The household expenditure on raisins in Canada is projected to decrease steadily from 2024 to 2028, with values expected to decline from 3.87 to 3.52 CAD. Compared to 2023, this reflects a trend of moderate decline. Year-on-year declines are consistent, indicating a gradual reduction in consumer spending on raisins. The 5-year compound annual growth rate is negative, further reinforcing the downward trajectory.
Future trends to watch for include potential changes in consumer preferences, health consciousness driving demand for natural snacks, and economic factors that may impact disposable income and spending habits. Additionally, market interventions, if any, could alter the current forecast.
