Chicken & Turkey Meat Production in Canada
As with most other industries under the supply management system, the Chicken and Turkey Meat Production industry in Canada exhibits a moderate degree of volatility. As the broader Canadian economy recovered over the five-year period, revenue has grown slowly. Over the five years to 2022, poultry farmers will continue to experience positive growth, albeit at a slightly faster rate than during the previous five-year period. Revenue growth will be supported by the popularity of poultry relative to red meat, increased population growth and the relatively low price of poultry.
This industry is composed of farms that raise chicken broilers, hens and turkeys for meat production. Most farmers are contracted suppliers for particular processors; however, because the industry operates under a supply management system, processors are required to pay producers a regulated price for their poultry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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