The cider sales forecast in Canada from 2024 to 2028 shows a consistent decline, starting at 41.04 million liters in 2024 and dropping to 25.66 million liters by 2028. This trend reveals a negative compound annual growth rate (CAGR) as the market experiences a steady downward trajectory. In 2023, cider sales stood at 45 million liters, highlighting a significant year-on-year decline. The overall reduction over the five years reflects changing consumer preferences or increased competition from other beverage segments.

Future trends to watch for include:

Changing consumer preferences towards non-alcoholic and healthier drink options.
An increase in local or craft cider production could impact larger brands.
The potential rise in demand for innovative cider flavors catering to varied tastes.
Changes in government regulations or taxation affecting alcoholic beverages.