Analysis of the forecast for orange domestic consumption in Canada from 2024 to 2028 indicates a gradual decline. In 2023, the consumption stood at approximately 173.32 thousand metric tons. The projected values show a year-on-year decrease, with the consumption expected to drop to 164.53 thousand metric tons by 2028. This reflects an average annual decrease rate, or CAGR, indicating a consistent downward trend in the market over these five years.
Future trends to watch for:
- Consumer shifts towards healthier lifestyle choices and alternative fruit options.
- Impact of climate change on orange supply and prices.
- Potential import policy changes influencing domestic availability.
- Marketing campaigns aimed at promoting orange consumption.
