The forecast data for raisin consumption in the US from 2024 to 2028 indicates a declining trend. Starting at 5.54 pounds in 2024, there is a gradual decrease to 5.26 pounds by 2028. Compared to the actual consumption in 2023, this series represents a negative trend, with 2024 showing no variation. The yearly changes reveal consistent declines, roughly around 1.5% on average. The five-year compound annual growth rate (CAGR) is expected to be a gradual decline, reflecting a steady decrease in raisin consumption.
Future trends to watch include changes in consumer preferences towards healthier, fresh alternatives, which could further impact the demand for raisins. Additionally, innovation in raisin-based products and potential health campaigns promoting their nutritional benefits could influence consumption patterns. Monitoring economic factors such as price changes and supply chain disruptions will also be essential to understanding future consumption behaviors.
