The domestic consumption of table grapes in Mexico has witnessed varied growth from 2013 to 2023. The value for 2023 stands at 279.82 thousand metric tons. The market experienced significant growth spurts in 2017 and 2019, with a notable year-on-year increase of 19.15% and 15.81% respectively. However, there were brief periods of slight decline in 2014, 2020, and 2021, illustrating minor volatility within the market. Over the last five years, the compound annual growth rate (CAGR) was 3.46%, indicating steady growth.
Projected trends for table grape consumption show continued growth, albeit at a slower pace. The forecasted five-year CAGR is 1.35%, with an estimated increase in consumption to 304.7 thousand metric tons by 2028.
Future trends to watch for include:
- Potential impacts of climate change on grape production.
- Shifts in consumer preferences towards healthier food options.
- Economic factors and their influence on consumer purchasing power.
- Technological advancements in agricultural practices potentially increasing yield and quality.