In 2023, pork consumption per capita in Canada was slightly higher than the projected figure for 2024. The forecast reveals a gradual decline in consumption, from 15.01 kg in 2024 to 14.75 kg by 2028. This amounts to a year-on-year decrease, reflecting a changing consumer preference or market dynamics. Over the five-year period, the compound annual growth rate (CAGR) indicates an average annual reduction in pork consumption per capita.
Future trends to watch include:
- Growing consumer interest in plant-based proteins which may continue to influence the decline in pork consumption.
- Potential economic factors impacting consumer purchasing power and preferences.
- Government policies and health recommendations regarding meat consumption.