Forecast: Import of Bran, Sharps and Other Residues of Leguminous Plants to Canada

The forecasted import of bran, sharps, and other residues of leguminous plants to Canada shows a consistent, albeit slight, upward trend from 2024 to 2028. As of 2023, the import volume stood at approximately 17.736 million kilograms. The year-on-year growth from 2024 forward is anticipated to be minimal, reflecting a stable demand and supply scenario, with increments of around 0.1% each year. The compound annual growth rate (CAGR) over the 5-year forecast period from 2024 to 2028 is approximately 0.1%, indicating a steady market with slight growth in volume.

Future trends to watch for include:

  • Potential shifts in dietary trends and plant-based products, which could impact demand.
  • Trade policies and tariffs that may alter import dynamics.
  • Changes in domestic agriculture that could affect reliance on imports.

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