In 2023, Canada's dried beans production was approximately 437.3 thousand metric tons. The forecast predicts a steady increase to 478.5 thousand metric tons by 2028. Year-on-year growth rates between 2025 and 2028 range from 1.9% to 1.8%, indicating consistent expansion. The five-year compound annual growth rate (CAGR) is projected to be around 1.8%.
Future trends to watch include:
- The impact of climate change on agricultural outputs and yields.
- Potential trade policy changes affecting export markets.
- Technological advancements in agriculture enhancing production efficiency.
- Shifts in consumer preferences towards plant-based diets driving demand.
