Frozen Food Production in Canada
The Frozen Food Production industry in Canada has experienced solid growth over the five years to 2019, as operators have developed a variety of healthier offerings that have helped revamp the industry's image and drive demand for goods. Historically, during times of rising income levels, consumers have diverted demand away from frozen goods in favour of fresh products, which are traditionally considered healthier. However, industry operators have helped ameliorate the effect of this trend by offering increasingly nutritious products. Although the convenience and affordability of frozen food products have long been primary selling points for the industry, mounting competition from fast-casual dining establishments, pizza chains and fast food restaurants has constrained industry revenue in recent years. In an effort to appeal to a wider range of health-conscious customers and offset declining sales, industry enterprises have reformulated their products by reducing fat, sodium and sugar content. The industry is expected to continue growing over the five years to 2024, driven by shifting health trends.
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.
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