In 2023, veal consumption per capita in Canada was at 0.74 kilograms. The forecast from 2024 to 2028 indicates a gradual decline in consumption. The year-on-year variation shows a steady decrease, with minor reductions each year: -1.37% from 2024 to 2025, -1.39% from 2025 to 2026, no change from 2026 to 2027, and -1.41% to 2028. The compound annual growth rate (CAGR) over the five-year period is approximately -1.41%, reflecting a consistent downward trend in veal consumption.

Future trends to watch for:

Shifts in consumer dietary preferences towards plant-based alternatives could further impact veal consumption negatively.
Economic factors such as cost fluctuations and inflation may affect consumer buying power and veal consumption levels.
Sustainability and ethical concerns within the meat industry may influence future consumption patterns.