As of 2024, poultry meat consumption at the farm gate in Canada is projected to progressively increase, reaching 1.59 million metric tons by 2028. In 2023, the actual consumption stood at approximately 1.51 million metric tons. The data indicates steady growth with a year-on-year increase of about 1.31% from 2024 onwards, reflecting a consistent upward trend. Over the five-year forecast period, the compound annual growth rate (CAGR) is approximately 0.97%, highlighting a stable increase in consumption.
Future trends to watch for include potential impacts of consumer dietary preferences, shifts in domestic agricultural policies, and international trade dynamics on poultry consumption. Monitoring these factors will be crucial in assessing the continuity of the upward trend in the Canadian poultry market.
