In 2023, US potato demand stood at 20.31 million metric tons. Forecasts for 2024–2028 show a steady increase: by 2028, demand will reach 20.62 million metric tons, reflecting gradual growth. The year-on-year changes indicate minute increases between 0.29% and 0.34%. Over the five-year forecast period from 2024 to 2028, the compound annual growth rate (CAGR) is approximately 0.3%, highlighting consistent but slow growth in demand for potatoes.
Future trends to watch include shifts in consumer preferences towards healthier eating, which could impact processed potato consumption. Additionally, sustainable farming practices and climate change could influence supply chain dynamics and pricing in the potato industry.
