Manya Rathore
Research expert covering India
Dairy industry in Canada - statistics & facts
The trade balance of dairy products in Canada amounted to -1.01 billion Canadian dollars in 2023, meaning dairy imports were valued at around one billion Canadian dollars more than dairy exports from Canada that year. The United States is, by far, the largest trade partner for Canadian dairy products. The trade value of dairy and eggs imported to Canada was about 1.44 billion Canadian dollars in 2024.
Dairy production and manufacturing
Quebec is the largest dairy producing province in Canada, with around 354,000 and 137. Ontario and British Columbia follow in second and third places, respectively. The value of in Canada amounted to about 10-9 billion Canadian dollars in 2023. after meat and grains, dairy products had the highest shipment value for Canada in that year. In 2023, the of dairy products amounted to above 8.5 billion Canadian dollars.Canadian dairy segment
The sales value of milk products in Canada has gradually risen over the past few years. Between 2019 and 2024, the retail sales value of milk products grew by about 1.5 billion Canadian dollars. The revenue in the yogurt segment in Canada was also forecast to continuously increase between 2024 and 2029 by about 30 percent. The yogurt market revenue is estimated to reach 4.2 billion Canadian dollars by 2029. When it comes to choosing between dairy and non-dairy products, many Canadians still only purchase dairy milks. It was much more common for younger consumers to purchase any sort of non-dairy milk. Conversely, consumers 55 years and older were more likely to buy dairy milk only.
