USA: Inflation causes 24% of consumers to reduce their spending on avocados

Published May 27, 2024

Tridge summary

The article, drawing on The Packer's Fresh Trends 2024 data, presents a robust overview of the avocado market in the US. It highlights that 51% of Americans have recently purchased avocados, with high-income earners and families with two or three children more likely to do so. Despite this, 23.8% of consumers have had to cut back on avocado spending due to inflation. The survey also reveals that a majority of avocado buyers are under 60, with 57% of those in the 30-39 and 40-49 age groups reporting recent purchases. Additionally, it notes that while 44.6% of consumers can confidently choose ripe avocados for immediate consumption, 41.4% prefer to let them ripen at home.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The purchase of avocados remains high, according to figures from The Packer's Fresh Trends 2024, which show that 51% of consumers declared having purchased them in the last 12 months. However, 23.8% of US consumers said they had reduced their spending on avocados due to inflation. The survey detailed that 44.6% of consumers said they felt comfortable selecting ripe avocados for immediate consumption, while 41.4% said that when they get home they expect the avocados to ripen. High-income consumers, those who earn more than US$100,000 annually, reported purchasing avocados more frequently. In addition, almost 61% of households with two or three children indicated buying avocados. Meanwhile, 66% of residents in the western zone declared having ...
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