In 2023, the household expenditure on jams, jellies, marmalades, and similar preserves in Canada was slightly higher than the forecast for 2024, standing at approximately CAD 13.03. From 2024 to 2028, a gradual decline is projected in expenditure values, signaling a decreasing trend over this period. Year-on-year percentage changes reveal a consistent decrease of around 1.4% per year. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately -1.4%, indicating an average annual reduction.
Future trends to watch for include potential shifts in consumer preferences towards healthier or alternative spread options, which could further influence market dynamics. Additionally, economic factors such as disposable income and demographic changes may impact expenditure patterns in this category.
