The grape juice supply in Canada showed substantial fluctuations from 2013 to 2023, with significant variations year-on-year. Despite a peak in 2015 at 99.94 thousand metric tons, the supply generally trended downwards, bottoming out in 2022 at 66.21 thousand metric tons. The CAGR over the last five years indicated a negative trend at -2.23%. By 2023, the supply stood at 67.43 thousand metric tons, showcasing a slight recovery from the previous year.
Looking ahead to 2028, the grape juice supply in Canada is forecasted to gradually increase, with a predicted 5-year CAGR of 0.52%. This anticipated rise indicates a modest growth rate of 2.65% over the forecasted period.
Future trends to watch for include potential shifts in grape production efficiency, climate change impacts on grape yields, consumer preferences for grape juice versus other beverages, and economic factors that can affect supply chain stability and costs.
