The harvested area for anise, badian, fennel, and coriander in Canada demonstrates a steady upward trend from 2024 to 2028. Starting from a base of 16.48 thousand hectares in 2024, it is expected to grow annually, reaching 17.32 thousand hectares by 2028. This reflects an approximate year-on-year growth of around 1.25% to 1.6%
Comparing the data from 2023, which serves as the baseline, the consistent increase represents a positive forecast for these crops in Canada. The compound annual growth rate (CAGR) over this period will likely average around 1.5%.
Future trends to watch include:
- Impact of climate change on crop yield.
- Technological advancements in agriculture practices.
- Market demand shifts affecting crop preferences.
