In 2023, Canada's dry peas supply stood at approximately 4.20 million metric tons. The forecast from 2024 to 2028 indicates a gradual increase in supply, with a year-on-year growth ranging from 1.18% to 1.15%. The compound annual growth rate (CAGR) over this period is expected to be steady, reflecting consistent demand and production advancements.
Future trends to watch for include potential impacts from climate change on crop yields, shifts in global demand for plant-based proteins, and technological advancements that may improve agricultural efficiency and sustainability. Monitoring these factors will be critical in understanding and predicting future supply dynamics.
