Companies strive to predict future sales, and while it’s no easy task, there are plenty of indicators to help predict which industries will grow. The team at LLC Attorney used this data to help determine which products consumers are willing to spend the most on in the next five years.
It’s not a shock to see groceries take the top spot. Inflation has elevated prices, and they aren’t expected to come back down. However, consumers need food, so they will spend whatever is necessary on groceries. Out of all groceries, fish, seafood, oils, fats, sauces, and spices are expected to increase in price the most.
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Co-founder and Vice President of SearchRank, responsible for many of the day to day operations of the company. She is also founder of The Arizona Builders' Zone, a construction / home improvement portal.
