The agricultural products and livestock gross value added (GVA) in the US has shown some volatility over the past decade, reaching USD 211.06 billion in 2023. Following a peak in 2013, the GVA experienced a steady decline until 2016, recovering slightly through 2023. The annual average growth rate over the past five years was 4.62%. The forecasts suggest a modest upward trend with an estimated 1.1% annual growth rate, reaching USD 226.18 billion by 2028.

Future trends to watch for:

Impact of technological advancements and innovations in farming practices.
Effects of climate change and regulatory policies on crop yields and livestock production.
Global market demand fluctuations and trade policies influencing export values.