Contacto
Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)
Key regions: Japan, China, Spain, South Korea, United Kingdom
The Fresh Vegetables Market in Canada is witnessing minimal growth, influenced by factors such as changing consumer preferences, seasonal availability, and competitive pricing. Despite these challenges, health-conscious trends and local sourcing continue to support steady demand.
Customer preferences: Consumers in Canada are increasingly prioritizing sustainable and locally sourced fresh vegetables, reflecting a growing awareness of environmental and health issues. This trend is particularly evident among younger demographics who value transparency in food sourcing and are more inclined to support local farmers' markets. Additionally, the rise of plant-based diets and ethnic cuisines is driving demand for diverse vegetable varieties, prompting retailers to expand their offerings. As busy lifestyles dominate, convenience-driven solutions such as pre-packaged fresh vegetables are gaining traction, catering to health-conscious consumers seeking quick meal options.
Trends in the market: In Canada, the Fresh Vegetables Market is experiencing a significant shift towards sustainability and local sourcing, driven by consumers' heightened awareness of environmental and health concerns. This trend is particularly strong among younger generations who prioritize transparency in food origins and actively support local farmers' markets. Additionally, the rise of plant-based diets and the popularity of ethnic cuisines are prompting retailers to diversify their vegetable offerings. As convenience becomes increasingly essential, pre-packaged fresh vegetables are gaining popularity, appealing to health-conscious consumers seeking quick, nutritious meal solutions. This evolving landscape presents opportunities for industry stakeholders, including local farmers and retailers, to adapt their strategies and cater to changing consumer preferences.
Local special circumstances: In Canada, the Fresh Vegetables Market is shaped by a unique blend of geographical diversity, cultural influences, and regulatory frameworks. The country’s vast landscape allows for a variety of growing conditions, enabling the production of diverse vegetables year-round, particularly in regions like Ontario and British Columbia. Culturally, Canada’s multicultural population fosters a demand for a wide array of ethnic vegetables, enhancing market variety. Additionally, stringent regulations on food safety and sustainability practices compel producers to adopt eco-friendly methods, further aligning with consumer preferences for healthy, local options.
Underlying macroeconomic factors: The Fresh Vegetables Market in Canada is significantly influenced by macroeconomic factors such as national economic health, consumer spending patterns, and global supply chain dynamics. A robust Canadian economy, characterized by steady GDP growth and low unemployment, bolsters consumer confidence and spending on fresh produce. Additionally, fluctuations in global commodity prices and trade agreements impact import and export dynamics, shaping market availability and pricing. Fiscal policies promoting sustainable agriculture and local food systems further drive innovation and investment in the sector, aligning with consumer preferences for fresh, healthy, and environmentally friendly options.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.Lu - vi, 9:30 - 17:00 h (CET)
Lu - vi, 9:00 - 18:00 h (EST)
Lu - vi, 9:00 - 17:00 h (SGT)
Lu - vi, 10:00 - 18:00 h (JST)
Lu - vi, 9:30 - 17:00 h (GMT)
Lu - vi, 9:00am-6:00pm (EST)