In 2023, dry buttermilk production in Canada stood at 13.98 thousand metric tons. The forecast for 2024 is 14.45 thousand metric tons, representing an increase of 3.36%. For 2025, the production is projected to be 14.94 thousand metric tons, a 3.39% increase from 2024. The expected production for 2026 is 15.42 thousand metric tons, which shows a 3.22% rise from the previous year. In 2027, the production is anticipated to reach 15.89 thousand metric tons, a 3.05% increase. By 2028, the production is forecasted to be 16.34 thousand metric tons, marking a 2.83% rise from 2027. The Compound Annual Growth Rate (CAGR) from 2023 to 2028 is 3.18%.
Key future trends to watch for include:
• Potential impact of technological advancements in dairy production.
• Influence of trade policies and global market dynamics on export opportunities.
• Changes in consumer preferences towards dairy-free or alternative products.
• The role of sustainability and environmental concerns in shaping production methods.
