Fruit & Vegetable Wholesaling in Canada
The Fruit and Vegetable Wholesaling industry in Canada experienced moderate revenue growth over the five years to 2019, primarily as a result of increasing food prices. With increasing fruit and vegetable prices, industry operators are taking in more revenue, but also increasing their absolute purchase costs. Moreover, downstream demand from supermarkets and grocery stores, restaurants, hotels and motels and specialty food stores has increased, driving industry revenue growth. Industry establishments and enterprises have exhibited slight growth during the five-year period despite heightened competition. However, due to the homogenous nature of industry products, it is very difficult for one operator to control a significant share of the market.Though wholesalers have aimed to capture profit from increased food prices, excessive price increases passed on to downstream customers may result in suppressed demand. Over the five years to 2024, IBISWorld forecasts industry revenue to expand. Steady increases in demand from downstream markets will likely aid revenue growth.
The Fruit and Vegetable Wholesaling industry in Canada wholesales a range of fresh fruit and vegetables to supermarkets, delis, restaurants, cafes and institutions such as hospitals and retirement homes. This industry does not include wholesalers of processed fruits and vegetables.
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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