The forecasted gross production of dry peas in the US is set to increase steadily from 247.49 million USD in 2024 to 253.87 million USD in 2028, reflecting a year-on-year growth rate of approximately 0.65%. Compared to the levels in 2023, this marks a continuous upward trend, reaching a compound annual growth rate (CAGR) of about 0.65% over the projected period.
Future trends to watch for include:
- Potential impacts of climate change on agricultural yields.
- Shifts in consumer preferences towards plant-based proteins.
- Developments in farming technologies and productivity enhancements.
- Trade policies influencing export opportunities for US dry peas.