The demand for vegetables in Canada stood at 3.98 million metric tons in 2023, showing a slight year-on-year decline of 0.05%. Over the last 10 years, the data reveals a generally static trend with minor fluctuations. Notably, there was a peak in 2016 with a 2.28% year-on-year growth. However, subsequent years showed minimal declines, with the compound annual growth rate (CAGR) for the last five years at -0.04%. Looking ahead, the forecast indicates a continued slight decline with a forecasted five-year CAGR of -0.03% and an overall forecasted five-year growth rate of -0.13% by 2028.
Future trends to watch for include potential shifts in consumer preferences towards organic and locally sourced produce, as well as the impact of climate change on vegetable production. Additionally, advancements in agricultural technology and changes in trade policies could affect vegetable supply chains and demand dynamics in Canada.
