In the cream market in Canada, the volume in 2023 stood at approximately 172.0 thousand metric tons. Forecasted data indicate a continuous decline over the next five years: 162.57 thousand metric tons in 2024, dropping to 122.98 thousand metric tons by 2028. The year-on-year decrease indicates a reduction from 5.92% in 2025, 6.56% in 2026, 6.89% in 2027, and 7.24% in 2028. The compound annual growth rate (CAGR) over this period denotes an average annual decline of about 6.06%.

Future trends to watch for:

Shifts in consumer preferences towards plant-based dairy alternatives might further impact the cream market.
Changes in dietary trends and health consciousness could influence demand negatively.
Market reactions to economic factors such as inflation and supply chain disruptions need monitoring.