In 2023, household expenditure on puddings, custards, and jellied desserts in Canada stood at 8.01 CAD. The projected expenditure from 2024 to 2028 shows a declining trend: 7.82 CAD in 2024, reducing progressively to 7.07 CAD by 2028. The year-on-year variations from 2024 onwards indicate a decrease of approximately 2.43% annually. Over these five years, the Compound Annual Growth Rate (CAGR) is forecasted to be approximately -2.44%, reflecting a consistent downtrend in spending.
Future trends to watch for:
- Consumer preferences shifting toward healthier dessert options.
- Potential impact of economic changes on discretionary spending.
- Influence of seasonal trends and innovations in dessert offerings.
