Key Market Indicators
American fruit production is projected to decline over the next five years, according to recent industry forecasts. By 2028, output is expected to reach approximately 21.7 million metric tons, a decrease from the current 23.6 million metric tons recorded in 2023. This marks a year-on-year compound annual growth rate (CAGR) decline of 1.3%. Historical data shows that the trend is not new. Since 1966, the supply of fruits in the United States has been falling at an average rate of 0.6% annually. This long-term decline points to ongoing challenges in the sector, including changing climate conditions, shifts in consumer preferences, and potential disruptions in supply chains. Industry experts are closely monitoring these developments, as the decrease in fruit production could have significant implications for both domestic markets and international trade.
