From 2024 to 2028, olive oil fat supply per capita in Canada is projected to increase slightly, from 3.49 grams in 2024 to 3.57 grams in 2028, indicating a positive trend in consumption. This represents a consistent year-on-year growth of approximately 0.57%. The compound annual growth rate (CAGR) over these five years remains mild, reflecting gradually increasing consumer demand for olive oil in dietary consumption.

Future Trends to Watch for:

Potential impact of health trends and dietary shifts advocating Mediterranean diets on olive oil demand.
Price fluctuations due to global supply chain disruptions or climate factors affecting olive oil production.
Introduction of new olive oil varieties or blends catering to changing consumer tastes and preferences.