Canada Fruits and Vegetables Market

Canada Fruits and Vegetables Market Overview:

The Canada fruits and vegetables market is projected to exhibit a growth rate (CAGR) of 3.50% during ​2024-2032​. The rising health and wellness trends, extensive demand for organic produce, government support and initiatives, and sustainable farming practices represents some of the key factors driving the growth of the market.

Canada Fruits and Vegetables Market Trends:

Health and Wellness Trends

Key trends that have been influencing the growth of the fruits and vegetables market in Canada include the increased focus on health and wellness among consumers. People have become more aware of the nutritional value like vitamins, minerals, and antioxidants associated with the consumption of fresh fruits and vegetables. This, in turn, has facilitated the demand for fruits and vegetables in Canada to potentially reduce the risks of diseases and improve overall health. This is supported by public health campaigns and educational programs on the importance of healthy eating. There is also an increasing trend in the consumption of organic and locally produced fruits and vegetables due to the health-conscious and environmental-friendly consumer behaviour. Therefore, the fruits and vegetables market in Canada is growing at a rapid pace. The World Health Organization (WHO) has indicated that, in relation to healthier populations, the current trends suggest that the goal of improving the health and well-being of 1 billion more people by 2025 will likely be met. This program is primarily driven by improvements in air quality and increased access to water, sanitation, and hygiene measures.

Government Support and Initiatives

Government support and initiatives are the key factors that contribute to the development of the fruits and vegetables market in Canada. Initiatives that support sustainable agriculture, food security, and local food production have provided a conducive market environment. Farmers are provided with financial incentives, grants and subsidies to produce quality fruits and vegetables. Also, the government’s efforts to reduce carbon footprint and encourage sustainable farming practices are in line with the consumers’ demand for green products. Programs that support research and development in agriculture improve crop production and quality. Also, the farmers’ markets and local food programs enhance the availability of fresh produce and in turn stimulate the consumption and thus the growth of the market. Canada’s federal, provincial, and territorial Ministers of Agriculture met in July 2022 to decide the next five-year funding agreement for agricultural programs across the country. Entitled the Sustainable Canadian Agricultural Partnership, the new agreement advances the vision created at a 2021 meeting in Guelph. The Sustainable Canadian Agricultural Partnership will launch in 2023 and wrap up in 2028, just two years before the key greenhouse gas emissions reduction timeline of 2030. The agreement will play an important role in shaping Canadian agricultural systems over the next five years.

Canada Fruits and Vegetables Market News:

• In April 2024, Oppy, leading grower, marketer and distributor of fresh produce, announced its partnership with DEEP Earth Energy Production Corp. to establish an integrated greenhouse in conjunction with Canada’s pioneering geothermal power facility. This collaboration symbolizes a significant step forward combining sustainable energy and agriculture practices in the country.
• In May 2024, Mucci Farms, an industry-leading grower and marketer of fresh fruits and vegetables, announced its acquisition of Hacienda North Farms, a 159-acre state-of-the-art greenhouse facility located in Coatsworth, Ontario. Mucci Farms is part of the newly launched Cox Farms business setting the global standard in growing fresh produce for a growing population.
   

Canada Fruits and Vegetables Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2024-2032​. Our report has categorized the market based on product and distribution channel.

Product Insights:

• Fresh Fruits and Vegetables
• Dried Fruits and Vegetables
• Frozen Fruits and Vegetables
   

The report has provided a detailed breakup and analysis of the market based on the product. This includes fresh fruits and vegetables, dried fruits and vegetables, and frozen fruits and vegetables.

Distribution Channel Insights:

• Supermarkets and Hypermarkets
• Grocery Stores
• Online
• Others
   

A detailed breakup and analysis of the market based on the distribution channel have also been provided in the report. This includes supermarkets and hypermarkets, grocery stores, online, and others.

Regional Insights:

• Ontario
• Quebec
• Alberta
• British Columbia
• Others
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Ontario, Quebec, Alberta, British Columbia, and Others.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

Canada Fruits and Vegetables Market Report Coverage:

Key Questions Answered in This Report:

• How has the Canada fruits and vegetables market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Canada fruits and vegetables market?
• What is the breakup of the Canada fruits and vegetables market on the basis of product?
• What is the breakup of the Canada fruits and vegetables market on the basis of distribution channel?
• What are the various stages in the value chain of the Canada fruits and vegetables market? 
• What are the key driving factors and challenges in the Canada fruits and vegetables?
• What is the structure of the Canada fruits and vegetables market and who are the key players?
• What is the degree of competition in the Canada fruits and vegetables market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Canada fruits and vegetables market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Canada fruits and vegetables market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Canada fruits and vegetables industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.