In 2023, the import of brewing or distilling dregs and waste to Canada stood at an actual amount (not specified in the data provided). The forecast from 2024 to 2028 indicates a steady increase in value year-on-year. Specifically, the import value is projected to rise from $127.19 million in 2024 to $136.95 million by 2028, reflecting a consistent upward trend.
The yearly rate of increase between 2024 and 2028 appears stable, suggesting moderate growth in the sector. The compounded annual growth rate (CAGR) over this five-year period represents a positive outlook.
Future trends to watch for include:
- Potential regulatory changes affecting brew and distilling by-products.
- Shifts in global supply chains that might impact import volumes and costs.
- Innovations in recycling and reuse processes that could alter market demand.
