The market is dominated by domestic suppliers, as imports account for 29.5% of total market size in 2020. Households drive market demand, with household spending representing 70.5% of total demand in 2020. Canada has the sixth largest market size for vegetable, potato and fruit products across the top 20 developed countries, with demand reaching USD14.1 billion in 2020. McCain Foods Ltd is the largest company in Canada, generating 16.7% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 27.5% of total production value in 2020. The total number of companies decreases in 2020, to 1,437 units. The costs of the industry decrease by 3.1% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 10.9% of production value in 2020, the seventh highest across the top 20 developed countries. With production value of USD7.8 billion, Canada accounts for 8.7% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Vegetable, Potato and Fruit Products in Canada: ISIC 1513. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Vegetable, Potato and Fruit Products in Canada: ISIC 1513 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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