Grocery Wholesaling in Canada - Industry Market Research Report

Cherry sweet: Technological developments will likely become increasingly important as competition increases

Grocery Wholesaling industry revenues has grown swiftly in recent years. Higher consumer spending has spurred downstream activity that relies on wholesaling services. Higher food prices have also aided revenue growth. The COVID-19 pandemic contributed to a drop in demand from restaurants, but industry revenue was bolstered by strong growth in spending on groceries. Following these trends, industry revenue is projected to grow at a CAGR of 2.2% to $64.9 billion over the five years to 2023, with expected growth of 3.1% in 2023, as industry profit remains steady. Operators in the Grocery Wholesaling industry in Canada are intermediaries in merchandise distribution and do little to transform products. Wholesalers sell and distribute all general-line grocery products and do not specialize in a specific grocery type, such as fresh produce or poultry. Distributed products usually include dry groceries, perishable food and nonfood products found in grocery stores. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.