In 2023, household expenditure on pickled vegetables, including olives, in Canada was recorded at a certain baseline. From 2024 to 2028, this expenditure is forecasted to increase annually, showing stable growth. For instance, from 2024 to 2025, the expected increase is approximately 1.95%, with consistent growth through to 2028 at around 1.74% per year. The compounded annual growth rate (CAGR) from 2024 to 2028 is projected to be approximately 1.85%.

Future trends to watch for include:

Potential shifts in consumer preferences towards gourmet or organic varieties, impacting average expenditure.
Impact of macroeconomic factors like inflation rates or economic downturns on discretionary spending.
Innovations in packaging or product offerings which may influence consumer buying behavior.