The forecast for household expenditure on peas in Canada shows a stable trend from 2024 to 2028, starting at $8 in 2024 and remaining at $9 from 2026 onwards. In 2023, the actual expenditure was $8. The year-on-year growth from 2025 to 2026 is 12.5%, followed by a zero percent increase from 2026 to 2028. The five-year Compound Annual Growth Rate (CAGR) from 2024 to 2028 is 3.03%.
Future trends to watch:
- Potential impact of dietary trends embracing plant-based foods.
- Evolving consumer preferences influenced by sustainability issues.
- Price fluctuations due to agricultural and supply chain conditions.
