The import of animal feed to Canada was valued at $1.1737 billion USD in 2023. From this point, the forecast indicates a gradual increase yearly through 2028, with the import value reaching $1.3271 billion USD. Year-on-year percentage variations show a growth pattern: 2.59% from 2024 to 2025, 2.47% from 2025 to 2026, 2.37% from 2026 to 2027, and 2.26% from 2027 to 2028. The compound annual growth rate (CAGR) from 2023 to 2028 is approximately 2.51%.

Future trends to watch for include:

Increasing demand for animal feed driven by the livestock industry growth in Canada.
The potential impact of economic policies and trade agreements on import levels.
Technological advancements in feed production that may alter import reliance.
Environmental policies that could influence feed composition and sourcing.