In 2023, Canada's dry peas production was below the forecasted figures for subsequent years. Starting from 2024, production is projected to grow steadily from 4.78 million metric tons to 5.19 million metric tons in 2028. This suggests a compound annual growth rate (CAGR) of around 2% during this period.
Future trends to watch for include:
- Advancements in agricultural technology that might enhance yield efficiency.
- Shifts in market demand influenced by plant-based diets.
- Potential trade agreements affecting export opportunities.
