Canada Bakery Industry Outlook 2024 - 2028

See how Canada Bakery performed compared to key markets.

Key Market Indicators

Canadian bread exports are projected to hit approximately $4.2 billion by 2028, up from around $3.6 billion in 2023. This represents an average annual growth rate of 2.5%. Historical data shows that since 1994, Canada's bread supply has increased steadily at an average rate of 4.7% per year. On the import side, Canadian bread imports are expected to reach about $2 billion by 2028, compared to $1.8 billion in 2023. This marks an annual growth rate of 1.8%. Since 1994, the demand for imported bread in Canada has surged at an average rate of 3.1% per year.

Canada Bakery Market Data and Forecasts

Canada Bakery : how will it grow in the coming years?

Forecast: Bread and Bakery Product Manufacturing Revenue in Canada
Forecast: Household Expenditure on Bakery Products in Canada
Forecast: Household Expenditure on Ready-to-Bake Bakery Products in Canada
Forecast: Household Expenditure on Frozen Bakery Products in Canada
Forecast: Value Added of Bread and Bakery Product Manufacturing in Canada
Forecast: Export of Baked Bread, Pastry and Wafers from Canada
Forecast: Import of Baked Bread, Pastry and Wafers to Canada
Forecast: Export of Sweet Biscuits, Waffles and Wafers from Canada
Forecast: Import of Sweet Biscuits, Waffles and Wafers to Canada
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