The indigenous horse meat gross production in Canada has shown a steady upward trend. In 2023, the recorded value was slightly below the 2024 forecast of 75.07 million USD PPP. From 2024 to 2028, the data points reflect a consistent annual increase in value, averaging a growth rate of about 1.1% per year. The year-on-year variation highlights the industry's stable demand and potential for expansion, given the gradual rise in production value.
Future trends to watch for include:
- Changes in consumer preferences and dietary trends, which could impact demand.
- Regulatory adjustments affecting horse meat production and trade.
- Technological advancements in production processes that might enhance efficiency.