In 2023, Canadian cider sales were valued at approximately CAD 270 million. The forecast indicates a steady growth trajectory for the next five years, with sales projected to reach CAD 359.4 million by 2028. The year-on-year percentage growth ranges from approximately 6% to 7%, reflecting consistent demand and market expansion. The compound annual growth rate (CAGR) over the five-year period is estimated at about 6% annually, highlighting a robust upward trend in cider sales.

Future trends to watch for include:

Increasing consumer preference for craft and locally-produced ciders.
Expansion of cider offerings with natural and low-sugar options to appeal to health-conscious consumers.
Innovative marketing strategies targeting younger demographics to sustain the growth momentum.