The forecast indicates a gradual decrease in raw animal fats calorie supply per capita in Canada from 2024 to 2028. The per capita supply declines from 112.46 kilocalories in 2024 to 109.64 in 2028, marking a consistent downward trend over these forecasted years. In 2023, the value stood at 113.17 kilocalories per capita per day, suggesting a slight decline in 2024 by approximately 0.63%. The year-on-year percentage change continues this trend with a decline averaging around 0.65% between 2024 and 2028, resulting in a CAGR of approximately -0.63% over this period.
Future trends to watch for include potential shifts in dietary preferences towards plant-based fats and oils, sustainability movements driving changes in production or consumption patterns, and socio-economic factors that may impact availability and affordability of animal fats. Monitoring these factors alongside population demographic changes could provide deeper insights into future supply dynamics.
