term trend suggests a plateau, with a CAGR of 0% over the forecast period, implying a stagnant market environment unless influenced by external factors.
Future trends to watch include shifts in consumer health trends, technological advancements in alternative spreads, and economic factors affecting dairy prices. Monitoring these areas may provide insights into potential deviations from the forecast.
