The forecast for Canada's oyster production shows a steady increase from 15.55 thousand metric tons in 2024 to 16.56 thousand metric tons by 2028. Compared to 2023, which stood at an undisclosed baseline level, these projections indicate a consistent growth trend.
Year-on-year, the production volume is anticipated to grow approximately by 1.61% to 1.68%, demonstrating healthy incremental growth in oyster farming efficiency and capacity. The compound annual growth rate (CAGR) across 2024 to 2028 is estimated at around 1.67%, highlighting a stable expansion over five years.
Future trends to watch for include technological advancements in aquaculture improving yield, potential impacts of climate change, and shifting consumer preferences toward sustainable seafood, which may further influence the expansion of oyster production in Canada.
