In 2023, canned vegetable consumption in the US was slightly higher than forecasted at 86.32 pounds. The projections from 2024 to 2028 show a gradual decrease, indicating a sustained annual decline in consumption. Year-on-year, the decrease is consistent, with a slight drop of around 0.53% per year on average. Over the five-year forecast horizon, the compound annual growth rate (CAGR) is negative, reflecting a modest decline trend.
Future trends to watch for include a possible shift towards fresh or organic alternatives as consumer health consciousness grows, and potential market shifts arising from evolving dietary preferences or economic factors impacting affordability and preferences for canned goods.
