In 2023, the cherry production in the US stood at 336.50 thousand metric tons. The forecasted data from 2024 to 2028 indicates a steady growth in production. The year-on-year percentage variations are: 0.77% from 2024 to 2025, 0.75% from 2025 to 2026, 0.73% from 2026 to 2027, and 0.71% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the forecasted period of five years is approximately 0.78%, reflecting a consistent upward trend in production.
Future trends to watch for:
- Climate change and its impact on cherry yields.
- Technological advancements in agriculture that could boost productivity.
- Potential shifts in consumer preferences towards cherries.
- Global trade policies influencing export and import of cherries.
