In 2024, the forecasted import value of fermented milk products to Canada is 4.1935 million US dollars, marginally increasing each year to 4.2462 million US dollars by 2028. This steady growth shows a consistent year-on-year increase of approximately 0.3% to 0.4%, indicating a stable demand for these products in Canada. The cumulative average growth rate (CAGR) over this five-year period further confirms this moderate upward trend.

Trends to watch for in the future include:

Potential impact of trade agreements or tariffs influencing import prices.
Consumer preferences shifting towards plant-based alternatives versus traditional dairy products.
Canadian regulations affecting dairy imports and market conditions.