In 2023, Canada imported 90 metric tons of powder buttermilk. For the years 2024 to 2028, forecasts show a downward trend: 80 metric tons in 2024, 70 in 2025, followed by a consistent 60 metric tons from 2026 to 2028. This represents a decline of 11.11% from 2023 to 2024 and a further drop of 12.5% the following year. The five-year CAGR indicates an average annual decrease of around 7.78%.
Future trends to watch:
- Domestic buttermilk production changes affecting import needs.
- Potential policy shifts in agricultural imports and trade agreements.
- Emerging consumer preferences towards alternative products.
