The value added of crop and animal production, hunting, and related service activities in Canada is projected to grow steadily from 2024 to 2028. In 2023, this sector's value was estimated to be slightly lower in comparison to 2024 values. Year-on-year percentage increases show a consistent growth rate around 1.8% to 1.9%, reflecting stable demand and production efficiency improvements. Over the next five years, the compound annual growth rate (CAGR) is expected to maintain a steady, positive trend.

Future trends to watch for include:

Technological advancements in agricultural practices potentially increasing production efficiency.
Changes in trade policies that could affect export markets and sector growth.
Climate change impacts, necessitating adaptive strategies in crop and animal production.
Shifts in consumer preferences towards sustainable and organic production.