In 2023, the vegetable market size volume per capita in Australia stood at 93.11 kilograms. The forecasted data from 2024 to 2028 indicates steady growth in per capita vegetable consumption, with values rising from 93.39 kilograms in 2024 to 94.52 kilograms in 2028. The year-on-year percentage variation shows a consistent increase:
• 2024-2025: 0.31%
• 2025-2026: 0.30%
• 2026-2027: 0.30%
• 2027-2028: 0.30%
The compound annual growth rate (CAGR) over the five-year forecast period from 2024 to 2028 is 0.30% per annum.
Future trends to watch for:
• Consumer preferences towards organic and locally-sourced vegetables.
• Impact of urbanization on per capita demands.
• Government policies influencing agricultural outputs and imports.
