In 2023, meat production in Saint Pierre and Miquelon was recorded at 1.0 metric tons. The forecast from 2024 to 2028 shows a consistent year-on-year decline in meat production: 25% from 2024 to 2025, 33% from 2025 to 2026, 25% from 2026 to 2027, and 66.7% from 2027 to 2028. The compound annual growth rate (CAGR) over the forecasted period from 2024 to 2028 is approximately -27%, reflecting a significant downward trend.

Future trends to watch for:

Analyzing factors contributing to the decline, such as shifts in local agriculture policy or market demand changes.
Exploring potential alternatives for sustaining the meat industry or diversifying into other agricultural sectors.
Monitoring imports to complement local production to meet domestic consumption needs.