In 2023, the beer stock in Canada was documented at 295.0 thousand metric tons. The subsequent forecast from 2024 to 2028 shows an upward trend in beer stock levels, starting at 310.0 in 2024 and reaching 377.0 by 2028. This represents a consistent year-on-year increase, with the annual growth rates showcasing a positive trajectory. The compound annual growth rate (CAGR) over this five-year period stands at approximately 5.08%, highlighting the expansion of beer stocks in Canada.
Future trends to monitor include potential shifts in consumer preferences towards craft or non-alcoholic beers, regulatory impacts on production, and sustainability initiatives influencing packaging and sourcing, which may affect stock levels and market dynamics.
