Sales of dried and dehydrated fruits and vegetables in the US have experienced steady growth from 2013 to 2023. In 2023, the market stood at 4.9313 billion USD in value. Over the last two years, the year-on-year variation was 1.99% in 2022 and 1.91% in 2023. The compound annual growth rate (CAGR) over the last five years stood at 2.08%. Looking ahead, from 2024 onward, forecasts indicate a slower but continuous growth, with a forecasted five-year CAGR of 1.34% and an overall growth rate of 6.86% by 2028.
Future trends to watch for include:
- Increased demand for health-conscious snacking options.
- Expansion in online retail and subscription models.
- Potential impacts of climate change on agricultural production.