In 2023, the grapes market size volume per capita in Australia stood at approximately 3.84 kilograms. The forecasted data from 2024 to 2028 shows a consistent annual decline. The volume per capita is projected to decrease from 3.7 kilograms in 2024 to 3.14 kilograms in 2028.
The year-on-year percentage variations are as follows: a decrease of 3.78% from 2024 to 2025, 3.93% from 2025 to 2026, 4.09% from 2026 to 2027, and 4.27% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over the five-year period from 2024 to 2028 is projected at -3.88% per year.
Future trends to watch for include factors such as changes in consumer preferences towards healthier diets, which may lead to fluctuations in grape consumption. Additionally, the impact of climate change on grape production and potential advancements in agricultural technologies could significantly affect supply and prices.
