In 2023, cheese domestic consumption in Canada stood at 581.0 thousand metric tons. The forecasted data indicates a steady increase in consumption from 586.0 thousand metric tons in 2024 to 607.0 thousand metric tons by 2028.
Year-on-year percentage variations:
- From 2024 to 2025: 0.85%
- From 2025 to 2026: 1.01%
- From 2026 to 2027: 0.84%
- From 2027 to 2028: 0.83%
The compound annual growth rate (CAGR) for the period from 2024 to 2028 is approximately 0.88%.
Future trends to watch for include shifts in consumer preferences toward specialty cheeses, increasing demand for organic and locally produced cheese, and potential impacts from changing trade policies and dairy industry regulations. Monitoring these factors will be crucial for predicting long-term trends in cheese consumption in Canada.
