Canada: Food & Grocery - Market Shares, Summary & Forecasts to 2023

Canada: Food & Grocery - Market Shares, Summary & Forecasts to 2023

Summary

“Canada:Food & Grocery - Market Shares Summary Forecasts to 2023” provides data for historic and forecast retail sales, and also includes information on the business environment and country risk related to Canada retail environment. In addition, it analyzes the key consumer trends influencing Canada food & grocery industry

Food & grocery is the largest sector in the Canadian retail industry and is set to grow at a CAGR of 2.9% over the next five years to reach C$192 billion by the end of 2023. Hypermarkets, supermarkets, and hard discounters continue to be the preferred channel for food & grocery purchases, followed by specialist retailers

What else does this report offer?

• In-depth analysis of the latest trends in consumer shopping, covering the factors driving shopping, consumer insights, market dynamics
• The report also details major retailers in food & grocery category group with their product proposition analysis and market positioning in 2017 along with recent key developments
• Market insights based on consumer trends, changing economic and demographic factors, technology innovations, and other macroeconomic factors
• Retail sales and the fastest-growing product categories in food & grocery sector
• Qualitative and quantitative insights of changing retail dynamics in food and grocery sector

Scope

• Food & grocery accounted for 43.1% of total retail spending in 2018
• Convenience is the key factor driving online channel sales
• Grocers investments in digital platforms and services to drive growth
• The top 10 retailers accounted for half of the sector sales in 2018

Reasons to buy

• Gain a comprehensive knowledge on food and grocery sector in the Canada retail market and develop a competitive advantage from the start of your supply chain
• Investigate current and forecast behavior trends in food and grocery category to identify the best opportunities to exploit
• Analysis of key international and domestic players operating in the food and grocery market
• Explore novel opportunities that will allow you to align your product offerings and strategies to meet demand by analyzing the vital economic and population trends, key consumer and technology trends influencing the food and grocery market
• Analyze the recommended actions to align your marketing strategies with the crucial trends influencing consumer behavior
• Analysis of key international and domestic players operating in Canada retail market - including store counts and revenues that give you a competitive edge and identify opportunities to improve your market share