The Canadian poultry meat market is expected to witness moderate growth from 2024 to 2028, with a consistent year-on-year increase in value. Starting at 2.63 billion USD in 2024, the value grows steadily by approximately 1.5% annually, reaching 2.78 billion USD by 2028. With a compound annual growth rate (CAGR) of around 1.4% over these five years, this trend indicates a stable upward trajectory.
Future trends to watch for include:
- Potential impacts of sustainability demands as consumer preferences shift towards more environmentally conscious products.
- Influence of technological advancements in farming practices on production efficiency.
- Regulatory changes impacting trade dynamics and pricing.
