The forecast for Canada's butter and ghee protein supply shows a gradual year-on-year increase. From 2024 to 2028, the supply per capita rises from 0.092 to 0.099 grams per day. This represents a consistent growth of over 2% annually. As a comparison, the supply stood at 0.090 grams per capita per day in 2023. The compound annual growth rate (CAGR) over the five-year forecast period suggests a steady upward trend.
Future trends to watch for:
- Consumer dietary shifts and their impact on butter and ghee demand.
- Potential regulatory changes affecting production or imports.
- Technological advancements in dairy production methods.