The consumption of dried apples in Canada is expected to gradually increase from 2024 to 2028. In 2023, the consumption stood at approximately 1.85 thousand metric tons. The forecast indicates a steady upward trend, with consumption rising from 1.87 to 1.94 thousand metric tons over the next five years. The year-on-year growth rate is consistent at roughly 1.06% annually, suggesting incremental increases in market demand. The compound annual growth rate (CAGR) over this period is about 0.95%, highlighting moderate growth in consumption.
Looking ahead, factors influencing this trend include growing consumer interest in healthy snacking, potential fluctuations in apple production, and evolving market preferences. Additionally, monitoring changes in consumer dietary habits and potential shifts in pricing due to supply chain adjustments will be crucial for understanding future consumption patterns. Stakeholders should also watch for innovations in dried fruit products that can attract new consumer segments.
