In 2023, Canada imported approximately 70 million kilograms of flour or meal of dried legumes. The forecasted data shows a steady increase from 76.61 million kilograms in 2024 to 91.043 million kilograms by 2028. This represents a consistent year-on-year growth, with variations reflecting a positive trend in demand. For the five-year period, the compound annual growth rate (CAGR) indicates a robust average annual increase.
Future trends to watch for:
- Rising consumer interest in plant-based proteins may further drive import growth.
- Trade policies and international relations could impact import levels and sourcing strategies.
- Innovations in food technology may lead to increased demand and new product development.