In the past decade, Canada's powder buttermilk production experienced significant fluctuations. Production peaked in 2019 at 19.26 thousand metric tons after steady increases and adjustments. However, post-2019, a declining trend was observed, culminating in 2023 with production at 15.87 thousand metric tons, despite a modest year-on-year increase of 0.95%. The CAGR was negative in recent years, reflecting a consistent decrease until 2023. Future forecasts predict a gradual recovery, reaching 16.59 thousand metric tons in 2028, indicating a slight upward trend with a 5-year CAGR of 0.71%.
Future trends to watch include:
- Technological advancements in dairy processing could improve efficiency and production yields.
- Increased global demand for buttermilk could drive production upward.
- Potential policy changes around agriculture and trade may impact production levels.
- Sustainability practices may lead to innovative production methods, affecting output.
