The forecasted data for broiler meat consumption in Canada from 2024 to 2028 shows a steady growth trend, increasing from 1.41 million metric tons in 2024 to 1.47 million metric tons by 2028. In 2023, actual consumption stood at 1.40 million metric tons. The year-on-year variation shows an approximate annual growth of around 1.4% per year over the 5-year period, representing a consistent upward trend. This steady growth suggests a positive outlook for the broiler meat market in Canada.
Future trends to watch for include:
- Potential changes in consumer preferences towards plant-based diets which may impact meat consumption.
- Regulatory policies influencing the meat industry, potentially affecting supply and pricing.
- Technological advancements in meat production aiming for more sustainable and efficient processes.