As of 2023, the barley market size in Canada was estimated at 0.33 kilograms per capita. Forecasts for 2024 to 2028 suggest a slight decrease in consumption, with values holding steady at 0.33 kilograms per capita in 2024 and 2025, before subtly declining to 0.32 kilograms per capita from 2026 onwards. This signifies a nominal decrease of roughly 3% over the five-year span, reflecting a potential plateau effect in demand.
Future trends to watch for include:
- Shifts in consumer preferences towards alternative grains or healthier dietary choices.
- Potential agricultural policy changes and their impact on barley cultivation and availability.
- Technological advancements in crop production that might affect yield and quality.