In 2023, the import of starches and inulin to Canada was valued at approximately 66.98 million USD. The forecasts indicate a steady growth in imports from 2024 to 2028, beginning at 68.347 million USD in 2024, climbing to 73.674 million USD by 2028. Year-on-year variations demonstrate a consistent increase: 2% from 2024 to 2025, 1.93% from 2025 to 2026, and continuing similarly through to 2028. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is projected to be approximately 1.93%.
Future trends to watch may include potential changes in demand driven by consumer trends towards healthier food options and sustainable products, as well as any trade policies affecting the import of these goods. Additionally, advancements in local food technology could impact the import volume.
