In 2023, the wheat market size in Canada stood at 76.5 kilograms per capita. From 2024 to 2028, the forecasted growth in wheat consumption per capita shows a consistent yet modest upward trend. The year-on-year percentage variations indicate incremental growth: approximately 0.29% from 2024 to 2025, 0.29% from 2025 to 2026, 0.29% from 2026 to 2027, and 0.27% from 2027 to 2028. The compound annual growth rate (CAGR) across these years is approximately 0.29%.
Future trends to watch for include the impact of dietary shifts, potential changes in trade policies, and climate impacts on wheat production. Keep an eye on technological advancements in agriculture and fluctuations in global wheat prices as potential modifiers of these trends.
