Frozen Food Production in Canada
Frozen food manufacturers have experienced slow growth over the past five years, as increasing levels of disposable income and growing health awareness among Canadians have increasingly diverted demand away from industry products. To counteract these deterrents, frozen food manufacturers have been quick to introduce new products that appeal to health-conscious consumers, thereby offsetting declining sales in more traditional product segments. In the coming years, the industry is expected to continue growing, driven primarily by rising per capita disposable income levels and shifting health trends, both of which will likely increase demand for the industry's higher-margin premium product segments.
Industry establishments produce frozen food products, such as frozen fruits, vegetables and juices; frozen entrees and side dishes (excluding seafood); frozen whipped toppings (excluding dairy); and frozen waffles, pancakes and French toast. These products are subsequently distributed to outlets such as grocery wholesalers, retail food stores and operators in the hospitality industry.
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.