Forecast: Peas Market Size Volume in Canada

As of 2024, the forecast for the Canadian peas market size volume is constant at 58.0 thousand metric tons annually through 2028. This stability suggests no growth or decline trajectory from the current year onward. In 2023, the baseline volume also stood at 58.0 thousand metric tons, aligning with this steady outlook. The absence of variations in year-over-year data and CAGR indicates a period of stagnant market development, with no changes anticipated over this forecast period.

Future trends to watch for:

  • Potential shifts in consumer preferences towards plant-based diets that might drive pea consumption.
  • Impact of climate change on pea production and potential supply fluctuations.
  • Evolving trade policies that could affect the import and export dynamics of peas in Canada.
  • Technological advancements in agriculture that may influence yields and production efficiency.

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