The forecast for the Food and Beverages sector in the US shows a steady increase in value added, expressed as a percentage of total manufacturing. This upward trend is expected to continue from 15.8 in 2024 to 16.34 by 2028. Between 2024 and 2028, the sector exhibits a compound annual growth rate (CAGR) that suggests moderate but consistent growth. The year-on-year percentage variation remains relatively stable, indicating a resilient sector with gradual improvement.
Future trends to watch for include advancements in food technology, shifts in consumer preferences towards healthier and sustainable options, and potential regulatory changes that could impact production and distribution. Additionally, economic factors such as inflation and trade policies may influence the sector's growth trajectory.