The consumption of frozen apricots in the US is projected to decrease steadily from 2024 to 2028. In 2023, the actual consumption stood at a level higher than the forecasted 2024 figures. The forecast shows a year-on-year decrease of approximately 16.67% from 2024 to 2025, followed by 20% between 2025 and 2026, then 25% from 2026 to 2027, and finally a smaller drop of 16.67% in 2028. The compound annual growth rate (CAGR) over the forecasted period indicates a significant decline in consumption.
Future trends worth watching include potential shifts in consumer behavior towards healthier, fresh apricot alternatives or changes in food processing technologies that might impact consumer preference for frozen apricots. Additionally, economic factors or changes in trade policies might influence import dynamics, potentially affecting frozen apricots' availability and pricing in the US market.
