In 2023, buttermilk consumption in Canada stood at 15.69 thousand kiloliters. Forecasts for 2024 to 2028 indicate a steady consumption rate of 15.69 thousand kiloliters annually, implying no predicted year-on-year variation during this period. This stable forecast suggests that the compound annual growth rate (CAGR) over the next five years remains unchanged.
Future trends to watch for include potential shifts in consumer preferences towards plant-based or alternative dairy products, potential regulatory changes regarding dairy products, and evolving culinary trends that could either bolster or inhibit buttermilk consumption. Monitoring these factors could reveal opportunities or challenges in the Canadian buttermilk market.
