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Nutraceuticals Market in Canada 2024-2028

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    Report

  • 133 Pages
  • August 2024
  • Region: Canada
  • TechNavio
  • ID: 5710113
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The nutraceuticals market in Canada is forecasted to grow by USD 7.9 million during 2023-2028, accelerating at a CAGR of 6.06% during the forecast period. The report on the nutraceuticals market in Canada provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising popularity of functional foods, rising healthcare costs and need for preventive healthcare, and increasing awareness of nutraceutical products.

The nutraceuticals market in Canada is segmented as below:

By Distribution Channel

  • Pharmacies
  • Online retail stores
  • Specialty stores
  • Supermarkets or hypermarkets

By Product

  • Functional food
  • Dietary supplements
  • Functional beverages

By Geographical Landscape

  • North America
This study identifies the rising health consciousness among consumers as one of the prime reasons driving the nutraceuticals market in Canada growth during the next few years. Also, online product penetration and plant-based ingredients gaining traction will lead to sizable demand in the market.

The report on the nutraceuticals market in Canada covers the following areas:

  • Nutraceuticals market in Canada sizing
  • Nutraceuticals market in Canada forecast
  • Nutraceuticals market in Canada industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading nutraceuticals market in Canada vendors that include Advanced Orthomolecular Research Inc., Amway Corp., Archer Daniels Midland Co., Arkopharma Laboratories, Bactolac Pharmaceutical Inc., Cargill Inc., Danone SA, DuPont de Nemours Inc., EID Parry India Ltd., General Mills Inc., Innophos Holdings Inc., Koninklijke DSM NV, Matsun Nutrition Inc., Mead Johnson and Co. LLC, Natrol LLC, Nestle SA, The Hain Celestial Group Inc., Valensa International, and W. R. Grace and Co. Also, the nutraceuticals market in Canada analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Distribution Channel
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada: Year-over-year growth 2023-2028 (%)
Data Table on Canada: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Nutraceuticals Market in Canada 2018 - 2022
Historic Market Size - Data Table on Nutraceuticals Market in Canada 2018 - 2022 ($ million)
4.2 Distribution Channel segment analysis 2018 - 2022
Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
4.3 Product segment analysis 2018 - 2022
Historic Market Size - Product Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Distribution Channel
6.1 Market segments
Chart on Distribution Channel - Market share 2023-2028 (%)
Data Table on Distribution Channel - Market share 2023-2028 (%)
6.2 Comparison by Distribution Channel
Chart on Comparison by Distribution Channel
Data Table on Comparison by Distribution Channel
6.3 Pharmacies - Market size and forecast 2023-2028
Chart on Pharmacies - Market size and forecast 2023-2028 ($ million)
Data Table on Pharmacies - Market size and forecast 2023-2028 ($ million)
Chart on Pharmacies - Year-over-year growth 2023-2028 (%)
Data Table on Pharmacies - Year-over-year growth 2023-2028 (%)
6.4 Online retail stores - Market size and forecast 2023-2028
Chart on Online retail stores - Market size and forecast 2023-2028 ($ million)
Data Table on Online retail stores - Market size and forecast 2023-2028 ($ million)
Chart on Online retail stores - Year-over-year growth 2023-2028 (%)
Data Table on Online retail stores - Year-over-year growth 2023-2028 (%)
6.5 Specialty stores - Market size and forecast 2023-2028
Chart on Specialty stores - Market size and forecast 2023-2028 ($ million)
Data Table on Specialty stores - Market size and forecast 2023-2028 ($ million)
Chart on Specialty stores - Year-over-year growth 2023-2028 (%)
Data Table on Specialty stores - Year-over-year growth 2023-2028 (%)
6.6 Supermarkets or hypermarkets - Market size and forecast 2023-2028
Chart on Supermarkets or hypermarkets - Market size and forecast 2023-2028 ($ million)
Data Table on Supermarkets or hypermarkets - Market size and forecast 2023-2028 ($ million)
Chart on Supermarkets or hypermarkets - Year-over-year growth 2023-2028 (%)
Data Table on Supermarkets or hypermarkets - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Distribution Channel
Market opportunity by Distribution Channel ($ million)
Data Table on Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by Product
7.1 Market segments
Chart on Product - Market share 2023-2028 (%)
Data Table on Product - Market share 2023-2028 (%)
7.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
7.3 Functional food - Market size and forecast 2023-2028
Chart on Functional food - Market size and forecast 2023-2028 ($ million)
Data Table on Functional food - Market size and forecast 2023-2028 ($ million)
Chart on Functional food - Year-over-year growth 2023-2028 (%)
Data Table on Functional food - Year-over-year growth 2023-2028 (%)
7.4 Dietary supplements - Market size and forecast 2023-2028
Chart on Dietary supplements - Market size and forecast 2023-2028 ($ million)
Data Table on Dietary supplements - Market size and forecast 2023-2028 ($ million)
Chart on Dietary supplements - Year-over-year growth 2023-2028 (%)
Data Table on Dietary supplements - Year-over-year growth 2023-2028 (%)
7.5 Functional beverages - Market size and forecast 2023-2028
Chart on Functional beverages - Market size and forecast 2023-2028 ($ million)
Data Table on Functional beverages - Market size and forecast 2023-2028 ($ million)
Chart on Functional beverages - Year-over-year growth 2023-2028 (%)
Data Table on Functional beverages - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 Advanced Orthomolecular Research Inc.
Advanced Orthomolecular Research Inc. - Overview
Advanced Orthomolecular Research Inc. - Product/Service
Advanced Orthomolecular Research Inc. - Key offerings
11.4 Amway Corp.
Amway Corp. - Overview
Amway Corp. - Product/Service
Amway Corp. - Key news
Amway Corp. - Key offerings
11.5 Archer Daniels Midland Co.
Archer Daniels Midland Co. - Overview
Archer Daniels Midland Co. - Business segments
Archer Daniels Midland Co. - Key news
Archer Daniels Midland Co. - Key offerings
Archer Daniels Midland Co. - Segment focus
11.6 Arkopharma Laboratories
Arkopharma Laboratories - Overview
Arkopharma Laboratories - Product/Service
Arkopharma Laboratories - Key offerings
11.7 Bactolac Pharmaceutical Inc.
Bactolac Pharmaceutical Inc. - Overview
Bactolac Pharmaceutical Inc. - Product/Service
Bactolac Pharmaceutical Inc. - Key offerings
11.8 Cargill Inc.
Cargill Inc. - Overview
Cargill Inc. - Product/Service
Cargill Inc. - Key news
Cargill Inc. - Key offerings
11.9 Danone SA
Danone SA - Overview
Danone SA - Business segments
Danone SA - Key news
Danone SA - Key offerings
Danone SA - Segment focus
11.10 DuPont de Nemours Inc.
DuPont de Nemours Inc. - Overview
DuPont de Nemours Inc. - Business segments
DuPont de Nemours Inc. - Key news
DuPont de Nemours Inc. - Key offerings
DuPont de Nemours Inc. - Segment focus
11.11 EID Parry India Ltd.
EID Parry India Ltd. - Overview
EID Parry India Ltd. - Business segments
EID Parry India Ltd. - Key offerings
EID Parry India Ltd. - Segment focus
11.12 General Mills Inc.
General Mills Inc. - Overview
General Mills Inc. - Business segments
General Mills Inc. - Key news
General Mills Inc. - Key offerings
General Mills Inc. - Segment focus
11.13 Innophos Holdings Inc.
Innophos Holdings Inc. - Overview
Innophos Holdings Inc. - Product/Service
Innophos Holdings Inc. - Key offerings
11.14 Koninklijke DSM NV
Koninklijke DSM NV - Overview
Koninklijke DSM NV - Business segments
Koninklijke DSM NV - Key news
Koninklijke DSM NV - Key offerings
Koninklijke DSM NV - Segment focus
11.15 Mead Johnson and Co. LLC
Mead Johnson and Co. LLC - Overview
Mead Johnson and Co. LLC - Product/Service
Mead Johnson and Co. LLC - Key offerings
11.16 Nestle SA
Nestle SA - Overview
Nestle SA - Business segments
Nestle SA - Key news
Nestle SA - Key offerings
Nestle SA - Segment focus
11.17 W. R. Grace and Co.
W. R. Grace and Co. - Overview
W. R. Grace and Co. - Product/Service
W. R. Grace and Co. - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibits 5: Executive Summary - Chart on Market Segmentation by Product
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Chart on Canada: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on Canada: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Nutraceuticals Market in Canada 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibits 28: Data Table on Distribution Channel - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by Distribution Channel
Exhibits 30: Data Table on Comparison by Distribution Channel
Exhibits 31: Chart on Pharmacies - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Pharmacies - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Pharmacies - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Pharmacies - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Online retail stores - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Online retail stores - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Online retail stores - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Online retail stores - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Specialty stores - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Specialty stores - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Specialty stores - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Specialty stores - Year-over-year growth 2023-2028 (%)
Exhibits 43: Chart on Supermarkets or hypermarkets - Market size and forecast 2023-2028 ($ million)
Exhibits 44: Data Table on Supermarkets or hypermarkets - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Chart on Supermarkets or hypermarkets - Year-over-year growth 2023-2028 (%)
Exhibits 46: Data Table on Supermarkets or hypermarkets - Year-over-year growth 2023-2028 (%)
Exhibits 47: Market opportunity by Distribution Channel ($ million)
Exhibits 48: Data Table on Market opportunity by Distribution Channel ($ million)
Exhibits 49: Chart on Product - Market share 2023-2028 (%)
Exhibits 50: Data Table on Product - Market share 2023-2028 (%)
Exhibits 51: Chart on Comparison by Product
Exhibits 52: Data Table on Comparison by Product
Exhibits 53: Chart on Functional food - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Functional food - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Functional food - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Functional food - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on Dietary supplements - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on Dietary supplements - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on Dietary supplements - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on Dietary supplements - Year-over-year growth 2023-2028 (%)
Exhibits 61: Chart on Functional beverages - Market size and forecast 2023-2028 ($ million)
Exhibits 62: Data Table on Functional beverages - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Chart on Functional beverages - Year-over-year growth 2023-2028 (%)
Exhibits 64: Data Table on Functional beverages - Year-over-year growth 2023-2028 (%)
Exhibits 65: Market opportunity by Product ($ million)
Exhibits 66: Data Table on Market opportunity by Product ($ million)
Exhibits 67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 68: Impact of drivers and challenges in 2023 and 2028
Exhibits 69: Overview on criticality of inputs and factors of differentiation
Exhibits 70: Overview on factors of disruption
Exhibits 71: Impact of key risks on business
Exhibits 72: Companies covered
Exhibits 73: Matrix on companies position and classification
Exhibits 74: Advanced Orthomolecular Research Inc. - Overview
Exhibits 75: Advanced Orthomolecular Research Inc. - Product/Service
Exhibits 76: Advanced Orthomolecular Research Inc. - Key offerings
Exhibits 77: Amway Corp. - Overview
Exhibits 78: Amway Corp. - Product/Service
Exhibits 79: Amway Corp. - Key news
Exhibits 80: Amway Corp. - Key offerings
Exhibits 81: Archer Daniels Midland Co. - Overview
Exhibits 82: Archer Daniels Midland Co. - Business segments
Exhibits 83: Archer Daniels Midland Co. - Key news
Exhibits 84: Archer Daniels Midland Co. - Key offerings
Exhibits 85: Archer Daniels Midland Co. - Segment focus
Exhibits 86: Arkopharma Laboratories - Overview
Exhibits 87: Arkopharma Laboratories - Product/Service
Exhibits 88: Arkopharma Laboratories - Key offerings
Exhibits 89: Bactolac Pharmaceutical Inc. - Overview
Exhibits 90: Bactolac Pharmaceutical Inc. - Product/Service
Exhibits 91: Bactolac Pharmaceutical Inc. - Key offerings
Exhibits 92: Cargill Inc. - Overview
Exhibits 93: Cargill Inc. - Product/Service
Exhibits 94: Cargill Inc. - Key news
Exhibits 95: Cargill Inc. - Key offerings
Exhibits 96: Danone SA - Overview
Exhibits 97: Danone SA - Business segments
Exhibits 98: Danone SA - Key news
Exhibits 99: Danone SA - Key offerings
Exhibits 100: Danone SA - Segment focus
Exhibits 101: DuPont de Nemours Inc. - Overview
Exhibits 102: DuPont de Nemours Inc. - Business segments
Exhibits 103: DuPont de Nemours Inc. - Key news
Exhibits 104: DuPont de Nemours Inc. - Key offerings
Exhibits 105: DuPont de Nemours Inc. - Segment focus
Exhibits 106: EID Parry India Ltd. - Overview
Exhibits 107: EID Parry India Ltd. - Business segments
Exhibits 108: EID Parry India Ltd. - Key offerings
Exhibits 109: EID Parry India Ltd. - Segment focus
Exhibits 110: General Mills Inc. - Overview
Exhibits 111: General Mills Inc. - Business segments
Exhibits 112: General Mills Inc. - Key news
Exhibits 113: General Mills Inc. - Key offerings
Exhibits 114: General Mills Inc. - Segment focus
Exhibits 115: Innophos Holdings Inc. - Overview
Exhibits 116: Innophos Holdings Inc. - Product/Service
Exhibits 117: Innophos Holdings Inc. - Key offerings
Exhibits 118: Koninklijke DSM NV - Overview
Exhibits 119: Koninklijke DSM NV - Business segments
Exhibits 120: Koninklijke DSM NV - Key news
Exhibits 121: Koninklijke DSM NV - Key offerings
Exhibits 122: Koninklijke DSM NV - Segment focus
Exhibits 123: Mead Johnson and Co. LLC - Overview
Exhibits 124: Mead Johnson and Co. LLC - Product/Service
Exhibits 125: Mead Johnson and Co. LLC - Key offerings
Exhibits 126: Nestle SA - Overview
Exhibits 127: Nestle SA - Business segments
Exhibits 128: Nestle SA - Key news
Exhibits 129: Nestle SA - Key offerings
Exhibits 130: Nestle SA - Segment focus
Exhibits 131: W. R. Grace and Co. - Overview
Exhibits 132: W. R. Grace and Co. - Product/Service
Exhibits 133: W. R. Grace and Co. - Key offerings
Exhibits 134: Inclusions checklist
Exhibits 135: Exclusions checklist
Exhibits 136: Currency conversion rates for US$
Exhibits 137: Research methodology
Exhibits 138: Information sources
Exhibits 139: Data validation
Exhibits 140: Validation techniques employed for market sizing
Exhibits 141: Data synthesis
Exhibits 142: 360 degree market analysis
Exhibits 143: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global nutraceuticals market in canada: Advanced Orthomolecular Research Inc., Amway Corp., Archer Daniels Midland Co., Arkopharma Laboratories, Bactolac Pharmaceutical Inc., Cargill Inc., Danone SA, DuPont de Nemours Inc., EID Parry India Ltd., General Mills Inc., Innophos Holdings Inc., Koninklijke DSM NV, Matsun Nutrition Inc., Mead Johnson and Co. LLC, Natrol LLC, Nestle SA, The Hain Celestial Group Inc., Valensa International, and W. R. Grace and Co..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rising health consciousness among consumers."

According to the report, one of the major drivers for this market is the rising popularity of functional foods.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Advanced Orthomolecular Research Inc.
  • Amway Corp.
  • Archer Daniels Midland Co.
  • Arkopharma Laboratories
  • Bactolac Pharmaceutical Inc.
  • Cargill Inc.
  • Danone SA
  • DuPont de Nemours Inc.
  • EID Parry India Ltd.
  • General Mills Inc.
  • Innophos Holdings Inc.
  • Koninklijke DSM NV
  • Matsun Nutrition Inc.
  • Mead Johnson and Co. LLC
  • Natrol LLC
  • Nestle SA
  • The Hain Celestial Group Inc.
  • Valensa International
  • W. R. Grace and Co.