The market is dominated by domestic suppliers, as imports account for 8.7% of total market size in 2020. Households drive market demand, with household spending representing 66.9% of total demand in 2020. Canada has the seventh largest market size for dairy products across the top 20 developed countries, with demand reaching USD18.0 billion in 2020. Agropur Co-operative Agro-Alimentaire is the largest company in Canada, generating 40.9% of the industry’s total production value in 2020. The industry is concentrated, with the top five companies generating 79.1% of total production value in 2020. The total number of companies decreases in 2020, to 1,719 units. The costs of the industry decrease by 5.9% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 7.7% of production value in 2020, the seventh highest across the top 20 developed countries. With production value of USD10.2 billion, Canada accounts for 7.9% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Dairy Products in Canada: ISIC 152. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Dairy Products in Canada: ISIC 152 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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