The forecast for Canadian beef and veal production indicates a steady rise in volume, increasing from 1.43 million metric tons in 2024 to 1.46 million metric tons by 2028. This represents a slow but consistent growth trend with an annual increment of approximately 0.7% to 1% in production volume.
Future trends to watch for:
- Potential impacts of climate change on livestock and feed.
- Shifts in consumer preferences toward plant-based alternatives.
- Trade policies affecting export opportunities for Canadian beef and veal.
