The yield for green peas in Canada is projected to increase steadily from 2024 to 2028, moving from 45.24 to 45.75 thousand hectograms per hectare. In 2023, this figure was 45.11 thousand hectograms per hectare. This indicates a rather modest year-on-year growth, averaging a 0.56% increase annually. The compound annual growth rate (CAGR) over the five-year forecast period is estimated at around 0.56%.
Future trends to watch for include:
- Impact of climate change on agricultural yield potential and sustainability practices.
- Advancements in agricultural technology that may further increase yield efficiency beyond projections.
- Fluctuations in market demand for green peas, potentially affected by shifts in dietary trends towards plant-based foods.