In 2023, the per capita consumption of chips potatoes in Canada was 3.98 kilograms. The forecasted data from 2024 to 2028 indicates a steady increase in consumption, with values moving from 4.01 kg in 2024 to 4.16 kg in 2028. This reflects a modest but consistent year-on-year growth rate of approximately 1% per year. The compound annual growth rate (CAGR) over this five-year forecast is projected to be around 0.9%.
Future trends to watch for involve potential changes in consumer preferences influenced by health trends, innovations in healthy chip alternatives, and potential economic factors that might impact purchasing power and consumer habits in the market.
