In 2023, the import value of potato flour or meal to Canada stood at approximately 2.9 million US Dollars. Based on forecast data, the import value is set to grow steadily between 2024 and 2028, reaching 3.0875 million US Dollars. The year-on-year percentage increase from 2024 to 2025 is about 1.26%, with similar incremental trends expected annually through 2028. The compound annual growth rate (CAGR) over the five-year period is moderate, indicating a stable and gradual market expansion.
Future trends to watch include:
- Emerging consumer preferences for gluten-free and alternative flours.
- Potential tariff and trade policy changes impacting import costs.
- The growing demand for convenience foods may drive higher usage of potato flour in processed foods.
