The Canadian apple market size was 729 thousand metric tons in 2023. Forecasted figures show a slight growth with volumes reaching 731 thousand metric tons in 2024 and 737 thousand metric tons by 2028. The year-on-year growth rate between 2024 and 2025 is at 0.27%, with a consistent increase leading to 0.14% in 2028. The Compound Annual Growth Rate (CAGR) over the forecast period stands at approximately 0.22%, indicating stable market conditions.
Future trends to watch for:
- Increased local production efforts to meet rising domestic demand.
- Impact of climate change on yields and market supply.
- Shifts in consumer preference towards organic and local produce.
- Technological advances in agriculture improving efficiency and quality.