Forecast: Pork Production at Farm Gate in Canada

In 2023, Canada's pork production at the farm gate was valued at approximately $3.79 billion USD. The forecast from 2024 to 2028 shows a steady increase in value, reaching $4.02 billion USD by 2028. This growth pattern reflects a modest year-on-year increase, with a consistent rise each year. From 2024 to 2025, the value grows by 1.30%, from 2025 to 2026 by 1.03%, from 2026 to 2027 by 1.27%, and from 2027 to 2028 by 1.00%. The compound annual growth rate (CAGR) over this five-year period stands at approximately 1.19%.

Future trends to watch for include:

  • Potential impacts of trade agreements on pork exports.
  • Developments in sustainable farming practices affecting production costs and market pricing.
  • Shifts in consumer dietary preferences towards plant-based alternatives.

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