Supermarkets & Grocery Stores in Canada
The Supermarkets and Grocery Stores industry in Canada has experienced modest growth over the past five years. During this period, stagnant levels of consumer confidence and limited growth in per capita disposable income encouraged many consumers to purchase groceries from more affordable retailers, such as supercentres and discount stores. Other consumers looked for cost savings at grocery stores, stocking up on promotional items or trading down to private label brands. In addition, in response to increasing purchase costs and intensifying competition from discount retailers, the industry's leading grocery store chains have acquired smaller competitors in recent years to expand their market share and lower operating costs through economies of scale. Over the coming years, the continued strengthening of the Canadian economy will lead to greater levels of per capita disposable income, enabling many consumers to return to grocery stores for their food purchases. Moreover, the growing health-consciousness of Canadian consumers will generate significant demand for a wide variety of niche, high-end food products, including organic, gluten-free and non-GMO foods.
The Supermarkets and Grocery Stores industry comprises the largest food retail channel in Canada. These establishments retail general lines of food products, including fresh and prepared meats, poultry and seafood, canned and frozen foods, fresh fruits and vegetables and various dairy products. This industry excludes convenience stores, warehouse clubs and supercentres.
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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