Plant-Based Dairy in Canada

Plant-Based Dairy in Canada


In 2023, the growth trajectory of plant-based dairy exhibits a stabilisation in comparison to 2022, while overall demand remains robust. The appeal of plant-based dairy products remains consistent, fuelled by a confluence of factors, including heightened awareness of health benefits associated with plant-based diets and mounting environmental concerns. This conducive environment has prompted a surge of entrants into the category, originating from both the existing dairy sector and new players, i...

Euromonitor International's Plant-based Dairy in Canada report offers in-depth knowledge of the market at a national level, providing local insight and understanding unavailable elsewhere. In addition to the latest retail sales data 2018-2022, it identifies the leading companies, brands and retail outlets, and assesses the key trends and demographic shifts behind consumer demand and sales growth. How key trends such as health and wellness, sustainability and recovery from the pandemic are shaping the market in <|Year|> directly informs our forecasts to 2027, clearly indicating how the market is expected to change.

Product coverage: Plant-based Cheese, Plant-based Milk, Plant-based Yoghurt.

Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.

Why buy this report?
* Get a detailed picture of the Plant-based Dairy market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop


Plant-Based Dairy in Canada
Euromonitor International
September 2023
List Of Contents And Tables
PLANT-BASED DAIRY IN CANADA
KEY DATA FINDINGS
2023 DEVELOPMENTS
Stabilised growth in plant-based dairy, yet sustained healthy performance
Soy drinks yield market share to alternative options
Manufacturers focus on innovation to capture broader consumer base
PROSPECTS AND OPPORTUNITIES
Slowdown in price rises expected to yield lower yet robust category growth
Emergence of other plant-based milk as strongest performer
Demand for plant-based dairy to drive reversal in foodservice growth
CATEGORY DATA
Table 1 Sales of Plant-Based Dairy by Category: Value 2018-2023
Table 2 Sales of Plant-Based Dairy by Category: % Value Growth 2018-2023
Table 3 Sales of Other Plant-Based Milk by Type: % Value 2020-2023
Table 4 NBO Company Shares of Plant-Based Dairy: % Value 2019-2023
Table 5 LBN Brand Shares of Plant-Based Dairy: % Value 2020-2023
Table 6 Distribution of Plant-Based Dairy by Format: % Value 2018-2023
Table 7 Forecast Sales of Plant-Based Dairy by Category: Value 2023-2028
Table 8 Forecast Sales of Plant-Based Dairy by Category: % Value Growth 2023-2028
DAIRY PRODUCTS AND ALTERNATIVES IN CANADA
EXECUTIVE SUMMARY
Dairy products and alternatives in 2023: The big picture
Key trends in 2023
Competitive Landscape
Channel developments
What next for dairy products and alternatives?
MARKET DATA
Table 9 Sales of Dairy Products and Alternatives by Category: Value 2018-2023
Table 10 Sales of Dairy Products and Alternatives by Category: % Value Growth 2018-2023
Table 11 NBO Company Shares of Dairy Products and Alternatives: % Value 2019-2023
Table 12 LBN Brand Shares of Dairy Products and Alternatives: % Value 2020-2023
Table 13 Penetration of Private Label by Category: % Value 2018-2023
Table 14 Distribution of Dairy Products and Alternatives by Format: % Value 2018-2023
Table 15 Forecast Sales of Dairy Products and Alternatives by Category: Value 2023-2028
Table 16 Forecast Sales of Dairy Products and Alternatives by Category: % Value Growth 2023-2028
DISCLAIMER
SOURCES
Summary 1 Research Sources

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