The forecast for Canada’s egg production shows a steady increase from 894.79 million dozens in 2024 to 949.7 million dozens by 2028. This data suggests a consistent growth in the industry. Assuming 2023 data reflects recent historical levels, the steady ascent implies a responsive market to rising demand and improving production efficiencies. The year-on-year increase averages around 1.5%, marking a healthy incremental growth trajectory. The compound annual growth rate (CAGR) over five years suggests a sound upward trend indicating market stability and resilience.
Future trends to watch include:
- Technological advancements in farming and production efficiencies.
- Potential impacts of policy changes on agricultural practices and trade.
- Shifting consumer preferences towards organic or free-range eggs.
- Global economic factors affecting feed costs and production logistics.
