In 2023, grapefruit gross production in the US was estimated at $120 million. The forecast for 2024 indicates a decline to $100.01 million, with subsequent yearly drops: 20.71% in 2025, 25.89% in 2026, 34.44% in 2027, and 52.16% in 2028. The 5-year CAGR from 2023 is projected at -25.84%, indicating a substantial downward trend in production value.
Future trends to watch for include potential shifts in consumer preferences, climatic impact on grapefruit production, advancements in agricultural technology, and economic factors that could influence market conditions and production costs. These variables may further shape the industry landscape in coming years.
