The milk market in Canada is likely to register a CAGR of over 0.7% with an incremental growth of USD 0.1 billion during the forecast period 2024-2029. The Canada milk market is driven by a growing demand for high-quality and sustainably produced dairy products, fueled by an increasing consumer focus on health and environmental concerns. Canadian consumers are increasingly opting for organic, lactose-free, and fortified milk options, reflecting a broader trend towards wellness and dietary preferences. Additionally, the market benefits from Canada’s advanced dairy farming infrastructure and government initiatives that support local production and ensure food safety. The expansion of modern retail channels and e-commerce platforms further enhances market accessibility, allowing consumers to easily access a diverse range of milk products tailored to their needs and preferences.
The report provides a comprehensive analysis of the Canada milk industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product, and distribution channel. The insights gained from this evaluation help reveal the growth potential within the milk sector.
Market Segmentation
The segmentation of the milk market in Canada is outlined below:
Product: cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, powdered milk
Distribution channel: convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, others
The Canada milk market is segmented on the basis of product, and distribution channel. On the basis of product, the milk market in Canada has been segmented into cow’s milk (fresh milk, shelf-stable milk), flavoured milk drinks, goat milk, plant-based milk, and powdered milk. By distribution channel, the milk market in Canada has been segmented into convenience stores, supermarkets and hypermarkets, discounters, warehouse clubs, small grocery stores, foodservice channels, e-commerce, and others.
Competitive Landscape
The Canada milk market is highly competitive. Top players covered in Canada Milk Market Study are The Hershey Company, The Coca-Cola Company, Saputo Inc., Organic Meadow Limited Partnership, Lactalis South Africa (Pty) Ltd., Happy Days Dairies Ltd., General Mills Inc., Agropur Cooperative.
The report offers a comprehensive review of the Canada milk market, focusing on key players’ performance over the 2019-2023 period. The information highlights shifts in market share, identifying both established market leaders and emerging players. By utilizing this data, businesses can enhance their competitive positioning, refining their strategies to better navigate a competitive and evolving market landscape.
Why Buy This Report?
Obtain precise statistical data and forecasts for the Canada milk market.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Canada milk market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Canada milk market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
Table of Contents
TABLE OF CONTENTS
Key findings
Report scope
Research methodology
Market overviewCanada milk market – product analysis
Canada milk market – distribution channel analysis
Key players and market share
– The Hershey Company
– The Coca-Cola Company
– Saputo Inc.
– Organic Meadow Limited Partnership
– Lactalis South Africa (Pty) Ltd.
…
Macroeconomic data and forecast
Disclaimer
FIGURES AND TABLES
Table Canada milk market 2019-2029
Chart Canada milk market, net growth, 2019-2029
Chart Canada milk market, growth rates, 2019-2029
Table Canada milk market by product, 2019-2029
Chart Canada milk market by product, CAGR historic and forecast, 2019-2029
Chart Canada milk market by product, 2019-2029
Table Canada milk market by distribution channel, 2019-2029
Chart Canada milk market by distribution channel, CAGR historic and forecast, 2019-2029
Chart Canada milk market by distribution channel, 2019-2029
Table Canada milk market share (%), by companies, 2019-2023
Chart Canada milk market, by companies, 2023
Table Canada milk market share (%), by brands, 2019-2023
Chart Canada milk market, by brands, 2023
Table Canada – population (millions) and forecast
Table Canada – consumer price index (CPI) and forecast
Table Canada – gross domestic product and forecast
Table Canada milk market: spend as a proportion of GDP (%)
Table Canada milk market: consumption per capita (population)