In 2023, the Canadian butter and ghee market size volume per capita was positioned at 3.58 kilograms. From 2024 onwards, the forecasted trajectory demonstrates a steady increase, rising to 3.62 kilograms per capita in 2024 and reaching 3.80 kilograms per capita by 2028. Annually, the market exhibits an average growth of approximately 1.2% from 2024 to 2028. This consistent growth reflects a compounded annual growth rate (CAGR) over the five-year forecast period.

Future trends to watch for include:

An increase in consumer preference for natural and organic dairy products which could further boost demand for butter and ghee.
Potential impacts of health trends and dietary shifts that might influence consumption patterns.
Policy changes or trade agreements affecting the dairy industry, impacting production and pricing dynamics.