The forecasted supply of frozen green and wax beans in Canada shows a steady increase from 2024 to 2028, rising from 12.77 thousand metric tons in 2024 to 13.44 thousand metric tons in 2028. Comparing the values year-on-year, there is an average increase of around 1.56% annually. The compound annual growth rate (CAGR) over this five-year period is estimated to be approximately 1.3%. In 2023, the supply stood at a level below the 2024 forecast, marking continued growth in this sector.
Future trends to watch for include changes in consumer preferences towards frozen vegetables, potential impacts of climate change on agriculture, and shifts in import-export dynamics. Keeping an eye on technological advancements in food preservation and supply chain improvements is also crucial for anticipating further supply growth.
