Analyzing the forecasted data of coffee consumption in Canada, the consumption is expected to rise from 326.07 thousand metric tons in 2024 to 351.2 thousand metric tons by 2028. This indicates a steady growth rate. The year-on-year percentage variations are as follows: 2025 shows an increase of 1.94%, 2026 at 1.89%, 2027 at 1.83%, and 2028 at 1.81%. Over the last two years, the compound annual growth rate (CAGR) is 1.87%. These figures suggest a consistent upward trend in coffee consumption.
Future trends to watch for:
- Increasing preference for specialty coffee
- Growth of coffee shop culture
- Impact of sustainable and ethically sourced coffee
- Technological advancements in coffee production and brewing methods
