Forecast: Canned Apricots Consumption in Canada

The consumption of canned apricots in Canada is forecasted to decline steadily from 900 Metric Tons in 2024 to 870 Metric Tons in 2028. In 2023, the consumption stood at 910 Metric Tons, indicating a downward trend in demand. Year-on-year variations show a consistent decrease in consumption, with a notable decline seen between 2023 and 2024 at approximately 1.1%. Over the five-year period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) reflects an annual average decrease of around 0.8% per year.

Future trends to watch for:

  • Potential changes in consumer preferences towards fresh or alternative fruit formats.
  • Market impact of health-conscious consumer trends on canned products.
  • Effect of economic factors or import regulations on canned apricot market.

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