Forecast: Apple Juice Supply in Canada

In 2023, the supply of apple juice in Canada stood at 204.90 thousand metric tons. Forecasts for 2024 to 2028 show a steady annual increase in supply, reaching 205.85 thousand metric tons in 2028. The year-on-year growth is minimal, ranging between 0.10% to 0.08%. The compound annual growth rate (CAGR) over the next five years is approximately 0.09%, indicating a relatively stable market with very slight positive growth.

Future trends to watch for:

  • Potential impact of climate change on apple yield and juice production.
  • Shifts in consumer preferences towards organic or locally produced apple juice.
  • Advancements in production technology that might improve yield or reduce costs.
  • Global trade policies affecting apple juice imports and exports, influencing the supply.

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