In 2023, the gross production value of avocados in the US stood at an estimated baseline level from which future growth is projected. Forecasted data from 2024 through 2028 indicates a consistent yet moderate annual increase in value, highlighting a steady growth trend. The year-on-year percentage growth from 2024 to 2025 is approximately 0.27%, and this trend continues through to 2028. The compound annual growth rate (CAGR) for the 2024-2028 period is expected to be modest, reflecting stable market conditions.
Future trends to monitor include potential adjustments in consumer demand, climatic impacts on production, changes in agricultural policies, and advancements in avocado farming techniques that could influence production costs and market supply dynamics.
