The forecasted data suggests a consistent decline in canned peaches and nectarines consumption in the US from 2024 to 2028. In 2023, the consumption stood at 1.65 pounds. The decline continues year-on-year with a decrease of 5.81% from 2024 to 2025, 5.48% from 2025 to 2026, and 6.52% from 2026 to 2027. The consumption further drops by 6.20% from 2027 to 2028. The compound annual growth rate (CAGR) indicates an average annual decrease of 11.24% over the five-year period.
Future trends to watch for:
- Increasing health-conscious lifestyle shifts could heighten preference for fresh produce over canned alternatives.
- Rising demand for organic and non-GMO products may drive changes in market offerings.
- Assess potential impacts of economic factors such as inflation or supply chain disruptions on canned fruit consumption.
