In 2023, the per capita consumption of raw sugar equivalent in the US stood at 33.10 kilograms. The forecasted data indicates a consistent and slight upward trend in consumption from 2024 to 2028, with an annual increase of around 0.03 kilograms per capita. Year-on-year growth rates are modest, highlighting a stable demand with minor fluctuations over the observed period. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) reflects a steady, albeit slow, rise in sugar consumption at the individual level.
Future trends to watch for include potential regulatory changes aimed at reducing sugar consumption due to health concerns, innovations in sugar substitutes, and their impact on market dynamics. Monitoring consumer preferences towards healthier alternatives and the sugar content in food and beverages will be crucial in understanding demand shifts.
