The forecast shows a steady increase in household expenditure on non-dairy frozen ice treats in Canada from 2024 to 2028, beginning at 7.94 CAD in 2024 and reaching 8.62 CAD by 2028. Compared to 2023, these figures indicate a consistent compound annual growth rate (CAGR) over the specified period. The data reveals a year-on-year growth trend characterized by progressive annual increases, signaling a stable demand for these products.

Future trends to watch for include:

Potential shifts in consumer preferences towards non-dairy products due to dietary changes or health trends.
Impact of economic factors such as inflation or income levels on discretionary spending on non-essential goods like frozen treats.
Innovations in product offerings that could influence consumer interest and spending.