As of 2023, Canada's chicken meat supply stood at 1.66 million metric tons. From 2024 onwards, the chicken meat supply is forecasted to grow steadily, with a year-on-year increase: 1.78 million metric tons by 2028, marking approximately a 7.2% cumulative increase over the five-year period. The compound annual growth rate (CAGR) over this period is around 1.4%, reflecting consistent, moderate growth.
Future trends to watch include:
- The impact of consumer preferences shifting towards sustainable and organic poultry.
- Technological advancements in poultry farming to increase efficiency and production capacity.
- Potential trade dynamics post-NAFTA, affecting supply chain and pricing in the Canadian market.
- Influence of global disease outbreaks or environmental policies on the supply chain.
