As of 2023, beer sales per capita in Canada stood at approximately 61.6 liters. Looking at the forecasted data from 2024 to 2028, we observe a consistent decrease: from 59.2 liters in 2024 to 49.7 liters in 2028. This represents a year-on-year percentage decline throughout this period, with an average annual decrease (CAGR) over the five years. Two key trends emerge from this data:
Future trends to watch for:
- Growing consumer preferences toward healthier lifestyles may further drive the decline in beer consumption.
- Innovation in non-alcoholic beer products could alter consumption patterns and mitigate the decline.
- Potential economic factors, such as changes in disposable income or taxation, could impact future beer sales volumes.