The demand for grapes in Canada has shown a steady increase based on the forecasted data from 2024 to 2028. In 2023, the demand stood at 440.0 thousand metric tons. The forecasted data indicates a year-on-year growth of approximately 0.68% from 2024 to 2028. Over the last two years, this trend has continued to be incremental, signifying a stable growth environment. The five-year Compound Annual Growth Rate (CAGR) is around 0.68%, reflecting the consistent upward trajectory in the demand.
Future trends to watch for include potential shifts in consumer preferences toward organic and locally sourced grapes, which could influence demand patterns. Additionally, changing trade policies and climate change impacts on grape production may also play crucial roles in shaping future demand.
