Canada's poultry meat production value at the farm gate in 2023 stood at 2.52 billion USD, marking an annual increase of 1.22% from 2022. From 2013 to 2023, there has been a general declining trend until 2017, followed by modest growth. The 5-year CAGR leading to 2023 was 1.25%, indicating steady yet slow growth. Forecasts for 2024 to 2028 predict a continued rise, albeit at a moderated 5-year CAGR of 0.9%, reflecting a forecasted growth rate of 4.57%.

Future trends to watch for:

Market adaptation to regulatory changes impacting production practices.
Technological advancements in poultry farming influencing production efficiency.
Changing consumer preferences and demand for poultry meat affecting market dynamics.