In 2024, the forecasted supply quantity of rapeseed and mustard oil fat in Canada is 43.97 grams per capita per day, with a consistent upward trend reaching 44.77 grams by 2028. This marks a gentle CAGR of approximately 0.44% over the projected five-year period. The data reflects a positive, albeit slow, growth in the supply of these oils as a staple in Canadian diets. These gains align with the growing acceptance and usage of healthier oil options.
Future trends to watch for include:
- The impact of health consciousness on oil consumption patterns.
- Potential shifts in agricultural policies or climatic conditions affecting rapeseed and mustard crop yields.
- Technological advancements in oil extraction and processing methods.