Canada Organic Food Market Summary, Competitive Analysis and Forecast to 2028

Organic Food in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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

– Organic food refers to food products that are grown and produced using methods that avoid the use of synthetic pesticides, chemical fertilizers, genetically modified organisms (GMOs), and artificial additives. Market values considered based on retail selling price (RSP).

– The Canadian organic food market recorded revenues of $7,672.7 million in 2023, representing a compound annual growth rate (CAGR) of 15.4% between 2018 and 2023.

– The bread & grains segment accounted for the market's largest proportion in 2023, with total revenues of $3,138.8 million, equivalent to 40.9% of the market's overall value.

– The growth of the Canadian organic food market is driven by high disposable income and significant consumer spending on premium and higher-quality grocery products According to Statistics Canada, in Q1 2024, consumer spending in Canada reached CAD1,345.3 billion ($996.9 billion), up 0.7% over Q4 2023.

Scope

– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the organic food market in Canada

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the organic food market in Canada

– Leading company profiles reveal details of key organic food market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the Canada organic food market with five year forecasts by both value and volume

Reasons to buy

- What was the size of the Canada organic food market by value in 2023?

- What will be the size of the Canada organic food market in 2028?

- What factors are affecting the strength of competition in the Canada organic food market?

- How has the market performed over the last five years?

- Who are the top competitors in Canada's organic food market?

Companies mentioned

Loblaw Companies Limited

Empire Co Ltd

Metro Inc

Wal-Mart Canada Corp

Table of Contents

Table of Contents

1 Executive Summary

1.1. Market value

1.2. Market value forecast

1.3. Category segmentation

1.4. Geography segmentation

1.5. Market rivalry

1.6. Competitive landscape

2 Market Overview

2.1. Market definition

2.2. Market analysis

3 Market Data

3.1. Market value

4 Market Segmentation

4.1. Category segmentation

4.2. Geography segmentation

5 Market Outlook

5.1. Market value 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. Who are the leading players?

7.2. What strategies do the leading players follow?

7.3. What have been the most recent market developments?

8 Company Profiles

8.1. Loblaw Companies Limited

8.2. Empire Co Ltd

8.3. Metro Inc

8.4. Wal-Mart Canada Corp

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

List of Tables

Table 1: Canada organic food market value: $ million, 2018–23

Table 2: Canada organic food market category segmentation: % share, by value, 2018–23

Table 3: Canada organic food market category segmentation: $ million, 2018-23

Table 4: Canada organic food market geography segmentation: $ million, 2023

Table 5: Canada organic food market value forecast: $ million, 2023–28

Table 6: Loblaw Companies Limited: Key Facts

Table 7: Loblaw Companies Limited: Annual Financial Ratios

Table 8: Loblaw Companies Limited: Key Employees

Table 9: Empire Co Ltd: Key Facts

Table 10: Empire Co Ltd: Annual Financial Ratios

Table 11: Empire Co Ltd: Key Employees

Table 12: Metro Inc: Key Facts

Table 13: Metro Inc: Annual Financial Ratios

Table 14: Metro Inc: Key Employees

Table 15: Wal-Mart Canada Corp: Key Facts

Table 16: Wal-Mart Canada Corp: Key Employees

Table 17: Canada Size of Population (million), 2019–23

Table 18: Canada Real GDP (Constant 2010 Prices, $ Billion), 2019–23

Table 19: Canada GDP (Current Prices, $ Billion), 2019–23

Table 20: Canada Inflation, 2019–23

Table 21: Canada Consumer Price Index (Absolute), 2019–23

Table 22: Canada Exchange Rate, 2018–23

List of Figures

List of Figures

Figure 1: Canada organic food market value: $ million, 2018–23

Figure 2: Canada organic food market category segmentation: $ million, 2018-23

Figure 3: Canada organic food market geography segmentation: % share, by value, 2023

Figure 4: Canada organic food market value forecast: $ million, 2023–28

Figure 5: Forces driving competition in the organic food market in Canada, 2023

Figure 6: Drivers of buyer power in the organic food market in Canada, 2023

Figure 7: Drivers of supplier power in the organic food market in Canada, 2023

Figure 8: Factors influencing the likelihood of new entrants in the organic food market in Canada, 2023

Figure 9: Factors influencing the threat of substitutes in the organic food market in Canada, 2023

Figure 10: Drivers of degree of rivalry in the organic food market in Canada, 2023

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