In 2023, Canada's poultry meat production stood at 1.52 million metric tons. The forecast for the upcoming years indicates a steady increase in production volumes, reaching 1.55 million metric tons in 2024 and 1.61 million metric tons by 2028. This marks an anticipated year-on-year growth of approximately 1.3% in 2025, 0.6% in 2026, 1.3% in 2027, and 0.6% in 2028. Over the five-year forecast period from 2024 to 2028, the Compound Annual Growth Rate (CAGR) stands at around 1.14%.
Future Trends to Watch For:
- Technological advancements in poultry farming contributing to higher efficiency and productivity.
- Shifts in consumer preferences toward healthier, protein-rich diets which could boost demand.
- Potential impact of regulatory changes and trade policies on production capacities.
- Environmental and sustainability concerns influencing farming practices and production methods.
- Global economic factors and potential supply chain disruptions affecting overall production trends.
