The sales of fresh meat and poultry in non-store retailing in Canada are projected to slightly decrease from 29.67 million Canadian dollars in 2024 to 28.28 million by 2028. This represents a gradual decline across the forecast period, with an average annual decrease of approximately 1.25% compounded over these five years. This trend highlights a consistent reduction year-on-year, indicating a slight contraction in this segment.
Future trends to watch for:
- Increased consumer preference for alternative proteins might further impact demand.
- Adoption of digital grocery platforms could intensify competition and require retailers to innovate.
- Sustainability trends affecting sourcing practices and supply chains could alter market dynamics.
- Economic factors like inflation or changes in disposable income could influence consumer behavior in this category.
