As of 2023, the actual supply of sour cream in Canada was recorded at approximately 55.9 thousand kiloliters. The forecast from 2024 to 2028 indicates a steady increase, reaching 58.88 thousand kiloliters by 2028. Year-on-year growth from 2024 to 2028 reflects an average increase of about 1.33%. The compound annual growth rate (CAGR) over this period is expected to be 1.31%. This suggests a consistent and moderate upward trend in sour cream supply.
Future trends to watch for include:
- Potential impacts of consumer preference shifts towards healthier alternatives.
- Changes in dairy production practices and policies.
- Supply chain developments and innovations.