The Canadian broiler meat supply is forecasted to steadily grow from 1.47 million metric tons in 2024 to 1.54 million metric tons by 2028. This represents a year-on-year increase of approximately 0.7% from 2024 to 2025, 1.35% from 2025 to 2026, 1.33% from 2026 to 2027, and another 1.32% from 2027 to 2028. This results in a compound annual growth rate (CAGR) of around 1.17% across these years. In 2023, actual supply figures stood at comparable levels to the beginning of the forecast period, facilitating this incremental growth pattern.
Future trends to watch for include:
- Potential impacts of economic factors and policy changes on production costs and supply chain resilience.
- Shifts in domestic and international demand driven by health trends and dietary changes.
- Advancements in sustainable and efficient farming practices enhancing yield and environmental compliance.
