Forecast: Chicken Meat Slaughtering in Canada

From 2013 to 2023, the chicken meat slaughtering industry in Canada exhibited modest growth. With an initial value of 648.65 Million Units in 2013, it reached 813.46 Million Units by 2023. Notable declines were observed in 2020 with a 3.9% drop. By contrast, 2021 saw an 8.93% increase. The 5-year CAGR up to 2023 stood at 1.46%. Future forecasts predict a continued upward trend, with a projected 1.06% CAGR over the next five years, reaching 871.19 Million Units by 2028.

Future trends to watch for:

  • Potential impacts of global trade policies on chicken meat supply.
  • Evolving consumer preferences towards sustainable and organic poultry.
  • Technological advancements in poultry farming improving efficiency.
  • Impact of health trends and substitutes like plant-based meats on chicken consumption.

Top Countries about Poultry Processing