The forecasted wine sales per capita in Canada from 2024 to 2028 show a slight decline, starting from 16.1 liters in 2024 and gradually decreasing to 15.8 liters by 2028. Compared to 2023, where the value stood at 16.2 liters, this represents a decreasing trend. The year-on-year change remains minimal, with an overall decrease when evaluating the five-year compound annual growth rate (CAGR), indicating a slight reduction in wine consumption over the period.
Future trends to watch include shifts in consumer preferences toward low or non-alcoholic wine options, impacts of health and wellness trends, and economic factors influencing discretionary spending on alcohol.
