The forecast for honey consumption per capita in Canada shows a steady pattern, remaining constant at 0.89 kg from 2024 to 2028. In 2023, this metric also stood at 0.89 kg, indicating no variation year-on-year into the forecast period. Consequently, the compound annual growth rate (CAGR) over the last five years does not reflect any growth or decline, implying a flat trend in honey consumption at the per capita level.
Future trends to watch for include:
- Potential shifts in consumer preferences towards natural sweeteners, which could influence honey consumption.
- Changes in domestic production and importation policies affecting availability and price in Canada.
- Market developments related to health and wellness trends that advocate for honey as a nutritious alternative to sugar.
