From 2024 to 2028, Canada's maize oil market size volume per capita is forecasted to exhibit a slight but consistent decline, starting at 1.06 kilograms and decreasing annually to 1.01 kilograms. This represents a year-on-year decrease of approximately 0.94% from 2024 to 2025 and a 0.97% drop yearly thereafter. The Compound Annual Growth Rate (CAGR) over the five-year forecast period indicates a steady average annual decrease of 1.20% from 2024 to 2028, reflecting a slowly contracting market.
Future trends to watch for in Canada’s maize oil market include potential shifts in consumer preferences towards healthier oils, changes in dietary guidelines, and possible market disruptions from innovations in alternative oil products. Additionally, trade policies and environmental regulations could also influence market dynamics significantly.
