Forecast: Ice Milk Consumption per Capita in Canada

In 2023, ice milk consumption per capita in Canada was at 1.69 liters. From 2024 onwards, it is forecasted to grow steadily, reaching 1.80 liters by 2028. The year-on-year growth rate is consistent at around 1.16% each year, with a calculated compound annual growth rate (CAGR) of approximately 1.27% over the forecast period. This indicates a moderate but steady increase in demand for ice milk products.

Future trends to watch for include:

  • Changes in consumer preferences towards healthier dessert options, which could impact ice milk consumption.
  • Innovations in product flavors and formulations that may attract more consumers.
  • Potential market disruptions due to economic factors or competing products.

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