In 2023, fresh carrot consumption in the US stood at 14.62 pounds. From 2024 to 2028, consumption is forecasted to increase steadily, with a consistent year-on-year growth averaging around 3% annually. The compound annual growth rate (CAGR) over these five years is approximately 2.9%. This steady rise suggests increasing demand, possibly driven by health trends and greater interest in plant-based diets.
Future trends to watch for include:
- Rising consumer awareness of nutritional benefits, potentially fueling more growth.
- Impact of agricultural innovations and supply chain efficiencies on pricing and accessibility.
- Potential shifts in dietary preferences that could alter consumption patterns.