The forecasted per capita broiler meat consumption in Canada shows a slight, consistent increase from 34.01 kg in 2024 to 34.76 kg in 2028. The year-on-year growth rates are modest, indicating stable demand. Specifically, the consumption grows by approximately 0.56% annually, with a similar trend noted from 2023's actual data where consumption was slightly lower. Over the five-year period, the compound annual growth rate (CAGR) reflects a steady yet slow increase.
Future trends to watch for:
- Changes in dietary preferences and health consciousness could impact growth.
- Economic factors influencing consumer buying power.
- Potential shifts in the agricultural policy or trade agreements affecting broiler meat supply.