The indigenous duck meat production in Canada is forecasted to grow steadily from $21.69 million to $21.85 million USD PPP by 2028. This represents an annual year-on-year growth rate of approximately 0.18%-0.20% between each consecutive year from 2024 through 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 0.18%, highlighting modest but consistent growth. In 2023, the value stood at $21.65 million USD PPP, serving as a baseline for these forecasts.
Future trends to watch include changing consumer preferences toward sustainable and locally sourced meat products. Any shifts in policy or international trade dynamics could also impact production levels and market conditions for duck meat in Canada. Monitoring these factors will be crucial for potential variations in the growth trajectory.
