The forecast for chicken meat consumption in Canada indicates a steady growth from 2024 to 2028. The consumption is projected to rise from 1.63 million metric tons in 2024 to 1.73 million metric tons by 2028. This represents a steady yearly increase, reflecting consistent demand in the market. For comparison, in 2023, consumption was recorded at approximately 1.60 million metric tons. Year-on-year growth is evident, with average annual growth demonstrating a Compound Annual Growth Rate (CAGR) of around 1.5% over five years.
Future trends to watch for include potential shifts in dietary preferences towards plant-based alternatives, regulatory changes affecting the poultry industry, and economic factors influencing consumer purchasing power. Monitoring these trends will be crucial for stakeholders in the poultry sector.
