In 2023, the value of rhubarb production in Canada stood at approximately 3.07 million Canadian dollars. Based on the forecast data from 2024 to 2028, there is a steady year-on-year increase in value, with a consistent growth trend noticed. Each year shows an approximate increase of around 2-3%. The compound annual growth rate (CAGR) for the duration from 2023 to 2028 is projected to be modest, reflecting a stable rise in rhubarb production value.

Future trends to watch for:

Changing consumer preferences towards local and organic produce, possibly influencing increased demand.
Adverse weather conditions impacting production levels each year.
Economic factors, such as currency fluctuations, affecting export opportunities and profitability.