The forecast for U.S. raisin production shows a decreasing trend from 2024 to 2028. Starting at 541.24 million pounds in 2024, production is expected to decline steadily to 510.78 million pounds by 2028. Compared to 2023, where data is necessary for a direct comparison, the forecast indicates an average annual decrease, with the CAGR (Compound Annual Growth Rate) being negative across these years, reflecting a consistent year-on-year reduction.
Future trends to watch for include:
- Shifts in consumer preferences towards alternative dried fruits and healthier snack options.
- Potential impacts of climate change on grape yields.
- Technological advancements in agriculture that could improve production efficiency.
- Market dynamics such as trade policies and international competition.