The forecasted data for the gross production of green peas in the US indicates a significant downward trend over the next five years. The predicted production, measured in million US dollars (PPP = 2004–2006), starts at 71.15 in 2024 and is expected to decline to 14.3 by 2028. Comparing the figures year-on-year from 2024 through 2028 reveals a sharp decline, with a compound annual growth rate (CAGR) reflecting a considerable decrease over these years. In 2023, the value of green peas gross production was slightly higher, further emphasizing the declining trend forecasted for the upcoming years.
Future trends to watch for include potential impacts from climate change, changing consumer preferences towards plant-based diets, and government policies promoting sustainable agriculture. These factors could alter the forecasted trajectory of green peas production and should be monitored closely for shifts in demand and production capabilities.
