The grapefruit juice supply in Canada has shown consistent growth from 2024 to 2028, with values rising from 11.9 thousand metric tons in 2024 to 11.98 thousand metric tons in 2028. The annual percentage increase is slight but steady, indicating a stable market. Specifically, the year-on-year growth rates are approximately 0.25% between 2024 and 2025, 0.17% between 2025 and 2026, 0.17% between 2026 and 2027, and 0.08% between 2027 and 2028.
Looking back, the grapefruit juice volume stood at 11.85 thousand metric tons in 2023. Over the last five years, the compound annual growth rate (CAGR) is modest, suggesting a mature market with limited but sustained growth potential.
Future trends to watch for:
- Potential impacts of changing consumer preferences for healthier beverages.
- Global supply chain disruptions that could affect import prices and availability.
- Innovations in grapefruit juice products and packaging could capture additional market share.
- Impact of climatic changes on grapefruit production, affecting supply stability.
