Key Market Indicators
Canadian Alcoholic Drink Consumption is projected to climb to approximately 7,500 metric tons by 2028, up from 6,000 metric tons in 2023. This marks an average annual growth rate of 3.4%. Since 2020, the demand for alcoholic beverages in Canada has surged by 24.6% annually. As of 2023, Canada ranked 90th in global consumption, with Algeria surpassing it at 6,000 metric tons. India, Japan, and Russia held the second, third, and fourth positions, respectively. On the export front, Canadian alcoholic drink exports are expected to reach approximately $1.34 billion by 2028, up from $1.23 billion in 2023, reflecting an average annual growth rate of 1.4%. Since 1994, Canada's export supply has seen a steady increase of 3.4% annually.
Latest reports
Canada Beverages Market Report- Q4 2024
The Canadian beverages market in Q4 2024 presents a dynamic landscape characterized by evolving consumer preferences and strategic industry shifts. Key market segments,...
