The market is dominated by domestic suppliers, as imports account for 12.5% of total market size in 2022. Households drive market demand, with household spending representing 61.9% of total demand in 2022. Canada has the sixth largest market size for meat and meat products across the top 20 developed countries, with demand reaching USD45.1 billion in 2022. La Cooperative Federee de Quebec is the largest company in Canada, generating 10.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 25.3% of total production value in 2022. The total number of companies increases in 2022, to 2,182 units. The costs of the industry increase by 3.3% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 13.0% of production value in 2022, the third highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 19.6% of total production output. With production value of USD34.1 billion, Canada accounts for 12.2% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Meat and Meat Products in Canada: ISIC 1511. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Meat and Meat Products in Canada: ISIC 1511 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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