In 2023, the consumption of frozen green peas in the US stood at 1.13 pounds on average per person. The forecast for 2024 to 2028 indicates a gradual decline in consumption, from 1.1 pounds in 2024 to 0.98 pounds in 2028. This represents a year-on-year decrease of 2.73% in 2025, 2.80% in 2026, and 2.88% in 2027 and 2028. The overall compound annual growth rate (CAGR) for this period is a negative -2.94%, indicating a consistent decline in frozen green peas consumption.
Future trends to watch for include:
- Consumer preference shifts towards fresh or locally sourced vegetables.
- Potential changes in dietary habits and health-conscious choices affecting frozen vegetable consumption.
- Impact of pricing and promotional activities by retailers to influence consumer purchases.
- Emerging trends in convenience foods and ready-to-eat meal options impacting consumption patterns.
