Powder skim milk production in Canada has seen fluctuations over the past decade. In 2023, production stood at 84.22 thousand metric tons. From 2013 to 2015, the production saw a significant increase, peaking in 2015. Post-2015, there were annual fluctuations, with a noticeable decline from 2019 to 2021. However, from 2021 to 2023, the decline stabilized with marginal changes. The Compound Annual Growth Rate (CAGR) over the last five years was negative, indicating a general downward trend.

Future trends to watch for include:

Stabilization in production as forecasts predict steady values from 2024 to 2028.
Potential impacts from changing dairy industry regulations and consumer preferences.
Technological advancements in milk production and processing that might affect future output.