In 2023, the demand for mutton and goat meat in Canada stood at 39.02 Thousand Metric Tons. Based on forecasted data, the demand is expected to slightly increase year-on-year from 2024 to 2028, reaching 39.63 Thousand Metric Tons in 2028. This represents annual year-on-year growth rates of approximately 0.33% to 0.33%. The Compound Annual Growth Rate (CAGR) over the period from 2024 to 2028 is projected to be minimal at around 0.31%, indicating a stable yet marginal growth trend.
Future trends to watch for include:
- Shifts in consumer preferences towards alternative proteins.
- Changes in import and export policies impacting supply chains.
- Environmental and sustainability concerns influencing meat consumption patterns.