The forecasted production value of lowbush blueberries in Canada shows a declining trend from 2024 to 2028, beginning at 173.54 million Canadian Dollars in 2024 and decreasing annually by a small margin, reaching 170.96 million in 2028. Comparatively, this represents a steady decline with a negative Compound Annual Growth Rate (CAGR) over the forecasted period.
Key points to monitor in the future include:
- Climate change impact on blueberry harvests affecting supply.
- Consumer demand shifts towards organic or alternative berries.
- Global competitive pressures and trade policies influencing export potential.
- Technological advancements in agriculture potentially increasing efficiency and production costs.