The production of whole fresh cow milk in Canada showed varying trends from 2013 to 2023, reaching 9.6177 million metric tons in 2023. The year-on-year variation displayed fluctuations with significant increases in 2015 (4.45%), 2017 (6.25%), and 2021 (8.54%), while experiencing declines in 2020 (-3.89%) and 2022 (-0.92%). The Compound Annual Growth Rate (CAGR) over the past five years (2018-2023) averaged at 0.85%, indicating moderate growth. Forecasted data suggest continued growth, reaching 10.14 million metric tons by 2028, with an expected 5-year CAGR of 0.81% and an overall growth rate of 4.13%.
Future trends to watch for include potential impacts from climate change, shifts in consumer preferences towards plant-based alternatives, and advancements in dairy technology that could optimize production efficiency and sustainability.
