In 2023, the maize oil processing industry in Canada processed significantly less than the forecast values, indicating an expected stabilization around 8.0 thousand metric tons from 2024 to 2027. The forecast suggests a slight decrease to 7.0 thousand metric tons in 2028, implying a potential decline or shift in market demand or operational capacities.

Future trends to watch for include:

Potential impacts of agricultural policy changes or technological advancements on production efficiency.
Shifting consumer preferences towards healthier or alternative oils, influencing maize oil demand.
Climate change effects on maize yields, potentially affecting supply stability.