Sales of food and beverages in non-store retailing in Canada stood at 1.2072 billion Canadian Dollars in 2023. Since 2013, the dataset shows fluctuating trends with an overall decline from 1.4515 billion in 2013. After peaking intermittently, figures have consistently decreased post-2021.
Year-on-year variation shows a general downward trend, with notable declines in 2014 (-6.98%) and 2015 (-13.65%), while smaller contractions continued from 2022 onwards. The forecast suggests a continuing decline at a forecasted CAGR of -0.78% with the value expected to drop to 1.1511 billion by 2028.
Watch for:
• E-commerce innovations and technological advances potentially increasing online grocery shopping.
• Consumer behavioral shifts towards convenience and sustainability.
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