The forecast indicates a gradual increase in pumpkin consumption in the U.S. from 2024 to 2028. In 2023, the actual consumption was slightly lower. The year-on-year growth percentages reflect a steady increase, with the most notable trends being the consistent rise each year. Over the projected five-year period, the compound annual growth rate (CAGR) suggests a stable, moderate growth trajectory for pumpkin consumption.
Future trends to watch for include:
- Shifts in consumer preferences towards healthier and natural food options contributing to increased demand.
- Effects of climate change on pumpkin production potentially impacting supply and prices.
- Expansion of pumpkin-based products in new culinary markets and categories influenced by innovation.
