In 2023, the actual consumption of processed apricots in the US was measured at approximately 0.50 pounds per capita. The forecast data indicates a downward trend, with consumption decreasing by 4.08% in 2024 to 0.49 pounds. The following years continue this trend with expected decreases of around 4.26% in 2025, 2.13% in 2026, 4.35% in 2027, and 2.27% in 2028. This results in a compound annual growth rate (CAGR) of -3.15% over the forecast period from 2024 to 2028.
Future trends to watch for in the processed apricots market include:
- Consumer preferences shifting towards fresh or alternative fruit options.
- Potential changes in domestic apricot production affecting supply.
- Health trends that may impact consumption positively if apricots are promoted for their nutritional benefits.