Food & Beverages

Consumer and Market Insights: Dairy and Soy Food in Canada

  • CAN627262
  • 138 Pages
  • July 2016
  • Food & Beverages
Summary
The Canadian Dairy and Soy Food market is forecast to register strong value growth and marginal volume growth during 2015-2020. The Milk category has the highest volume share and is also forecast to register fastest value growth (both off-trade and on-trade) during 2015-2020. Health-conscious Canadian consumers are seeking Dairy and Soy Food products fortified with vitamins, minerals, and beneficial bacterial cultures that contribute to overall wellbeing of an individual. Dairy and Soy Foods containing locally sourced ingredients will become more popular in future as an increasing number of Canadians are opting for products that not only support local farmers but are also fresher than the ones transported across large distances.

Key Findings
-The Dairy and Soy Food market in Canada will register higher growth in value terms during 2015-2020 compared to 2010-2015.

- The Milk category has the highest volume share in the overall Dairy and Soy Food market.

-The Cream category is expected to record maximum gain in market share during 2015-2020.

-The Dairy and Soy Food market accounts for around one-fourth of the overall food retail sales by value in Canada.

-Hypermarkets and Supermarkets is the leading distribution channel in the overall Dairy and Soy Food market.

-Products with locally sourced ingredients will drive demand in the Canadian Dairy and Soy Food market.

-Wellbeing and On-The-Go are the major trends that are driving the Canadian Dairy and Soy Food market.

Synopsis
Canadean's Consumer and Market Insights report on the Dairy and Soy Food market in Canada provides insights on high growth categories to target, trends in the usage of packaging materials, types and closures category level distribution data and brands market shares.

What else is contained?

-Market data: Overall market value and volume data with growth analysis for 2010-2020

-Category coverage: Value and growth analysis for Butter and Spreadable Fats, Cheese, Cream, Dairy-Based and Soy-Based Desserts, Drinkable Yogurt, Fromage Frais and Quark, Milk, Soymilk and Soy Drinks, and Yogurt with inputs on individual segment share within each category and the change in their market share forecast for 2015-2020

-Leading players: Market share of brands and private labels, including private label growth analysis from 2012-2015

-Distribution data: Percentage of sales within each category through distribution channels such as Hypermarkets and Supermarkets, Convenience Stores, Food and Drinks Specialists and others in 2015

-Packaging data: consumption breakdown for packaging materials and containers in each category, in terms of percentage share of number of units sold. Packaging material data for Rigid Plastics, Flexible Packaging, Paper and Board, and others; container data for: Tub, Pouch, Carton, Film and others

-Consumer level trends: Top four consumer trends which influence Dairy and Soy Food products consumption

-Future outlook: Reviews and recommendations on how the market will shape up from 2015-2020

ReasonsToBuy
-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 brand share analysis to plan effective market positioning

-Access the key and most influential consumer trends driving Dairy and Soy Food products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target

-Access to analysis on products launched in the market

-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
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