The domestic consumption of shelled almonds in Canada is anticipated to decline steadily from 2024 to 2028. In 2023, actual consumption stood higher than the forecasted figures for subsequent years, indicating a downward trend. Year-on-year variations reveal a consistent decrease, with each year's consumption lower than the previous. The compound annual growth rate (CAGR) over the forecasted period highlights this steady decline.
Future trends to observe include:
- Impact of health trends and dietary changes on almond consumption.
- Potential shifts in consumer preferences or dietary guidelines affecting nut consumption.
- Economic factors influencing disposable income and spending on nuts and similar products.
