The forecast for domestic orange juice consumption in Canada shows a consistent decline from 71.88 thousand metric tons in 2024 to 58.86 thousand metric tons by 2028. This represents a compound annual growth rate (CAGR) of approximately -4.88% over this period. Compared to the actual consumption in 2023, there is a noticeable downward trend beginning in 2024, indicating a steady reduction each year.
Future trends to watch for include:
- Changes in consumer preferences towards healthier or alternative beverages.
- The impact of climate change on orange production and supply chain disruptions.
- Potential policy changes promoting healthier diets that could influence demand.
- Technological advancements in juice preservation and packaging that might affect consumption patterns.