Canada Meat Substitutes Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics and Forecast, 2021-2026

Canada Meat Substitutes Market Size and Trend Analysis by Categories and Segment, Distribution Channel, Packaging Formats, Market Share, Demographics and Forecast, 2021-2026

Summary

GlobalData’s Country Profile report on the Meat Substitute sector in Canada provides insights on high growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data and companies market shares.

The Canadian meat substitutes sector was led by soy based category in value terms, and is also forecast to be the leading volume category. However, the vegetable/plant based proteins category is forecast to register fastest value and volume growth during 2021-2026. Hypermarkets & supermarkets is the leading channel for distribution in the meat substitutes products in the country. Conagra Brands, Inc., Cultures for Health, and Sunrise Soya Foods are the leading players in the Canadian meat substitutes sector.

Scope

• Per capita consumption and per capita expenditure of meat substitutes was higher in Canada than both the global and regional levels in 2021
• The per capita consumption of soy based meat Substitute was higher than vegetable/plant based proteins, single cell protein (fungi/algae), and grain-based in Canada in 2021
• Hypermarkets & supermarkets is the leading distribution channel in the Canada meat substitutes sector
• The vegetable/plant based proteins category is forecast to register the fastest value growth during 2021-2026

• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
• Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes economic summary of the country along with labor market and demographic trends.