The consumption of dried grapes in the US is forecasted to decline from 5.54 pounds in 2024 to 5.26 pounds in 2028. For 2023, the consumption stood at 5.62 pounds. Reviewing the year-on-year variations, consumption is projected to decrease by approximately 1.4% from 2024 to 2025, 1.3% from 2025 to 2026, 1.3% from 2026 to 2027, and 1.1% from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) is around -1.4%.
Future trends to watch for:
- Shifts in consumer eating habits toward fresh fruits over dried alternatives.
- Potential impacts of health trends and awareness on dried grape consumption.
- Market dynamics such as price changes, availability, and competition with other snack options.
- Effect of import and export regulations on the supply chain.