The forecast for honey production in Canada indicates a steady growth from 2024 to 2028, with values increasing from 84.86 million pounds in 2024 to 87.09 million pounds in 2028. Compared to 2023, where honey production stood at approximately 84.3 million pounds, this reflects an overall positive trend. Year-on-year, the production growth is modest, ranging from 0.67% to 0.64%. The compound annual growth rate (CAGR) over the five-year period (2024-2028) is about 0.65%, showing a consistent incremental trend.
Future trends to watch for include potential influences of climate change on bee populations, technological innovations in beekeeping, and changing consumer preferences towards natural and organic products, which may impact honey demand and production.
