The processed fruit consumption in the US has exhibited a downward trend from 2013 to 2023, with a particularly steep decline starting in 2017. In 2023, processed fruit consumption stood at 88.12 pounds per unit. Over the past two years, there has been a year-on-year decrease of 2.74% in 2023 and 4.62% in 2022. When analyzing trends over the last five years, the compound annual growth rate (CAGR) averaged a decline of 2.63% annually.
Future trends indicate a continued decline in processed fruit consumption, with forecasted data suggesting a further reduction to 75.28 pounds per unit by 2028. The forecasted five-year CAGR is -2.52%, translating to an overall projected decline of 11.98% by 2028.
Future Trends to Watch For:
- Shifts in consumer diet preferences towards fresh and organic fruits.
- Potential impact of health and wellness trends on processed food consumption.
- Influence of economic factors on consumer purchasing power and food choices.
- Advancements in food processing technologies and their potential to reverse the decline.
