In 2023, the production of frozen vegetables in the US was recorded at 22.28 billion pounds. As we look into the forecast from 2024 to 2028, the production shows a steady incremental trend. In 2024, production is forecasted to rise to 22.38 billion pounds, marking an increase of approximately 0.45% from the previous year. The year-on-year growth continues with slight increments: 0.45% in 2025, 0.40% in 2026, 0.40% in 2027, and 0.40% in 2028. Looking at the last two years, from 2022 to 2023, the production saw an increase of 0.90%. Over the past five years, the Compound Annual Growth Rate (CAGR) is estimated at 0.42% per year.
Future Trends to Watch For:
- Technological advancements in preservation techniques could further enhance production efficiency and output.
- Rising health awareness and demand for convenience foods might boost consumption, leading to increased production.
- Policy changes and agricultural innovations could significantly impact production dynamics.
