The forecast for Canada's beef and veal meat supply indicates stability with a slight upward trend from 2024 to 2028. Starting at 1.61 million metric tons in 2024 and 2025, the supply is expected to gradually rise to 1.64 million metric tons by 2028. This reflects minimal year-on-year growth, averaging around 0.31% annually over the five-year period.

Future trends to monitor include:

Global demand fluctuations, especially from significant markets like the U.S. and China, which could impact Canadian exports.
Climate change and its effects on livestock production, potentially influencing supply stability.
Technological advancements in farming and supply chain efficiency that could alter production capacities.
Domestic demand trends, influenced by changes in consumer preferences and economic conditions.