Sunflower Seed Oil consumption in Canada is expected to experience a stable increase over the next few years. In 2023, the actual consumption was approximately 54.0 thousand metric tons. Forecasts from 2024 to 2028 suggest a gradual upward trend, with consumption rising from 54.0 to 56.0 thousand metric tons. The year-on-year growth rates demonstrate a steady increase of almost 1.8% in 2026 and 2027, with a compound annual growth rate (CAGR) of around 0.9% over this five-year forecast period.
Future trends to watch include potential shifts towards healthier cooking oils and changes in agricultural production practices, which could influence sunflower seed oil supply and demand dynamics. Additionally, global market fluctuations and trade policies may also impact domestic consumption patterns in Canada.
