In 2023, household expenditure on canned or bottled beans in Canada stood at CAD 8. The forecast from 2024 to 2028 indicates a modest growth pattern, with consistent expenditure at CAD 9 until 2026, followed by an increase to CAD 10 in 2027 and 2028. This represents a steady year-on-year growth of about 11.1% in 2027, with a Compound Annual Growth Rate (CAGR) of approximately 4.6% over the five years from 2024 to 2028.
Moving forward, important trends to monitor include potential shifts in consumer preferences towards healthier and plant-based diets, economic factors affecting disposable income, and price fluctuations in the global food market, which could impact expenditure on canned or bottled beans in Canada.
