Canada's Chicken Egg Production industry has grown over the five years to 2023, buoyed by the agricultural sector's supply management system. Since eggs are a staple for most Canadians, egg consumption has grown in line with domestic population size. Demand for new specialty egg products with enriched qualities has also risen, bolstering industry demand. Consumers have increasingly purchased products perceived as being ethically raised, such as cage-free or free-range eggs, which garner a price premium for industry goods. Despite the impact of COVID-19, industry performance did not change significantly, as downstream demand for eggs remained relatively unchanged. Overall, industry revenue is expected to grow an annualized 3.9% to $1.7 billion over the five years to 2023, including growth of 2.6% in 2023 alone. Operational disruptions will affect industry profitability marginally, but may cause a slight decline.
Operators in the Chicken Egg Production industry in Canada primarily raise chickens for egg production. The eggs produced may be sold for use as table eggs or hatching eggs.
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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