Canada Prepared Meals Market Size by Categories, Distribution Channel, Market Share and Forecast, 2021-2026
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The prepared meals market in Canada was valued at CAD5.3 billion in 2021. The market is projected to grow at a CAGR of more than 4% during the forecast period.
In 2021, the Canadian prepared meals market was led by the ready meals category in value as well as in volume terms. Furthermore, the ready meals category is forecasted to register the fastest value growth and meal kits the fastest volume growth during 2021-2026. Hypermarkets & supermarkets were the leading channels in the distribution of prepared meals in the country. Nestle S.A., ConAgra Brands Inc, and Bellisio Foods Inc are the top three companies in the Canadian prepared meals market. Moreover, rigid plastics are the most used pack material in the Canadian prepared meals market.
The Canada prepared meals market report provides insights on high-growth markets to target, trends in the usage of packaging materials, types and closures category level distribution data, and companies’ market shares.
Canada prepared meals market overview
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What is the city-level outlook of the Canadian prepared meals market?
The top ten cities in the Canada prepared meals market are Toronto, Montreal, Vancouver, Calgary, Edmonton, Ottawa-Gatineau, Winnipeg, Quebec City, Hamilton, and Kitchener-Cambridge-Waterloo. Toronto emerged as the largest prepared meals market in Canada in 2021, followed by Montreal and Vancouver.
Prepared meals market in Canada, by cities
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What are the key categories in the Canadian prepared meals market?
The key categories in the Canada prepared meals market are meal kits, pizza, and ready meals. Ready meals led the Canadian prepared meals market in 2021 followed by pizza and meal kits.
Meal kits market in Canada
The meal kits category can be further segmented into ambient meal kits, chilled meal kits, and frozen meal kits. The frozen meal kits segment had the highest market share in the meal kits category in 2021.
Pizza market in Canada
The pizza category can be further segmented into chilled pizza and frozen pizza. The frozen pizza segment had the highest market share in the pizza category in 2021.
Ready meals market in Canada
The ready meals category can be further segmented into ambient ready meals, chilled ready meals, dried ready meals, and frozen ready meals. The frozen ready meals segment had the highest market share in the ready meals category in 2021.
Prepared meals market in Canada, by categories
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What are the key distribution channels in the Canadian prepared meals market?
The key distribution channels in the prepared meals market in Canada are convenience stores, hypermarkets & supermarkets, food & drinks specialists, cash & carries & warehouse clubs, dollar stores, and others. Hypermarkets & supermarkets is the leading distribution channel in the Canadian prepared meals market followed by convenience stores and food & drinks specialists.
Prepared meals market in Canada, by distribution channel
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Which are the key companies in the Canadian prepared meals market?
The key companies in the Canada prepared meals market are Nestle S.A., ConAgra Brands Inc, Bellisio Foods Inc, McCain, General Mills Inc, The Kraft Heinz Company, private labels, and others.
Prepared meals market in Canada, by companies
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Market report scope
Market size (Year – 2021) | CAD5.3 billion |
Growth rate (CAGR) | >4% |
Forecast period | 2021-2026 |
Key cities | Toronto, Montreal, Vancouver, Calgary, Edmonton, Ottawa-Gatineau, Winnipeg, Quebec City, Hamilton, and Kitchener-Cambridge-Waterloo |
Key categories | Meal Kits, Pizza, and Ready Meals |
Key distribution channels | Convenience Stores, Hypermarkets & Supermarkets, Food & Drinks Specialists, Cash & Carries & Warehouse Clubs, Dollar Stores, and Others |
Key companies | Nestle S.A., ConAgra Brands Inc, Bellisio Foods Inc, McCain, General Mills Inc, The Kraft Heinz Company, and Private Labels |
Scope
- Per capita and expenditure of prepared meals in Canada was higher than both the regional and global levels in 2021.
- The per capita consumption of ready meals was higher than other prepared meals categories in Canada in 2021
- Hypermarkets & Supermarkets is the leading distribution channel in the Canadian prepared meals sector in 2021
- Nestlé S.A., ConAgra Brands Inc, and Bellisio Foods, Inc are the top three companies in the Canadian prepared meals sector
- Rigid plastics are the most used pack material in the Canadian prepared meals sector, followed by flexible packaging and rigid metal.
Reasons to Buy
- Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
- Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
- Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
- Our team of analysts has placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
- The packaging analysis report helps manufacturers, in identifying the most commonly used packaging materials in the sector
- Analysis on key macro-economic indicators such as real GDP, nominal GDP, consumer price index, household consumption expenditure, population (by age group, gender, rural-urban split, and employed people and unemployment rate. It also includes an economic summary of the country along with the labor market and demographic trends.
Table of Contents
Frequently asked questions
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What was the Canadian prepared meals market size in 2021?
The prepared meals market in Canada was valued at CAD5.3 billion in 2021.
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What is the Canadian prepared meals market growth rate?
The prepared meals market in Canada is projected to grow at a CAGR of more than 4% during the forecast period.
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Which are the key cities in the Canadian prepared meals market?
The top nine cities in the Canada prepared meals market are Toronto, Montreal, Vancouver, Calgary, Edmonton, Ottawa-Gatineau, Winnipeg, Quebec City, Hamilton, and Kitchener-Cambridge-Waterloo.
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What are the key categories in the Canadian prepared meals market?
The key segments in the Canada prepared meals market are meal kits, pizza, and ready meals.
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What are the key distribution channels in the Canadian prepared meals market?
The key distribution channels in the Canada prepared meals market are convenience stores, hypermarkets & supermarkets, food & drinks specialists, cash & carries & warehouse clubs, dollar stores, and others.
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Which are the key companies in the Canadian prepared meals market?
The key companies in the Canada prepared meals market are Nestle S.A., ConAgra Brands Inc, Bellisio Foods Inc, McCain, General Mills Inc, The Kraft Heinz Company, Private Labels, and others.
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