In 2023, the import of frozen berries to the US stood at approximately 915 million USD. The forecasted figures indicate a consistent upward trend from 2024 to 2028, with a year-on-year increase of approximately 2% to 2.1%. This trend showcases a compounded annual growth rate (CAGR) of roughly 2.16% over five years, reflecting stable demand and possibly increased consumer preferences towards healthy and convenient food options like frozen berries.
Future trends to watch for include:
- Changes in consumer preferences towards organic and sustainably sourced berries.
- Potential impacts of trade policies on import costs and volumes.
- Technological advancements in supply chain and preservation impacting quality and competitiveness.
- Economic factors that could influence disposable income and spending habits on imported goods.