Based on forecasts, the supply of raisins in the US shows a continuous decline from 2024 through 2028, starting at 317.36 thousand metric tons and decreasing steadily each year.
The year-on-year percentage decrease is consistent over the years and the 5-year CAGR indicates a steady decline, emphasizing a decreasing trend starting from the recorded supply level in 2023.
Future trends to watch for:
- Monitor global and domestic agricultural policies impacting grape production.
- Consider the effects of climate change on raisin crop yields.
- Track consumer preference shifts towards healthier alternatives or new consumption patterns.