The rapeseed oil and mustard oil caloric supply per capita in Canada is projected to steadily increase from 388.67 kilocalories per day in 2024 to 395.76 kilocalories per day by 2028. This represents consecutive growth, with slight year-on-year increments averaging approximately 0.5% annually. Given the absence of 2023 data, 2024 serves as the baseline for forecasting. The compound annual growth rate (CAGR) over the five-year period is about 0.45%.
Future trends to watch for include changes in consumer preferences towards healthier oils, potential policy shifts impacting the agricultural landscape, and global market dynamics influencing supply chains and pricing. Monitoring such factors is crucial for strategizing market positions.
