In 2023, the production of dry peas at the farm gate in Canada stood at X billion USD (data not provided for 2023). Forecasted values show a steady increase from 2024 to 2028, reaching 1.16 billion USD in 2028. Year-on-year growth is consistent, approximately 1.85% annually. The compound annual growth rate (CAGR) over this five-year period is around 1.84%, indicating stable expansion in the production value of dry peas.
Future trends to watch for include fluctuations in global demand, climate change impacts on crop yields, and shifts in international trade policies which may affect export opportunities and overall market dynamics for Canadian dry peas. Additionally, advancements in agricultural technology could enhance production efficiency and output.
