In 2023, the per capita consumption of grapefruit in China stood at a substantial level, laying the foundation for predicted growth. Between 2024 and 2028, the forecast indicates a consistent upward trend in grapefruit consumption, growing steadily from 3.17 kg to 3.35 kg per capita. This represents an annual increase ranging between 0.5% to 1.5% in volume terms, highlighting a moderate yet steady consumption growth. The compound annual growth rate (CAGR) over this five-year period suggests an underlying increase in economic factors or consumer preferences favoring grapefruit.
Future trends to watch:
- Rising health consciousness may boost grapefruit's popularity due to its nutritional benefits.
- Potential supply chain developments affecting production and distribution costs.
- Changing trade policies impacting import and export dynamics, possibly influencing domestic market size.