The forecast for fresh peppers consumption per capita in Canada indicates a steady growth from 2024 to 2028, escalating from 4.06 kilograms in 2024 to 4.20 kilograms in 2028. The year-on-year growth rates between these years range from approximately 0.74% to 0.97%, showcasing a consistent incremental trend. The compound annual growth rate (CAGR) over this five-year period is projected to be around 0.86%, representing a stable demand increase.
Looking ahead, factors to watch include potential impacts of climate change on crop yields, shifts in health trends towards more plant-based diets, and any economic or trade policies affecting agricultural commodities. Consumer preference for organic and locally sourced produce could further influence consumption patterns.
