In 2023, cream consumption in the US was X pounds, which is the latest actual data point. The forecasted data shows a gradual decrease in cream consumption from 2024 to 2028. In 2024, the consumption is projected at 4.1 pounds and declines to 4.03 pounds by 2028.
- Year-on-year percentage changes show a consistent decline at a rate of approximately 0.5% annually.
- The compound annual growth rate (CAGR) from 2024 to 2028 is approximately -0.5%, indicating a steady downward trend.
Future trends to watch include shifts in consumer preferences towards plant-based and dairy-free alternatives, nutritional trends influencing cream consumption, and regulatory changes affecting the dairy market. These factors may further impact the demand for cream in the coming years.
