In 2023, grape juice consumption in Canada stood at a certain value. Forecasts for the period 2024-2028 show a gradual increase: from 61.12 thousand metric tons in 2024 to 62.68 thousand metric tons in 2028. The year-on-year growth rates for the period are consistent, ranging between 0.67% and 0.59% annually. Over the last two years, the trend indicates a stable increase.
For the projected period, the compound annual growth rate (CAGR) averages approximately 0.64%, reflecting steady growth in grape juice consumption. This positive trend suggests an increasing preference for grape juice among Canadian consumers.
Future trends to watch for include potential changes in consumer preferences towards organic or natural grape juices, the impact of health trends on juice consumption, and any shifts due to economic factors that could influence purchasing power.
