The market is dominated by domestic suppliers, as imports account for 19.3% of total market size in 2020. B2B drives market demand, with B2B spending representing 73.9% of total demand in 2020. Canada has the 10th largest market size for pet food and animal feeds across the top 20 developed countries, with demand reaching USD7.9 billion in 2020. Nutreco Canada Inc is the largest company in Canada, generating 12.5% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 22.5% of total production value in 2020. The total number of companies increases in 2020, to 833 units. The costs of the industry decrease by 1.9% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 10.2% of production value in 2020, the fourth highest across the top 20 developed countries. With production value of USD6.5 billion, Canada accounts for 11.0% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Pet Food and Animal Feeds in Canada: ISIC 1533. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Pet Food and Animal Feeds in Canada: ISIC 1533 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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