The forecasted household expenditure on rice and rice mixes in Canada shows a gradual increase from 2024 to 2028. The value stood at 64 CAD in 2024, with expectations to rise to 70 CAD by 2028. This trend reflects a consistent annual growth in expenditure, without data on previous years, making reference to 2023 difficult. The average annual compound growth rate (CAGR) indicates a steady upward trend of rice consumption or pricing over this period.

Future trends to watch for in the rice market include:

Potential dietary shifts or emerging culinary trends that could influence consumption.
Impact of economic factors such as inflation on food prices and household spending.
Environment and climate change affecting rice production and supply chain developments.