The forecast for pear production in the US shows a steady decline from 2024 to 2028, moving from 553.42 to 493.59 thousand metric tons. This represents a year-on-year decrease of approximately 2.74% to 3.00% during each subsequent year, a trend reflecting a shrinking production scale in the industry. In 2023, the production stood at a higher level compared to the anticipated outputs starting in 2024. Over the five-year forecast period, the compound annual growth rate (CAGR) indicates a consistent average annual reduction in production.
Future trends to watch for include:
- Shifts in domestic fruit consumption patterns impacting demand.
- Climate change and its effects on agricultural yields.
- Emerging technological advancements in agricultural practices.
- Economic factors influencing production costs and profitability.