Demand for cream in Canada is forecasted to decline from 162.57 thousand metric tons in 2024 to 122.98 thousand metric tons in 2028. This indicates a year-on-year decrease of approximately 6.3% from 2024 to 2025, 6.6% from 2025 to 2026, 6.9% from 2026 to 2027, and 7.2% from 2027 to 2028. Analyzing the compound annual growth rate (CAGR) over the next five years reveals an average annual decline of around 6.75%.
Future trends to watch for include changes in consumer preferences towards healthier alternatives, potential regulatory changes impacting dairy products, and economic factors influencing spending power. Sustainability and environmental concerns might also drive a shift towards plant-based cream substitutes.
