Dairy in Canada
Summary
Dairy in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The dairy market consists of retail sales of butter & spreadable fats, cheese, cream, dairy-based & soy-based desserts, drinkable yogurt, milk, soymilk & soy drinks, yogurt and fromage frais & quark. The market is valued according to retail selling price (RSP) and includes any applicable taxes. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 exchange rates.
- The Canadian Dairy market had total revenues of $19,662.4 million in 2023, representing a compound annual growth rate (CAGR) of 5.3% between 2018 and 2023.
- Market consumption volume increased with a CAGR of 0.2% between 2018 and 2023, to reach a total of 5,575.5 million kilograms in 2023.
- The performance of the market is forecast to decelerate, with an anticipated CAGR of 3.3% for the five-year period 2023 - 2028, which is expected to drive the market to a value of $23,082.7 million by the end of 2028.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the dairy market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the dairy market in Canada
- Leading company profiles reveal details of key dairy market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada dairy market with five year forecasts
- What was the size of the Canada dairy market by value in 2023?
- What will be the size of the Canada dairy market in 2028?
- What factors are affecting the strength of competition in the Canada dairy market?
- How has the market performed over the last five years?
- Who are the top competitors in Canada's dairy market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market share
- 1.8. Market rivalry
- 1.9. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 4.3. Market distribution
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Market share
- 7.2. Who are the leading players in the Canadian dairy market?
- 7.3. Which companies have been most successful in increasing their market shares in the last 5 years (2018-2023)?
- 7.4. Which companies’ market shares have suffered over the same period?
- 7.5. What are the most popular brands in the Canadian dairy market?
- 8 Company Profiles
- 8.1. Saputo Inc
- 8.2. Groupe Lactalis SA
- 8.3. Agropur cooperative
- 8.4. Danone SA
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Canada dairy market value: $ million, 2018-23
- Table 2: Canada dairy market volume: million kilograms, 2018-23
- Table 3: Canada dairy market category segmentation: % share, by value, 2018-2023
- Table 4: Canada dairy market category segmentation: $ million, 2018-2023
- Table 5: Canada dairy market geography segmentation: $ million, 2023
- Table 6: Canada dairy market distribution: % share, by value, 2023
- Table 7: Canada dairy market value forecast: $ million, 2023-28
- Table 8: Canada dairy market volume forecast: million kilograms, 2023-28
- Table 9: Canada dairy market share: % share, by value, 2023
- Table 10: Saputo Inc: key facts
- Table 11: Saputo Inc: Annual Financial Ratios
- Table 12: Saputo Inc: Key Employees
- Table 13: Groupe Lactalis SA: key facts
- Table 14: Groupe Lactalis SA: Key Employees
- Table 15: Agropur cooperative: key facts
- Table 16: Agropur cooperative: Key Employees
- Table 17: Danone SA: key facts
- Table 18: Danone SA: Annual Financial Ratios
- Table 19: Danone SA: Key Employees
- Table 20: Danone SA: Key Employees Continued
- Table 21: Canada size of population (million), 2019-23
- Table 22: Canada real gdp (constant 2010 prices, $ billion), 2019-23
- Table 23: Canada gdp (current prices, $ billion), 2019-23
- Table 24: Canada inflation, 2019-23
- Table 25: Canada consumer price index (absolute), 2019-23
- Table 26: Canada exchange rate, 2018-23
- List of Figures
- Figure 1: Canada dairy market value: $ million, 2018-23
- Figure 2: Canada dairy market volume: million kilograms, 2018-23
- Figure 3: Canada dairy market category segmentation: $ million, 2018-2023
- Figure 4: Canada dairy market geography segmentation: % share, by value, 2023
- Figure 5: Canada dairy market distribution: % share, by value, 2023
- Figure 6: Canada dairy market value forecast: $ million, 2023-28
- Figure 7: Canada dairy market volume forecast: million kilograms, 2023-28
- Figure 8: Forces driving competition in the dairy market in Canada, 2023
- Figure 9: Drivers of buyer power in the dairy market in Canada, 2023
- Figure 10: Drivers of supplier power in the dairy market in Canada, 2023
- Figure 11: Factors influencing the likelihood of new entrants in the dairy market in Canada, 2023
- Figure 12: Factors influencing the threat of substitutes in the dairy market in Canada, 2023
- Figure 13: Drivers of degree of rivalry in the dairy market in Canada, 2023
- Figure 14: Canada dairy market share: % share, by value, 2023
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