The Lemons and Limes market in Canada is forecasted to show steady growth in volume from 2024 to 2028. The market volume starts at 118.76 Thousand Metric Tons in 2024 and rises to 121.92 Thousand Metric Tons by 2028. This represents a year-on-year growth of approximately 0.7% to 0.8%. Notably, the market volume in 2023 stood at 117.95 Thousand Metric Tons, indicating a consistent yearly increase. The Compound Annual Growth Rate (CAGR) over the last five years calculates an average annual growth of around 0.8%.
Future trends to watch for include potential shifts in consumer preferences towards organic and locally-sourced citrus fruits, which could impact overall demand. Additionally, changes in trade policies and climate impacts on citrus production should be monitored as they can significantly influence market dynamics.
