The expenditure by private non-profits in Canada on R&D in Agricultural and Veterinary Sciences saw steady growth from 2024 to 2028, starting at 6.88 million USD in 2024 and reaching 7.64 million USD by 2028. This reflects an average annual growth rate of 2.60%. Notably, the sector experienced increasing investment year-on-year, with the highest rise between 2025 and 2026.

Future trends to watch for:

Technological advancements in biosciences, which could drive faster growth.
Changing regulations or policies impacting funding and investment priorities.
Potential increased collaborations with public sector and international entities.