The dry peas sector in Canada is projected to see steady growth from 2024 to 2028, with values increasing from 177.26 million euros in 2024 to 191.27 million euros by 2028. This reflects a year-on-year growth rate of approximately 2% over this period. In 2023, the sector stood at an actual value slightly lower than the forecasted value for 2024, indicating a modest yet consistent upward trend.
Future trends to watch for include:
- Technological advancements improving yield and production efficiency.
- Increasing demand for plant-based proteins globally, boosting exports.
- Potential impacts of climate change on crop yields.
- Government policies and incentives supporting agribusiness growth.
