In 2023, the dry peas seeded area in Canada stood at approximately 1.343 million hectares. The forecast from 2024 to 2028 indicates a steady decline in the seeded area, with a compound annual growth rate (CAGR) of approximately -1.1% over these five years. The year-on-year decline is relatively consistent, suggesting a gradual reduction in cultivation, with a decrease of around 1.1% annually.
Future trends to watch for:
- Impact of climate change on yields and cultivation practices.
- Development of new pea varieties to improve resilience and output.
- Changes in global demand for peas, influencing Canadian export strategies.
