Forecast: Canned Green Peas Production in the US

In 2023, the production of canned green peas in the US stood at a certain level, providing a baseline for future forecasts. Between 2024 and 2028, a steady decline in production is expected, with year-on-year decreases of approximately 1.78% from 2024 to 2025, 1.78% from 2025 to 2026, 1.77% from 2026 to 2027, and 1.77% from 2027 to 2028. This decline reflects broader patterns in agricultural production and market demand, resulting in a compound annual growth rate (CAGR) of approximately -1.78% over the five-year period.

Looking ahead, several trends could impact future production levels:

  • Climate change effects on crop yields.
  • Shifts in consumer preferences towards fresh or alternative forms of peas.
  • Potential agricultural innovation improving yield and reducing production costs.
  • Changes in trade policies affecting import-export dynamics.

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