In 2023, the closing inventories for starch and vegetable fat and oil manufacturing in Canada were valued at approximately 1.79 billion Canadian Dollars. From 2024 onwards, there is a consistent growth pattern, with the forecasted inventories expected to rise from 1.9096 billion CAD in 2024 to 2.3914 billion CAD in 2028. This indicates a year-on-year increase, averaging around 6.6% annually over the forecasted five-year period.

Future trends to watch for include:

Growth in plant-based and sustainable food products potentially increasing demand for vegetable fats and oils.
Technological advancements in manufacturing processes that might optimize production efficiency.
Global market fluctuations impacting raw material availability and prices, influencing inventory management strategies.