Forecast: Household Expenditure on Turkey in Canada

Household expenditure on turkey in Canada remained stable at CAD 36 from 2024 to 2026, representing no change from 2023, when the expenditure was also CAD 36. In 2027, a slight increase to CAD 37 is forecasted, which is a 2.78% year-on-year increase. This figure is expected to remain stable into 2028. Over the forecasted period from 2024 to 2028, the compound annual growth rate (CAGR) is minimal, indicating overall stability in expenditure on turkey within Canadian households.

Trends to watch for include:

  • Potential shifts in consumer preferences towards alternative proteins, which may impact turkey expenditure.
  • Seasonal fluctuations, particularly around traditional holidays, affecting per capita consumption.
  • Market dynamics prompted by international trade policies and poultry production costs that could influence prices.

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