Canada's powder buttermilk supply shows fluctuating trends over the years. In 2023, it stood at 16.69 thousand metric tons, with a slight increase of 0.97% compared to 2022. The compound annual growth rate (CAGR) over the past five years has been -2.97%, indicating a decline. However, moving forward, the forecasted CAGR is 0.71% with an overall growth rate of 3.62% by 2028, suggesting a modest recovery.
Future Trends to Watch For:
- Potential advancements in production efficiency and technology innovations.
- Shifts in consumer demand toward healthier alternatives could impact the supply dynamics.
- Changes in trade policies and international market conditions might influence supply trends.
