Charts & StatsSep 2, 2026

Canada Plant-Based Food Ingredients Market by application

By application, the market is segmented into Plant-Based Milk & Derivatives , Plant-Based Milk, Plant-Based Cheese, Plant-Based Ice Cream, Plant-Based Yogurt, Plant-Based Butter , Others, Bakery & Confectionery, Sweet & Savory Snacks, Meat Substitutes , and RTE & RTC Meals (2016-2028)

Author: Wantstats Research TeamSource: Wantstats Repository

Book Demo Buy Now

Canada Plant-Based Food Ingredients Market by application — full underlying data
Label	Plant-Based Milk & Derivatives	Plant-Based Milk	Plant-Based Cheese	Plant-Based Ice Cream	Plant-Based Yogurt	Plant-Based Butter	Others	Bakery & Confectionery	Sweet & Savory Snacks	Meat Substitutes	RTE & RTC Meals
2016	110.5 USD Mn	63.1 USD Mn	6.8 USD Mn	13.1 USD Mn	9 USD Mn	7.8 USD Mn	61.2 USD Mn	8.7 USD Mn	6.5 USD Mn	41 USD Mn	16.3 USD Mn
2017	121 USD Mn	69.1 USD Mn	7.4 USD Mn	14.4 USD Mn	9.9 USD Mn	8.5 USD Mn	67 USD Mn	9.5 USD Mn	7.2 USD Mn	45 USD Mn	17.9 USD Mn
2018	132.7 USD Mn	75.6 USD Mn	8.1 USD Mn	15.8 USD Mn	10.9 USD Mn	9.3 USD Mn	73.4 USD Mn	10.4 USD Mn	7.9 USD Mn	49.4 USD Mn	19.7 USD Mn
2019	145.4 USD Mn	82.8 USD Mn	8.9 USD Mn	17.4 USD Mn	12 USD Mn	10.1 USD Mn	80.4 USD Mn	11.4 USD Mn	8.6 USD Mn	54.4 USD Mn	21.6 USD Mn
2020	157.5 USD Mn	89.6 USD Mn	9.7 USD Mn	18.9 USD Mn	13 USD Mn	11 USD Mn	87 USD Mn	12.4 USD Mn	9.4 USD Mn	59.1 USD Mn	23.5 USD Mn
2021	172.8 USD Mn	98.2 USD Mn	10.6 USD Mn	20.8 USD Mn	14.4 USD Mn	12 USD Mn	95.4 USD Mn	13.6 USD Mn	10.3 USD Mn	65.1 USD Mn	25.8 USD Mn
2022	189.9 USD Mn	107.8 USD Mn	11.7 USD Mn	22.9 USD Mn	15.8 USD Mn	13.1 USD Mn	104.7 USD Mn	15 USD Mn	11.3 USD Mn	71.8 USD Mn	28.5 USD Mn
2023	208.9 USD Mn	118.5 USD Mn	12.9 USD Mn	25.3 USD Mn	17.5 USD Mn	14.4 USD Mn	115 USD Mn	16.5 USD Mn	12.5 USD Mn	79.3 USD Mn	31.4 USD Mn
2024	230.3 USD Mn	130.5 USD Mn	14.2 USD Mn	28 USD Mn	19.3 USD Mn	15.8 USD Mn	126.7 USD Mn	18.2 USD Mn	13.8 USD Mn	87.8 USD Mn	34.7 USD Mn
2025	254.7 USD Mn	144.2 USD Mn	15.7 USD Mn	31 USD Mn	21.4 USD Mn	17.4 USD Mn	140 USD Mn	20.1 USD Mn	15.3 USD Mn	97.3 USD Mn	38.4 USD Mn
2026	282 USD Mn	159.5 USD Mn	17.4 USD Mn	34.4 USD Mn	23.8 USD Mn	19.3 USD Mn	154.9 USD Mn	22.3 USD Mn	17 USD Mn	108.2 USD Mn	42.6 USD Mn
2027	312.6 USD Mn	176.6 USD Mn	19.4 USD Mn	38.3 USD Mn	26.5 USD Mn	21.3 USD Mn	171.5 USD Mn	24.8 USD Mn	18.8 USD Mn	120.3 USD Mn	47.4 USD Mn
2028	347.2 USD Mn	196 USD Mn	21.5 USD Mn	42.7 USD Mn	29.5 USD Mn	23.6 USD Mn	190.3 USD Mn	27.5 USD Mn	20.9 USD Mn	134.1 USD Mn	52.7 USD Mn

Data Source: Wantstats Repository

Growth Outlook

The Based Food Ingredients Market by application portion of the Canada Plant market is on a steady long-term growth path. Segment value stands at roughly USD 881 Mn in 2026 and is projected to reach USD 1086 Mn by 2028 — a gain of about 23% over the forecast period, translating to a CAGR in the double digits.
The plant-based food ingredients market in Canada has been experiencing a significant demand in recent years. This demand can be attributed to the growing awareness and preference for plant-based diets among consumers.
What the regional split looks like (2026): Plant-Based Milk & Derivatives leads, holding roughly 32% of segment value — the single largest regional share. Plant-Based Milk is the second-largest contributor. Others, Meat Substitutes , RTE & RTC Meals, Plant-Based Ice Cream, Plant-Based Yogurt, Bakery & Confectionery, Plant-Based Butter , Plant-Based Cheese and Sweet & Savory Snacks make up the remainder, in descending order.
By 2028, Plant-Based Milk & Derivatives alone is expected to reach USD 347 Mn, with Plant-Based Milk at USD 196 Mn.

Market Dynamics

The plant-based food ingredients market in Canada has been experiencing a significant demand in recent years. This demand can be attributed to the growing awareness and preference for plant-based diets among consumers. With the rise in health consciousness and concerns about the environmental and ethical impacts of animal-based products, more and more Canadians are turning towards plant-based alternatives. One of the key drivers of demand for plant-based food ingredients in Canada is its diverse application in various food segments. These ingredients are being used in a variety of food products, including dairy alternatives, meat substitutes, plant-based snacks, and bakery products. Plant-based milk, such as almond, soy, and oat milk, has gained immense popularity in Canada as a dairy alternative. It is being used in the production of yogurt, cheese, and ice-cream, catering to the increasing demand for non-dairy options. Another significant application of plant-based food ingredients is in the production of meat substitutes. With the rise in vegan and vegetarian diets, there has been a surge in demand for plant-based protein options. This has led to the development of plant-based meat alternatives, including burgers, sausages, and nuggets, which are made with ingredients like soy, pea protein, and wheat gluten.

These products are not only targeting vegans and vegetarians but also appealing to health-conscious individuals who are looking for healthier and sustainable protein sources. Plant-based food ingredients are also being used in the creation of a variety of snacks, such as energy bars, chips, and crackers. These snacks are marketed as healthier alternatives to traditional snacks made with animal-based ingredients. With the increasing demand for on-the-go and convenient snacking options, plant-based snacks have seen significant growth in popularity. In recent years, there has been a shift in consumer preferences towards healthier and cleaner food options, which has resulted in the growth of the plant-based bakery segment. Plant-based ingredients, such as coconut oil, coconut milk, and almond flour, are being used to make a wide range of baked goods, including cakes, bread, and pastries. These products are not only targeting consumers with dietary restrictions but also appealing to the general population. In conclusion, the demand for plant-based food ingredients in Canada is being driven by their versatile applications in various food segments. As consumers become more health-conscious and environmentally aware, the demand for these ingredients is only expected to grow in the years to come.

Research Methodology

Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2024.

Unlock the Full Data

Get This Chart

Access the complete chart and underlying data to support your research, analysis, and business decisions.

USD49

Buy Now

Related Charts

View All

Pro

Food & BeverageJul 8, 2026

Canada Plant-Based Food Ingredients Market by application

Pro

Food & BeverageJul 8, 2026

Canada Plant-Based Food Ingredients Market by source

Pro

Food & BeverageSep 2, 2026

Canada Plant-Based Food Ingredients Market by type

Similar industry reports

View All

Food & BeveragesJul 31, 2026

Middle East Ovine Market

Food & BeveragesJul 31, 2026

Herbal Tea Bag Market

Food & BeveragesJul 31, 2026

Global Whey Protein Market

Powering the world's best teams.
From next-gen startups to established enterprises.

Get in Touch

Let's work together

support@wantstats.com

Wantstats Research and Media Pvt. Ltd., Office No 104, Pentagon 4, Magarpatta City, Pune - 411028, Maharashtra, India.

See our work in action

Start your data driven journey with us!

Book a Demo Now

What our clients say

Trusted by forward-thinking businesses
for data-driven intelligence

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.

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.

Canada Plant-Based Food Ingredients Market by application

One-time

$49