The forecast for Canada's frozen peas supply indicates a gradual increase over the next five years, rising from 12.32 thousand metric tons in 2024 to 12.61 thousand metric tons by 2028. In 2023, the supply was slightly lower, marking this gradual growth as a positive trend in the market. The year-on-year growth rate shows minimal variations, with an average annual increase of about 0.47% over this period. The Compound Annual Growth Rate (CAGR) over the five-year forecast period reflects a stable and modest upward trend.

Future trends to watch for include:

Potential impacts of climate change on agricultural yields and the resulting effect on frozen peas supply.
Consumer demand shifts towards plant-based diets which could positively affect supply strategies to meet rising demand.
Technological advancements in agriculture and supply chain efficiency improvements that might influence supply volumes.