Frozen vegetable consumption in the US is forecasted to see a consistent yet modest growth year-on-year from 2024 to 2028. With actual figures for 2023 standing at 74.47 pounds, the data for 2024 starts at 74.62 pounds, noting a rise of around 0.20%. This slight upward trend continues, showing incremental increases each year: 0.24% for 2025, 0.21% for 2026, 0.23% for 2027, and 0.21% for 2028. These variations suggest steady, incremental growth, capturing an average annual growth rate (CAGR) of approximately 0.22% over the five-year period.
Future trends to watch for:
- Health-conscious consumer behavior driving demand for frozen vegetables.
- Technological advancements in freezing processes improving quality and convenience.
- Potential impact of economic factors like inflation and supply chain stability.