In 2023, the production of fresh peas in Canada was approximately 47.5 thousand metric tons. Over the forecast period from 2024 to 2028, production is expected to decline gradually. Year-on-year changes show a slight decrease, with 2024 starting at 47.27 thousand metric tons, leading to 46.47 thousand metric tons by 2028. Annual percentage decreases are minimal but indicate a steady downward trend.
The five-year compound annual growth rate (CAGR) analysis further highlights a consistent reduction in output. This trend may be influenced by factors such as crop productivity declines, changing climate conditions, or shifts in agricultural focus.
Future trends to watch for include:
- Impact of technological innovations on farming efficiencies.
- Environmental regulations affecting land use and crop choice.
- Market demand shifts due to changing consumer preferences.
