In 2023, grapefruit consumption in the US is estimated at 2.21 pounds per capita. Forecasts indicate a steady decline from 2024 to 2028, with consumption dropping from 1.97 to 0.76 pounds, a significant downward trend. This results in a compound annual growth rate (CAGR) of approximately -18.34%. Analyzing year-on-year percentages reveals a steady decrease, suggesting diminishing consumer interest or shifts in dietary preferences.
Future trends to watch for:
- Emerging nutritional research affecting consumer preference.
- Market efforts to innovate or reposition grapefruit in dietary trends.
- Potential impact of health trends or alternative fruit consumption.
- Supply chain dynamics and their influence on availability and pricing.