Based on the forecast data, pineapple juice consumption in Canada from 2024 to 2028 is projected to show a steady increase. Starting from 24.29 thousand metric tons in 2024, it is expected to rise to 24.92 thousand metric tons by 2028. This consistent growth indicates a stable demand. Comparing year-on-year, the average increase is approximately 0.66% annually.
For context, the value in 2023 was slightly lower, marking the beginning of this upward trend. The consumption in 2023 stood at 24.20 thousand metric tons. The Compound Annual Growth Rate (CAGR) over this five-year period reflects a gradual yet persistent growth trend at 0.65% per year.
Future trends to watch for include potential impacts from health trends, changes in consumer preferences towards natural and organic products, economic factors affecting purchasing power, and variations in global supply chains that may influence availability and pricing.
