In 2023, sweet potato demand in Canada represented 30.0 Thousand Metric Tons. The forecasted data for 2024 to 2028 highlights a declining trend in sweet potato demand, with a predicted 8.7% decrease from 2023 to 2024, followed by a consistent annual decline. By 2028, demand is expected to reach 22.0 Thousand Metric Tons, reflecting an average compound annual growth rate (CAGR) of -6% over the five-year period. Year-on-year variation indicates a shrinking demand.
Key future trends to watch for include:
- Potential shifts in consumer preferences towards alternative root vegetables or healthier diet trends.
- Impact of climate change on agricultural patterns that may further influence supply and demand dynamics.
- Innovations in processing and packaging that could revive interest in sweet potatoes.