The forecasted meat market size volume per capita in Canada shows a slight and steady increase from 2024 to 2028. In 2024, the projection is 91.68 kilograms per capita, with this figure gradually rising to 91.87 kilograms per capita by 2028. The year-on-year variation indicates a minimal increase of approximately 0.05 kg each year. Notably, in 2023, the actual meat market size volume per capita stood at 91.68 kilograms, highlighting the plateauing trend in meat consumption.
Looking at the longer-term trend, the compound annual growth rate (CAGR) over these five years reflects an average annual increase of around 0.05%. This underscores the stable and low-growth nature of meat consumption volume per capita in Canada.
Future trends to watch for include the impact of alternative protein sources and shifting consumer dietary preferences on the meat market. Additionally, environmental and health awareness may further influence meat consumption patterns, potentially dampening growth or even leading to a gradual decline in per capita meat consumption.
