Report: US strawberry demand moving in positive direction
A new report from RaboResearch identifies short-term and long-term trends in the U.S. strawberry market.
“Strawberry Demand Moving in the Ripe Direction” identifies several current conditions in the industry, including the following:
- Although some consider the U.S. market to be mature, strawberry consumption has continued to grow. Strong consumer demand has driven an increase in imports and has incentivized multi-year high acreage in California.
- Strawberry availability is expected to improve in 2022, and prices will likely remain steady.
- The report also discusses the early development, challenges and opportunities of growing strawberries indoors or under protection – a production system that could take 5 to 10 years to become more mainstream.
“Strong consumer demand has driven an increased level of imports and has incentivized multi-year acreage in California,” the report said. “As a result, strawberry availability is expected to improve in 2022, and prices will likely remain steady. However, we expect some level of uncertainty, volatility and high input costs in the short run.”