The forecast for private non-profit expenditure on R&D in agricultural and veterinary sciences in Canada indicates a steady increase from 2024 to 2028. The expenditure is expected to grow from 7.47 million USD PPP in 2024 to 8.32 million USD PPP in 2028, reflecting a rising commitment to research and development in this sector. Year-on-year variations from 2024 to 2025 show an increase of approximately 3.5%, followed by similar growth rates in subsequent years. The compound annual growth rate over these five years is expected to be around 2.7%.

Future trends to watch for include:

Impact of technological advancements and innovations in agriculture and veterinary sciences on R&D expenditure.
Government policies and funding that may affect the level of private non-profit investment in this sector.
Global economic conditions and their influence on research funding availability and priorities.