The forecast for the import of prepared or preserved peas to Canada indicates a steady increase from 2024 to 2028. Starting at approximately $9.78 million USD in 2024, it is expected to grow to $10.43 million USD by 2028. This represents a Compound Annual Growth Rate (CAGR) of about 1.6% over the five years. Unfortunately, the data for 2023 is not provided, but the consistent growth suggests a positive trend for the Canadian market in this category.
Future trends to watch for:
- Shifts in consumer preferences towards plant-based and sustainable foods, which could boost demand.
- Potential trade policy changes impacting import conditions or pricing.
- Global supply chain dynamics influencing availability and costs.