Forecast: Import of Coffee Extracts, Essences, Concentrates, Preparations to Canada

The forecast for Canada's import of coffee extracts, essences, concentrates, and preparations shows a steady increase from 2024 to 2028, with values rising from $162.42M in 2024 to $172.25M in 2028. This gradual growth indicates a consistent demand in the Canadian market. However, as we lack data for 2023, a baseline for comparison is unavailable, making it challenging to determine the true variation percentage over recent years. Nonetheless, the projected consistent growth suggests an average compound annual growth rate (CAGR).

Future trends to watch for include fluctuating consumer preferences for coffee products, global supply chain dynamics affecting coffee extract availability, and economic factors that might impact import levels, such as trade agreements and tariffs.