The consumption of soft drinks per capita in Canada is on a declining trend, forecasted to fall from 44.71 liters in 2024 to 37.75 liters by 2028. This trend indicates a compound annual growth rate (CAGR) decline over the five-year period starting from 2024. Year-on-year comparisons show a consistent decrease, with consumption dropping nearly 4% annually between 2024 and 2028.
Future trends to watch for:
- Emerging consumer preferences for healthier drink options.
- Potential market impacts of sugar taxes and health campaigns.
- Continued innovation in zero-sugar and functional beverages.
