Canada Dairy Market Size, Share & Industry Outlook 2033

MARKET OVERVIEW

The Canada dairy market was valued at USD 15.4 Billion in 2024 and is expected to reach USD 22.92 Billion by 2033, exhibiting a CAGR of 4.70% during the forecast period 2025–2033. Growth is driven by rising consumer demand for functional dairy products, supportive government policies, and innovations in sustainability and health-focused offerings. The market adapts to evolving preferences, ensuring steady expansion. For detailed insights, visit the Canada Dairy Market (https://www.imarcgroup.com/canada-dairy-market).

STUDY ASSUMPTION YEARS

●     Base Year: 2024

●     Historical Year/Period: 2019-2024

●     Forecast Year/Period: 2025-2033

CANADA DAIRY MARKET KEY TAKEAWAYS

●     Current Market Size: USD 15.4 Billion in 2024

●     CAGR: 4.70%

●     Forecast Period: 2025-2033

●     The market is led by increasing demand for high-protein foods and health awareness.

●     Government incentives and innovations in functional dairy foods support market growth.

●     Key trends include lactose-free and plant-based substitutes, premiumization, and organic options.

●     Technological advancements in processing influence product variety and innovation.

●     The competitive landscape features multinational companies and regional cooperatives competing on price, sustainability, and differentiation.

Sample Request Link: [https://www.imarcgroup.com/canada-dairy-market/requestsample]

MARKET GROWTH FACTORS

The growth of the dairy market in Canada has been attributed to the growing preference for high-protein foods, increased health consciousness among Canadians and government support for production at home. Several mechanisms support producer stability. They subsidize and manage supply for pricing and domestic steadiness. Functional dairy foods that are innovative like probiotics and supplements can address consumer nutritional needs that are changing and expand opportunities for the dairy market.

Greater demand exists for organic dairy products and lactose-free dairy products. This trend drives growth in the dairy processing equipment market. Consumers switch toward organic foods. Consumers search throughout for fresh and natural foods. This increases the consumption of dairy products. Organic dairy complements the sustainability aspects of consumer preferences. Lactose-free dairy products are a response to health and dietary issues, both encouraging dairy producers to innovate and diversify.

Digitally transformed e-commerce and online grocery distribution channels, enabled by a cold chain and the use of recommendation systems, have been recognized as promising for repeat purchases and consumer learning, particularly among younger, tech-savvy consumers. The growth of the foodservice industry is another major driver of demand for many dairy products and spells good news for Canadian dairy products.

MARKET SEGMENTATION

Analysis by Product Type:

●     Liquid Milk: Popular for rich nutrients like calcium and protein; available mainly in whole, skimmed, or low-fat forms.

●     Flavored Milk: Milk with added flavors (chocolate, strawberry, vanilla) appealing especially to youngsters as a convenient snack.

●     Cream: Versatile in cooking and baking; includes heavy, whipping, and sour cream used for texture and richness.

●     Butter: Household staple prized for flavor and texture; available as salted, unsalted, and cultured variants.

●     Cheese: Includes cheddar, mozzarella, brie; versatile in cooking; rich in protein and calcium.

●     Yoghurt: Nutrient-rich with probiotics; available plain, flavored, or Greek; promotes gut health.

●     Ice Cream: Popular all-age dairy delight; offered in various flavors and formats; newer variants include lactose-free and high-protein options.

●     Anhydrous Milk Fat (AMF): Used in food manufacturing for flavor and storability; applied in biscuits, confections, and spreads.

●     Skimmed Milk Powder (SMP): Dehydrated non-fat milk; long shelf life and nutritional value; used in food manufacturing and bakery.

●     Whole Milk Powder (WMP): Maintains natural fat; used in confectionery, baked goods, beverages; extended shelf life.

●     Whey Protein: High-quality protein popular in health and fitness; found in shakes, bars, and functional foods.

●     Lactose Powder: Natural sweetener used in bakery, infant formulas, and medicines; an essential by-product.

●     Curd: Traditional fermented dairy rich in probiotics; consumed standalone or incorporated in meals.

●     Others: Includes kefir, dairy-based beverages, specialty spreads; caters to dietary preferences and trends; continuously innovated.

REGIONAL INSIGHTS

Ontario is the dominant dairy-producing province in Canada, supported by numerous dairy farms, processing facilities, and efficient infrastructure enabling effective production and distribution. Quebec is recognized for artisanal cheese-making and a significant milk supply. Alberta contributes with advanced technology and sustainable practices, while British Columbia emphasizes organic and specialty products reflecting health-conscious consumer trends. Other provinces include Manitoba, Saskatchewan, and Atlantic regions with niche contributions and growth strategies.

RECENT DEVELOPMENTS & NEWS

●     August 2024: Saputo USA announced product launches including a collaboration with Mike’s Hot Honey combining goat cheese with sweet heat, launching in September, plus Montchevre Goat Gouda and Treasure Cave Mild Blue Cheese.

●     March 2024: Kraft Heinz, with TheNotCompany, launched KD NotMacandCheese, a plant-based mac and cheese, and KD Gluten-Free, nationwide.

●     February 2024: Chapman's Cold Brew Coffee ice cream, made with Indigenous-owned Birch Bark Coffee, was honored as Product of the Year, with proceeds supporting Indigenous clean water initiatives.

KEY PLAYERS

●     Saputo Inc.

●     Agropur Cooperative

●     Lactalis Canada Inc.

●     Gay Lea Foods Co-operative Limited

●     Amalgamated Dairies Ltd

●     Reid’s Dairy Company Ltd

●     St-Albert Cheese Co-operative

●     Maple Dale Cheese Inc.

CUSTOMIZATION NOTE

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

ABOUT US

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

CONTACT US

IMARC Group,

134 N 4th St. Brooklyn, NY 11249, USA,

Email: sales@imarcgroup.com,

Tel No: (D) +91 120 433 0800,

United States: +1-201971-6302