Analyzing the forecasted data for chicken meat production in Canada from 2024 to 2028 reveals a steady increase, rising from 1.43 million metric tons in 2024 to 1.52 million metric tons in 2028. The yearly increase represents an approximate 1.4% to 1.5% annual growth rate. By comparison, production in 2023 stood at 1.41 million metric tons, indicating a continued upward trend in production volumes.
The year-on-year variation from 2023 to 2024 shows a 1.42% increase. From 2024 to 2025, it’s a 1.40% increase, continuing with 1.38%, 1.36%, and 2.01% in subsequent years. The CAGR from 2023 to 2028 is approximately 1.5%, demonstrating consistent growth in the industry over this period.
Future trends to watch for include technological advancements in chicken farming, potential shifts in consumer dietary preferences towards more or less poultry, regulatory changes, and the impact of global trade dynamics on supply chains.
