The household expenditure on uncooked ham and dinner ham in Canada was approximately CAD 13.92 in 2023. Forecasted data indicates a downward trend from 2024 to 2028, with expenditure decreasing from CAD 13.7 to CAD 12.82, representing an estimated Compound Annual Growth Rate (CAGR) of -1.29%. The year-on-year percentage decrease is consistent: -1.6% for 2025, -1.7% for 2026, -1.7% for 2027, and -1.6% for 2028.
Future trends to monitor include:
- Shifts in consumer dietary preferences potentially reducing meat consumption.
- Impact of pricing strategies by producers and retailers.
- Influence of economic factors such as inflation on discretionary spending.
