The forecast for cider, cooler, and other refreshment beverages consumption per capita in Canada indicates a steady growth from 12.51 liters in 2024 to 18.23 liters in 2028. The year-on-year growth rates for the periods of 2024-2025, 2025-2026, 2026-2027, and 2027-2028 show an increase of approximately 11.5%, 10.3%, 9.2%, and 8.5% respectively. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 9.7%.
Future trends to watch for include potential market influences such as consumer preferences for healthier beverage options, the impact of regulatory changes regarding alcoholic beverages, and innovation in flavors and packaging. Monitoring these factors will be crucial for anticipating shifts in consumption patterns and market demand.
