From 2013 to 2023, yogurt supply in Canada fluctuated, demonstrated by an initial increase and subsequent slow decline in volume. The year 2015 saw the highest peak with a 12.02% increase year-on-year. However, from 2017, the supply gradually declined annually, reaching 358.12 thousand kiloliters in 2023. Over the last five years, the Compound Annual Growth Rate (CAGR) was -0.91%, indicating a consistent decrease in supply.

The forecasted data from 2024 to 2028 suggest a continued, albeit gradual, decline. By 2028, the supply is expected to decrease to 351.95 thousand kiloliters, with a forecasted 5-year CAGR of -0.27%.

Future trends to watch for include:

Shifts in consumer preferences towards plant-based alternatives.
Market responses to potential health trends impacting traditional dairy consumption.
Impacts of economic factors on production sustainability and supply chain efficiencies.