Cost of food in Canada increased 2.90 percent in June of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Canada Food Inflation - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

From January 2022 to January 2025, the consumer price index (CPI) of food purchased from the store generally increased monthly in every province. In Prince Edward Island, the CPI reached ***** by January 2025, making it the highest CPI in Canada in that month.

Monthly average retail prices for selected food products, for Canada and provinces. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.

In 2025, being too expensice was the main reason why Canadian did not buy prepared foods at the grocery store. Not having healthy choices was also considered as a purchase barrier among consumers.

Monthly indexes and percentage changes for selected sub-groups of the food component of the Consumer Price Index (CPI), not seasonally adjusted, for Canada, provinces, Whitehorse and Yellowknife. Data are presented for the corresponding month of the previous year, the previous month and the current month. The base year for the index is 2002=100.

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Online Grocery Market Size 2025-2029

The online grocery market size is forecast to increase by $ 1535.6 billion, at a CAGR of 18.5% between 2024 and 2029.

The market is experiencing significant growth, fueled by the increasing popularity and adoption of e-commerce platforms. This shift is driven by the convenience and time savings offered by shopping online, particularly among busy consumers. Another key trend in the market is the growing demand for functional food and beverages, as consumers prioritize health and wellness in their daily lives. However, the market also faces several challenges. One major obstacle is the end-user perception of online grocery shopping, which includes concerns over product quality, freshness, and the lack of tactile experience. Additionally, the complexity of managing perishable items and ensuring timely delivery adds to the operational challenges for retailers. To capitalize on market opportunities and navigate these challenges effectively, companies must focus on improving the online shopping experience, ensuring product quality, and implementing efficient logistics solutions. By addressing these issues, retailers can differentiate themselves in the competitive online grocery landscape and meet the evolving needs of health-conscious consumers.

What will be the Size of the Online Grocery Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, with innovative technologies and strategies shaping its dynamics. Email marketing automation and dynamic pricing algorithms are becoming standard tools for e-commerce grocery platforms, enabling personalized offers and competitive pricing. Online grocery reviews, a critical source of customer feedback, are analyzed through data analytics dashboards to improve product offerings and customer experience. Fraud detection systems and mobile apps with route optimization software ensure secure and efficient order fulfillment, while subscription box services offer convenience and customization. Digital marketing campaigns, search engine optimization, and social media marketing expand reach and engagement. Customer service chatbots and loyalty program management foster customer relationships, driving repeat purchases and increasing customer lifetime value. Industry growth is expected to reach double digits annually, with e-commerce grocery sales accounting for a significant share. For instance, a leading e-commerce grocery platform reported a 35% increase in sales during the last quarter. Cold chain logistics and real-time inventory tracking are essential components of a successful online grocery business, ensuring product quality and availability. Payment gateway integration and warehouse automation technology streamline transactions and operations, enhancing website conversion rates. Demand forecasting models and inventory management software optimize stock levels and reduce waste, while last-mile delivery optimization and online grocery delivery services provide seamless shopping experiences. Customer feedback analysis and demand forecasting models enable continuous improvement and adaptation to evolving consumer preferences.

How is this Online Grocery Industry segmented?

The online grocery industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductFood productsNon-food productsTypeOne time customersSubscribersDelivery ModeHome deliveryClick and collectProduct TypeFresh produceBreakfast and dairySnacks and beveragesStaples and cooking essentialsOthersGeographyNorth AmericaUSCanadaEuropeFranceRussiaUKAPACChinaIndiaIndonesiaJapanSouth AmericaBrazilRest of World (ROW)

By Product Insights

The food products segment is estimated to witness significant growth during the forecast period.The market is experiencing significant growth, with the food products segment contributing substantially to the revenue generated from retail sales. Consumers prefer online channels for shopping food products due to several factors. These include the convenience and ease of access to retailer websites, swift delivery processes, integrated return policies, and a wide range of product options. Personalization engines and mobile apps enable quicker visits and offer customization and ease of use. Quality and originality checking metrics are available on web portals, ensuring consumer trust. Leading global packaged food and beverage producers, such as Nestle, Danone, PepsiCo, Mars, Coca-Cola, Kraft-Heinz, Abbott, and Mondelez, are present in the online retail space through their own websites and third-party retailers. This encourages consumers to shop for groceries online. Dyna

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Ethnic Foods Market Size 2025-2029

The ethnic foods market size is forecast to increase by USD 32.82 billion at a CAGR of 10.6% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing popularity of diverse culinary traditions, particularly Italian cuisine. This trend is influenced by the globalization of food culture and the expanding palates of consumers. Moreover, leading companies in the market are innovating and implementing sustainable packaging solutions to cater to evolving consumer preferences and reduce environmental impact. However, the market is not without challenges, including the fluctuating prices of raw materials, which can impact profitability and operational planning. Companies seeking to capitalize on market opportunities must stay agile and adapt to these dynamics, while also navigating the complexities of international trade regulations and cultural sensitivities.
To succeed, strategic partnerships, product diversification, and a strong commitment to sustainability are essential. Companies that can effectively manage these challenges and leverage market trends will be well-positioned for growth and long-term success. Food festivals, demonstrations, cooking classes, ethnic restaurants, food trucks, and grocery stores cater to the diverse needs and preferences of consumers. Food service software and inventory management systems streamline operations for businesses in this market.

What will be the Size of the Ethnic Foods Market during the forecast period?

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The market encompasses a diverse range of cuisines that reflect the rich cultural heritage and traditions of various communities worldwide. This market is characterized by its dynamic growth and innovation, driven by increasing consumer interest in cross-cultural food experiences, dietary preferences, and food allergies. The demand for gluten-free products, halal and kosher certified items, organic foods, and sustainably sourced ingredients continues to rise, shaping market trends. Ethical business practices, such as fair trade and food waste reduction, are also gaining traction. Food accessibility, equity, and community initiatives are essential aspects of the market, ensuring that diverse culinary traditions are preserved and shared.
Ethnic foods are celebrated through various channels, including food education, cultural heritage preservation, food history, food anthropology, and food media. The market is further enriched by the fusion of culinary arts, food photography, food styling, recipe development, food writing, food blogging, and food vlogging. Overall, the market is a vibrant and evolving landscape that reflects the richness and diversity of global culinary traditions.

How is this Ethnic Foods Industry segmented?

The ethnic foods industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Type

  Non-vegetarian
  Vegetarian


Product Type

  Ready-to-eat meals
  Frozen meals
  Packaged meals
  Dried meals
  Canned meals


Variant

  Asian
  Italian
  Mexican
  Others


Geography

  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan
    South Korea


  North America

    US
    Canada


  Middle East and Africa



  South America

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period. Ethnic cuisine continues to captivate consumers with its unique and authentic flavors, driving demand for specialty foods and international cuisine. Cultural food preferences are at the forefront of global food trends, with regional specialties and traditional recipes gaining popularity. Food import and ingredient sourcing are crucial aspects of the ethnic food market, with ethnic grocery stores, restaurants, and food delivery services playing significant roles in the industry. Food retail, manufacturing, and processing industries cater to the diverse needs of consumers, offering a wide range of ethnic ingredients, spices and herbs, sauces and marinades, frozen foods, canned foods, dry goods, fresh produce, meat and poultry, dairy products, bakery goods, ethnic snacks, and beverages.

Food preservation techniques, food innovation, and new product development are essential for maintaining the freshness and authenticity of ethnic food products. Food safety, labeling, and dietary preferences are critical considerations in the ethnic food market, with cultural influences shaping consumer demand. Food festivals, cultural events, and food tourism further fuel the growth of the ethnic food industry. Food distribution, supply chain management, and logistics are essential co

Canada Consumer Price Index (CPI): Food: PS: OF: OT: Baby Foods data was reported at 176.200 2002=100 in Mar 2025. This records an increase from the previous number of 174.500 2002=100 for Feb 2025. Canada Consumer Price Index (CPI): Food: PS: OF: OT: Baby Foods data is updated monthly, averaging 97.300 2002=100 from Sep 1978 (Median) to Mar 2025, with 559 observations. The data reached an all-time high of 176.600 2002=100 in Dec 2023 and a record low of 40.500 2002=100 in Sep 1978. Canada Consumer Price Index (CPI): Food: PS: OF: OT: Baby Foods data remains active status in CEIC and is reported by Statistics Canada. The data is categorized under Global Database’s Canada – Table CA.I002: Consumer Price Index: 2002=100.

The North American online grocery delivery market is experiencing robust growth, driven by increasing consumer preference for convenience, time-saving solutions, and the expanding reach of e-commerce. The market, segmented into retail delivery, quick commerce, and meal kit delivery, shows a Compound Annual Growth Rate (CAGR) of 10% between 2019 and 2033, indicating a significant expansion opportunity. Key players like Albertsons, Amazon Fresh, Walmart, and Instacart are intensely competing for market share, leading to innovation in delivery models, technological advancements (like improved apps and delivery optimization), and an expansion of product offerings beyond simple grocery staples. This competitive landscape benefits consumers through enhanced choices and competitive pricing. The market's growth is further fueled by the increasing adoption of smartphones and the penetration of high-speed internet access across the region, facilitating seamless online ordering and delivery experiences. While challenges such as high delivery costs and maintaining freshness remain, the overall market outlook remains exceptionally positive. The substantial growth in online grocery delivery is largely attributed to the changing lifestyles of North American consumers, who increasingly prioritize convenience and efficiency. The COVID-19 pandemic accelerated this trend, solidifying the habit of online grocery shopping for many. Looking ahead, the market is poised for further expansion with the continued development of advanced technologies such as automated warehouses and drone delivery, promising faster and more cost-effective solutions. Furthermore, the increasing integration of online and offline retail channels (omnichannel strategies) will be crucial for continued growth, enabling seamless shopping experiences and loyalty programs that bridge the gap between in-store and online purchases. This synergy will likely shape the competitive landscape and further enhance the overall consumer experience in the years to come. The North American market, encompassing the United States, Canada, and Mexico, is expected to remain a key driver of global online grocery delivery growth. Recent developments include: January 2023 - SPAR extended its operations in Latvia by launching a new store in Rzekne. The 265 sq. m neighborhood shop has everything required for everyday living, including a bakery and a fresh meat sales section., September 2022 - Instacart, a significant grocery technology business in North America, announced Connected Stores, a collection of six new Instacart Platform technologies that stack on top of current products, assisting grocers in combining the best of online ordering with in-store shopping for consumers., May 2022 - Instacart, a premier retail enablement business in North America, collaborated with over 10 additional retailers to expand same-day delivery across the country, including food and pharmacy major Metro Inc., discount retailer Giant Tiger, specialty grocer Galleria Supermarket, and others. Following its partnership with Metro, Instacart is working with Canada's top five groceries, including Costco, Loblaws, and Walmart. Instacart offers same-day delivery to over 90% of Canadian households across all ten provinces.. Key drivers for this market are: Subscription Services are Driving Market Growth, Home Delivery is Expected to Drive New Growth Opportunities for the Market. Potential restraints include: Subscription Services are Driving Market Growth, Home Delivery is Expected to Drive New Growth Opportunities for the Market. Notable trends are: Growing Demand for Super Fast Delivery.

The snack food industry has been on a dynamic journey, adapting and evolving to meet the ever-changing demands of consumers. In recent years, the industry has shifted towards healthier options, responding to an increased public focus on wellness. Major players and niche brands alike have stepped into this health-conscious arena, with innovations like low-sugar and organic snacks capturing the limelight. However, this pivot hasn't come without challenges, as snack producers navigate rising input costs and increased competition, both domestically and globally. As a result, revenue has been weakening at a CAGR of 0.5% but is set to reverse course in 2025, climbing 1.5% and reaching $5.2 billion. Domestic brands offset volatile sales at home by expanding export efforts, culminating in export values hiking at a CAGR of 3.9%, reaching $618.5 million in 2025. Brands have successfully seized the demand for organic and non-GMO products worldwide. The industry's alignment with global trends of convenience and healthiness has made an impactful mark, with companies like MadeGood Foods gaining traction in international markets such as the US, Europe and Asia. Trade agreements like CUSMA and CETA have further smoothed the path for these expansions. However, the scene is far from easygoing; imports have eaten up a significant chunk of domestic demand and rising labour and costs have necessitated strategic maneuvers from snack producers to maintain their competitive edge. Snack food production's trajectory over the next five years looks more promising, with several trends set to shape a more beneficial landscape. Economic growth and rising disposable incomes are expected to bolster demand for premium snack options, while sustainability will continue to be a central pillar of brand differentiation. Producers are likely to continue riding the wave of health-oriented snacks, investing in R&D to develop products that align with evolving consumer preferences like plant-based and functional foods. Moreover, the potential of emerging technologies, such as AI and machine learning, stands to revolutionize personalized snack offerings, allowing producers to cater to individual dietary needs. Despite headwinds like potential regulatory changes and input costs, a focus on innovation and international market expansion is poised to fuel its growth and adaptation in the face of uncertainty. Revenue is forecast to climb at a CAGR of 0.9% over the next five years, reaching $5.5 billion in 2030.

Canadian Warehouse Clubs and Supercentres comprise stores that retail discount groceries and other basic goods, like appliances. These stores achieve cost savings by leveraging economies of scale, offering products in bulk or charging membership fees. The industry is less susceptible to economic volatility in response to the low-cost, high-value products offered by warehouse clubs and supercentres. However, businesses and consumers will spend more at these outlets when they have deeper pockets. The pandemic offered an additional opportunity as consumers flocked to warehouse clubs and supercentres, which encountered relatively little disruption because they were considered essential businesses. Revenue is expected to climb at a CAGR of 2.6% to $70.1 billion through the end of 2025, with an expected swell of 2.5% in 2025 alone. Volatile movements in the world price of crude oil have hampered gains despite overall revenue growth. Like Costco, many warehouse clubs and supercentres retail fuel at industry-relevant gas stations. As the price of crude oil grew, warehouse clubs and supercentres were forced to boost gasoline prices, discouraging consumers from driving as much. In addition, the gain in oil prices has hurt profitability, which is heavily affected by transportation costs and inventory costs. Since warehouse clubs and supercentres buy in bulk and source many of their goods from overseas manufacturers, they incur high transportation costs. Warehouse clubs and supercentres will continue expanding as consumer spending and the total population expand, providing additional sales of bulk purchases. However, the increasingly saturated market will promote stiff competition from online retailers. Online competition will pose the greatest threat to the industry as retailers like Amazon expand their consumer bases because of their convenience and ability to offer low prices. Warehouse clubs and supercenters will continue to invest in online shopping initiatives and technology to improve the consumer experience. Overall, revenue for warehouse clubs and supercentres is expected to expand at a CAGR of 2.3% to $79.1 billion through the end of 2030.

Statistics illustrates the import price of Prepared foods obtained by the swelling or roasting of cereals or cereal products (eg corn flakes); cereals, not maize (corn), in grain form or in the form of flakes or other worked grains, from bulgur wheat in Canada from Jan 2019 to Jul 2025 by trade partner.

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Packaged Vegan Foods Market Size 2025-2029

The packaged vegan foods market size is forecast to increase by USD 37.94 billion, at a CAGR of 16.4% between 2024 and 2029.

The market is experiencing significant growth, driven by the increasing adoption of veganism as a lifestyle choice. The health benefits associated with a vegan diet, including improved heart health, weight management, and reduced risk of chronic diseases, are compelling consumers to shift towards plant-based food options (vegan)This trend is particularly prominent among the younger generation, who are more conscious about their health and the environmental impact of their food choices. However, the distribution of packaged vegan foods presents a notable challenge for market participants. Traditional grocery stores and supermarkets may not always carry a wide selection of vegan options, making it difficult for consumers to access these products easily.
Furthermore, the fragmented supply chain and high logistics costs can pose operational challenges for companies looking to expand their reach. To capitalize on the growing demand for vegan foods, market players must focus on building strong relationships with retailers and exploring innovative distribution models, such as e-commerce and direct-to-consumer channels. By addressing these challenges and staying attuned to evolving consumer preferences, companies can effectively capitalize on the opportunities presented by the expanding vegan foods market.

What will be the Size of the Packaged Vegan Foods Market during the forecast period?

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The packaged vegan food market continues to evolve, driven by consumer demand for sustainable and ethical food options. Sustainable sourcing practices are increasingly important, with producers focusing on reducing carbon footprints through efficient energy consumption and waste reduction strategies. Water usage efficiency is another key consideration, as is the use of plant-based protein sources, such as pea protein isolates and soy-based products. Texture modification techniques, including seitan production methods and mushroom protein concentrates, enable the creation of vegan meat alternatives that closely mimic the texture of animal-derived products. Flavor enhancement methods, such as emulsion stabilization and preservation technologies, ensure that these alternatives are both delicious and nutritious.

Microbial contamination prevention and food safety regulations are crucial in maintaining product quality and consumer trust. Packaging materials, such as biodegradable plastics and recycled paper, are being explored to reduce environmental impact. Process optimization techniques, including freeze-drying and ultrasonic processing, are employed to improve production efficiency and shelf-life extension. Supply chain management is a critical aspect of the industry, with producers implementing traceability systems to ensure transparency and accountability. Ingredient cost analysis and allergen control measures are also essential to maintain profitability and cater to diverse consumer needs. The market for dairy-free alternatives, including vegan cheese analogs and oat milk processing, is growing rapidly.

Tofu manufacturing techniques and nutritional labeling requirements continue to evolve, reflecting the dynamic nature of the industry. High-pressure processing and extrusion technologies are just a few of the innovative methods being used to meet consumer demands for convenient, healthy, and sustainable plant-based food options.

How is this Packaged Vegan Foods Industry segmented?

The packaged vegan foods industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Product

  Vegan milk
  Vegan meat
  Others


Source

  Almond
  Soy
  Oats
  Wheat
  Others


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    Sweden
    UK


  APAC

    Australia
    China
    India


  Rest of World (ROW)

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant trends and dynamics as consumers increasingly adopt plant-based diets for health and sustainability reasons. Sustainable sourcing practices are prioritized in the production of seitan and other meat alternatives, ensuring ethical and environmentally friendly methods. Microbial contamination prevention is a key focus to maintain food safety and consumer trust. Soy-based protein products continue to dominate the mar

The statistic shows the average inflation rate in Canada from 1987 to 2024, with projections up until 2030. The inflation rate is calculated using the price increase of a defined product basket. This product basket contains products and services, on which the average consumer spends money throughout the year. They include expenses for groceries, clothes, rent, power, telecommunications, recreational activities and raw materials (e.g. gas, oil), as well as federal fees and taxes. In 2022, the average inflation rate in Canada was approximately 6.8 percent compared to the previous year. For comparison, inflation in India amounted to 5.56 percent that same year. Inflation in Canada In general, the inflation rate in Canada follows a global trend of decreasing inflation rates since 2011, with the lowest slump expected to occur during 2015, but forecasts show an increase over the following few years. Additionally, Canada's inflation rate is in quite good shape compared to the rest of the world. While oil and gas prices have dropped in Canada much like they have around the world, food and housing prices in Canada have been increasing. This has helped to offset some of the impact of dropping oil and gas prices and the effect this has had on Canada´s inflation rate. The annual consumer price index of food and non-alcoholic beverages in Canada has been steadily increasing over the last decade. The same is true for housing and other price indexes for the country. In general there is some confidence that the inflation rate will not stay this low for long, it is expected to return to a comfortable 2 percent by 2017 if estimates are correct.

Volatile crude oil prices and economic uncertainty have defined the performance of Canadian gas stations with convenience stores. Consumer demand declined with a slump in travel caused by the pandemic. Starting in 2021, the recovery of the global economy led to a massive surge in the world price of crude oil. Rising oil prices increased revenue as prices were passed down to consumers. High crude oil prices and improving economic conditions have boosted sales volumes. In 2023, tempering crude oil prices dragged down sales at the pump again, with revenue contracting 1.0%. Revenue for gas stations with convenience stores is expected to drop at a CAGR of 0.3% to $28.3 billion through the end of 2025, including a dip of 0.7% in 2025 alone as the consumer confidence index and the world price of crude oil weaken. The industry has expanded as more gas stations added convenience stores because of the considerably higher profit gained from the sale of merchandise. Still, crude oil prices drive profitability as upstream markets pass down costs to gas stations. The world price of crude oil has fluctuated wildly, first because of the pandemic and, more recently, because of global geopolitical challenges like Russia's invasion of Ukraine. These events have ultimately influenced the global supply of crude oil, causing prices to largely remain elevated. These wild swings have contributed to a slump in profitability for gas stations with convenience stores. The world price of crude oil is expected to expand at a CAGR of 11.7% through the end of 2025. Consumers have already reduced their dependence on fossil fuels by relying on new fuel-efficient vehicles in response to rising environmental concerns. The Canadian government has initiated programs to incentivize hybrid and electric vehicle sales. This threat to the overall viability of the industry will remain strong moving forward. Still, rising incomes drive general economic growth, while consumer spending and trade activity will lift fuel sales. The growing emphasis on convenience store sales will help buoy the industry if volatility in fuel prices continues. Revenue for gas stations with convenience stores is expected to climb at a CAGR of 0.1% to $28.4 billion through the end of 2030.

The organic hemp foods market is experiencing robust growth, driven by increasing consumer awareness of the health benefits of hemp and the rising demand for plant-based and sustainable food products. The market's expansion is fueled by several factors, including the growing popularity of hemp seeds, hemp protein powder, and hemp oil as ingredients in various food and beverage products. Consumers are increasingly seeking out healthier alternatives to traditional food sources, and hemp's nutritional profile – rich in protein, fiber, and essential fatty acids – aligns perfectly with this trend. Furthermore, the expanding legalization and acceptance of hemp cultivation globally are contributing to increased supply and subsequently lower prices, making organic hemp foods more accessible to a wider consumer base. While challenges remain, such as the need for further research into long-term health effects and the potential for inconsistent product quality, the overall market outlook remains positive. The market is segmented by product type (seeds, oil, protein powder, etc.), distribution channel (retail, online, food service), and region, with North America and Europe currently dominating market share. Major players in the industry are continuously investing in research and development, focusing on innovative product formulations and expanding their distribution networks to capture a larger portion of the burgeoning market. Competition is intensifying, with established food companies and smaller niche players vying for market share. This competitive landscape is pushing innovation and encouraging greater product diversification. The projected CAGR (assuming a reasonable estimate of 15%, considering the high growth potential of the market) suggests substantial growth throughout the forecast period (2025-2033). To maintain momentum, companies need to focus on building strong brand recognition, highlighting the unique health benefits of their products, and ensuring consistent quality and supply chain reliability. Addressing consumer concerns regarding potential contaminants and ensuring transparency in sourcing and production methods will be crucial for long-term market success. The increasing focus on sustainability and eco-friendly practices within the food industry is also shaping the organic hemp foods market, prompting companies to adopt more environmentally conscious cultivation and processing methods. This factor will likely continue driving growth, especially amongst environmentally conscious consumers. Future market growth will be significantly influenced by regulatory changes in various countries and advancements in hemp cultivation and processing technologies.

The Canada plant protein market is experiencing robust growth, projected to reach $382.80 million in 2025 and maintain a Compound Annual Growth Rate (CAGR) of 5.73% from 2025 to 2033. This expansion is fueled by several key factors. Increasing consumer awareness of the health benefits associated with plant-based diets, including reduced saturated fat and cholesterol, is a primary driver. Growing demand for sustainable and ethical food sources, coupled with concerns about the environmental impact of animal agriculture, further propels market growth. The rising prevalence of vegetarianism and veganism in Canada also contributes significantly to this trend. Furthermore, innovation in plant protein technology, leading to improved taste, texture, and functionality of plant-based products, is expanding market applications beyond traditional staples like tofu and tempeh, into areas such as meat alternatives, dairy alternatives, and protein supplements. This market segment is attracting substantial investment and fostering competition amongst key players, resulting in a diverse range of products catering to specific dietary needs and preferences. The competitive landscape comprises both established multinational corporations like Cargill Inc., DuPont de Nemours Inc., and Archer Daniels Midland Company, and smaller, specialized companies such as Axiom Foods and Merit Functional Foods. These companies are actively engaged in research and development to enhance the quality and expand the applications of plant proteins. The market segmentation (while not explicitly provided) likely includes various protein sources (soy, pea, canola, etc.), product forms (powder, isolates, concentrates), and applications (food, beverages, supplements). Regional variations in consumption patterns and market penetration within Canada will contribute to nuanced growth patterns across the country. Potential restraints could include fluctuating raw material prices, concerns about potential allergenicity of certain plant proteins, and the need for continued advancements in production technology to improve cost-efficiency and scalability. Key drivers for this market are: Increasing Demand for Plant-Based Food and Beverages, Increasing Application of Plant Proteins in Animal Feed. Potential restraints include: Higher Cost of Production of Plant Proteins. Notable trends are: Increasing Demand for Plant-Based Food and Beverages.

Despite macroeconomic growth in recent years, revenue for Canadian department stores has declined in response to heightened external competition from supercentres and e-commerce sites. Department stores sell a wide range of general merchandise, including apparel, cosmetics, home furnishings, appliances and toys. Supercentres offer similar merchandise, along with groceries. Consumers increasingly opt to shop at supercentres and other mass retailers because of the convenience of a one-stop shop for groceries, clothing and other merchandise. Revenue for department stores is expected to slide at a CAGR of 1.8% to $28.7 billion through the end of 2025, despite a jump of 0.9% in 2025 alone. Traditional brick-and-mortar department stores incur higher operational costs than online stores because they pay for high-traffic retail space and require many workers. Online competitors increasingly undercut department store prices since they save on operational costs. While department stores also have an online presence, the operational costs of these stores are much higher than those of their competitors that don't have physical stores. Still, the name recognition of department stores gives them a competitive advantage. Many consumers are more likely to visit a trusted brand to do their online shopping than a relatively unknown competitor. As department stores have invested in bulking up their online operations, profitability has slumped. Supercentres, including Walmart, have also invested significantly in their e-commerce capabilities, enhancing competition. These retailers operate on a much larger scale than department stores, giving them the resources to invest in the latest technology and offer the lowest prices. The popularity of online shopping has widened the divide between these massive retailers and the rest of the competition. Moving forward, revenue will improve as recent technological investments bear fruit and consumption rates continue to climb. E-commerce will continue to gain popularity as convenience becomes a more important decision factor. Department stores will be better positioned to capitalize on this growth. Also, total retail spending and consumer spending will climb, providing consumers with more discretionary income for compulsory purchases at department stores. Department stores will continue to lower operating costs to better compete with online sellers and mass retailers in the coming years, helping boost profit slightly. Revenue is expected to climb at a CAGR of 0.8% to $29.9 billion through the end of 2030.

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Poke Foods Market Size 2025-2029

The poke foods market size is forecast to increase by USD 5.2 billion, at a CAGR of 9.9% between 2024 and 2029. The market is experiencing significant growth, driven by the increasing health consciousness among consumers and the rising trend of organic seafood.

Major Market Trends & Insights

North America dominated the market and accounted for a 58% share in 2023.
The market is expected to grow significantly in North America region as well over the forecast period.
Based on the Distribution Channel, the offline segment led the market and was valued at USD 5.60 billion of the global revenue in 2023.
Based on the Product, the traditional Poke Bowls segment accounted for the largest market revenue share in 2023.

Market Size & Forecast

Market Opportunities: USD 8.61 Billion
Future Opportunities: USD 5.2 Billion
CAGR (2024-2029): 9.9%
North America: Largest market in 2023

The poke food market continues to evolve, with dynamic market trends shaping its landscape. Digital marketing and social media platforms are increasingly utilized to reach consumers, showcasing vibrant poke bowls and enticing promotions. Sesame oil and rice vinegar infuse dishes with rich flavors, while portion control and brown rice options cater to health-conscious consumers. Restaurants differentiate themselves through unique menu offerings, such as brown rice noodles and customization options. Competitive advantage is gained through exceptional customer service and timely delivery services. Allergen information and calorie counts are essential for transparency, as consumers prioritize food safety and nutritional awareness. Ingredient sourcing and inventory management are crucial for maintaining quality and consistency.

What will be the Size of the Poke Foods Market during the forecast period?

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Marketing strategies emphasize the freshness of ahi tuna and the artistry of poke bowl creation. The franchise model and teriyaki sauce expand the market reach, while consumer preferences for sushi rice, pickled ginger, and seaweed sheets remain strong. The poke food industry continues to unfold, with evolving patterns in pricing strategies, ingredient innovation, and supply chain management. The online segment is the second largest segment of the distribution channel and was valued at USD 2.34 billion in 2023.

Poke, a traditional Hawaiian dish consisting of raw fish, rice, and vegetables, offers a nutritious and flavorful meal option. This health-focused eating trend is a key driver for the market, as consumers seek out convenient and nutritious meal alternatives. However, the market faces challenges due to the escalating prices of tuna, a primary ingredient in poke dishes. Tuna is a staple in poke bowls, and its rising cost poses a significant challenge for both consumers and businesses.

Producers and retailers must navigate this price increase to maintain profitability and continue catering to the growing demand for poke foods. Companies that successfully manage these challenges and offer affordable, high-quality poke options will be well-positioned to capitalize on the market's potential.

How is this Poke Foods Industry segmented?

The poke foods industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Product

  Traditional Poke Bowls
  Sushi Burritos
  Poke Salads


Consumer Type

  Health-Conscious Consumers
  Young Professionals
  Vegan/Vegetarian Consumers


End-Use

  Quick Service Restaurants
  Casual Dining
  Retail


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    Australia
    China
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period. The segment was valued at USD 5.60 billion in 2023. It continued to the largest segment at a CAGR of 7.50%.

In the dynamic food market, poke foods have gained significant traction, with spice blends and sushi rice at their core. Online ordering and delivery services cater to modern consumer preferences, allowing for convenient access to ahi tuna poke bowls. Pricing strategies vary, with some restaurants opting for premium pricing for customizable options, while others focus on affordability. Ingredient sourcing is crucial, with a commitment to food safety and quality control. Restaurant design and digital marketing, including social media, are essential for attrac

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Dried Food Market Size 2025-2029

The dried food market size is forecast to increase by USD 8.11 billion at a CAGR of 6.9% between 2024 and 2029.

The market is experiencing significant growth driven by the increasing health consciousness among consumers and the growing popularity of online shopping. The health benefits associated with dried food products, such as longer shelf life, nutrient retention, and convenience, have made them a preferred choice for consumers seeking to maintain a balanced diet. This trend is particularly prominent in the US, where the demand for organic and natural food products is on the rise. However, the market is not without challenges. The increasing number of product recalls for dried food products due to contamination and quality issues poses a significant threat to market growth. These incidents have led to increased scrutiny from regulatory bodies and heightened consumer awareness, necessitating stricter quality control measures and supply chain transparency. Companies seeking to capitalize on market opportunities and navigate these challenges effectively must prioritize food safety, invest in advanced technology for quality control, and build strong relationships with suppliers and distributors to ensure a reliable and consistent supply chain. By addressing these challenges and leveraging the growing demand for dried food products, companies can seize opportunities in this dynamic and evolving market.

What will be the Size of the Dried Food Market during the forecast period?

Request Free SampleThe market is experiencing significant activity and trends. Shelf space is a crucial factor in this industry, as environmental impact becomes a priority. Air drying and vacuum drying are popular drying technologies used to maintain food quality during the product lifecycle. Emerging markets, particularly in Asia Pacific, are driving growth due to changing consumer preferences and food regulations. Food regulations and ingredient sourcing are essential considerations in the global food trade. Food labeling and ingredient traceability are increasingly important for consumer trust. Processing equipment, such as drum dryers and spray dryers, are key investments for businesses seeking to meet temperature and humidity control requirements. Consumer behavior is influenced by health claims and food standards. Product innovation is a critical driver of market dynamics, with companies investing in thermal processing and food security. The supply chain is undergoing transformation, with a focus on humidity control and temperature regulation to ensure product integrity. Drying technology continues to evolve, with advances in vacuum drying and drum drying offering improved efficiency and quality. The market is expected to grow, with increasing demand for dried foods in various sectors, including snacks, beverages, and pharmaceuticals. Food processing remains a significant industry, with dried foods playing a vital role in its growth.

How is this Dried Food Industry segmented?

The dried food industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. ProductFruitsVegetablesMeatPoultry and seafoodDistribution ChannelSupermarkets and hypermarketsConvenience storesOnlineProduct TypeSpray-driedFreeze-driedVacuum-driedSun-driedOtherSpray-driedFreeze-driedVacuum-driedSun-driedOtherGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth AmericaBrazil

By Product Insights

The fruits segment is estimated to witness significant growth during the forecast period.The food industry is witnessing significant advancements, particularly in the realm of additive manufacturing, as this innovative technology offers numerous benefits for various food applications. Food safety is a paramount concern in this sector, and additive manufacturing enables the production of products with consistent quality and reduced microbial growth. This technology also ensures texture retention and flavor preservation, crucial factors for maintaining product quality. Sustainability is a key trend in the food industry, and additive manufacturing aligns with this trend through the use of sustainable packaging and energy-efficient processes. Health and wellness is another significant trend, and additive manufacturing allows for the creation of nutrient-dense, low-moisture products with extended shelf life. This is particularly beneficial for convenience foods and ready-to-eat meals. Price sensitivity is a common challenge in the food industry, and additive manufacturing offers the potential for bulk buying and cost savings through process optimization. New product development is a continuous process, and additive manufacturing enables the creation of unique, differentiated