Pro
Food & Beverage
Canada Plant-Based Food Market, By Category
| Label | Store-Based | Non-Store-Based |
|---|---|---|
| 2018 | 340.4 USD Mn | 101.1 USD Mn |
| 2019 | 381.1 USD Mn | 113.6 USD Mn |
| 2020 | 426.7 USD Mn | 127.9 USD Mn |
| 2021 | 477.1 USD Mn | 143.8 USD Mn |
| 2022 | 533.5 USD Mn | 161.4 USD Mn |
| 2023 | 596.3 USD Mn | 181.1 USD Mn |
| 2024 | 665.9 USD Mn | 203.3 USD Mn |
| 2025 | 743.5 USD Mn | 228 USD Mn |
| 2026 | 830 USD Mn | 255.6 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
The plant-based food market in Canada has been experiencing a surge in demand in recent years due to several factors. As consumers become more health-conscious and mindful of their dietary choices, the popularity of plant-based food products has increased significantly. This demand has been further fueled by concerns over the environmental impact of traditional animal-based food production, as well as ethical concerns surrounding animal welfare. As a result, the distribution channels for plant-based food in Canada have seen a noteworthy shift, with various options emerging to cater to the growing demand.
One of the major distribution channels for plant-based food in Canada is the retail sector. Grocery stores and supermarkets have started offering an increasing variety of plant-based food products, making it easier for consumers to access them. Many of these retailers have dedicated sections or entire aisles dedicated to plant-based products, making it more convenient for customers to find and purchase them. This trend has been further accelerated by the COVID-19 pandemic, as people started cooking and eating at home more, leading to increased sales of plant-based food products in retail stores.
Moreover, e-commerce has emerged as a significant distribution channel for plant-based food in Canada. With the rise of online shopping, many companies have started offering their plant-based products through various e-commerce platforms. This has made it easier for consumers to access unique and niche plant-based products that may not be available in traditional retail stores. Additionally, e-commerce platforms also provide a convenient option for consumers to purchase their favorite plant-based products without leaving their homes.
Another distribution channel that has gained popularity in the Canadian plant-based food market is foodservice and food delivery. As more restaurants and cafes incorporate plant-based options into their menus, it has become easier for consumers to enjoy plant-based meals in various dining settings. The availability of plant-based options through popular food delivery apps has also made it easier for customers to access these products, even if they are not readily available in their area.
In conclusion, the demand for plant-based food in Canada has resulted in a shift in the distribution channels for these products. With the rise of online shopping, the growth of retail stores, and the emergence of plant-based options in foodservice, consumers now have various options to access and indulge in their favorite plant-based foods. This diversification of distribution channels is expected to continue and support the growth of the plant-based food market in Canada in the coming years.
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Noah Malgeri
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Michael Robert
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Joseph Aguayo
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Bong Lau
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Peter Groot Koerkamp
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Younghwan Choi
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Mark Irwin
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Rob Kooiker
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
Jason Lee
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Akif Moroglu
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.