In 2023, concentrated whole milk consumption per capita in Canada stood at 0.46 liters. The forecasted data indicates a downward trend, with consumption decreasing annually to reach 0.35 liters by 2028. Year-on-year declines include a 6.82% drop from 2024 to 2025, a 4.88% decline from 2025 to 2026, a decrease of 5.13% from 2026 to 2027, and a reduction of 5.41% from 2027 to 2028. Over these five years, the compound annual growth rate (CAGR) is -5.79%, reflecting a consistent consumption decline.
Future trends to watch for include changes in consumer dietary preferences towards plant-based alternatives, demographic shifts, and policy changes influencing dairy production. Monitoring how these factors interplay could offer deeper insights into consumption patterns. Additionally, environmental concerns and sustainability issues may further impact future consumption trends.
