Analysis of Canadian Beverages Sales in Canada reveals that volume stood at 2.4626 billion liters in 2023. From 2013 to 2019, sales showed slight fluctuations with both declines and modest increases, ultimately resulting in a relatively flat trend. Notably, 2020 marked a significant uptick with a 2.89% year-on-year increase, followed by continued growth reaching 2.4626 billion liters in 2023, reflecting an overall CAGR of 1.3% over the last five years.

Future trends to watch for:

Stabilization of annual growth with a forecasted 5-year CAGR of 0.04%
Continued slight year-on-year increases signaling market stability
Potential shifts in consumer preferences and economic conditions impacting future sales