In 2023, Canada produced approximately 10.6 billion units of shell hen eggs. Forecast data indicates a steady growth pattern from 2024 through 2028, beginning at 10.749 billion units in 2024 and rising to 11.481 billion units by 2028. Year-on-year production is projected to increase by approximately 1.7% to 1.8%. The compound annual growth rate (CAGR) from 2024 to 2028 is projected at 1.66%, highlighting a consistent upward trend.
Future trends to watch for:
- Potential impacts of evolving consumer preferences towards plant-based alternatives.
- Technological innovations leading to enhanced production efficiencies.
- Regulatory changes affecting the egg production industry.