Solid Fats (Oils and Fats) Market in Canada – Outlook to 2025; Market Size, Growth and Forecast Analytics
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The solid fats market in Canada was valued at CAD 93.38 million in 2020. The market is projected to grow at a CAGR of more than 3% during the forecast period. Shortening is expected to be the fastest-growing segment of the solid fats market between 2020 and 2025 while the weakest performing segment is forecasted to be compound cooking fats. Within the distribution channels, hypermarkets & supermarkets accounted for a majority share of the market for solid fats. However, others registered the fastest growth during the review period.
The Canada solid fats market research handbook provides up-to-date market size data for the period 2015-2020 and an illustrative forecast to 2025 premised on COVID-19 hit, covering key market aspects like sales value and volume for solid fats and its variants compound cooking fats, ghee, lard, other solid fats & shortening. Furthermore, the research handbook details out sales value and volume for top brands for the year 2017 to 2020 and overall market sales by distribution channel wherever applicable.
Overview of the solid fats market in Canada
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What are the key segments in the Canada solid fats market?
The key segments in the solid fats market in Canada are shortening, lard, compound cooking fats, ghee, and other solid fats. In 2020, the lard segment accounted for a major share of the market followed by compound cooking fats.
Solid fats market in Canada, by segment
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What are the key distribution channels in Canada solid fats market?
The key distribution channels in the solid fats market in Canada are convenience stores, hypermarkets & supermarkets, food & drinks specialists, dollar stores & variety stores, and others. Hypermarkets & supermarkets have the highest market share followed by convenience stores, and food & drinks specialists.
Solid fats market in Canada, by distribution channel
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Which are the key brands in Canada solid fats market?
The key brands in solid fats market in Canada are Tenderflake, Crisco, and others.
Market report scope
Market size (2020) | CAD 93.38 million |
Growth rate (CAGR) | >3% |
Forecast period | 2020-2025 |
Key segments | Shortening, Lard, Compound Cooking Fats, Ghee, and Other Solid Fats |
Key distribution channels | Convenience Stores, Hypermarkets & Supermarkets, Food & Drinks Specialists, Dollar Stores & Variety Stores, and Others |
Key brands | Tenderflake and Crisco |
Scope
- Overall solid fats (oils and fats) market value and volume analytics with growth analysis from 2015 to 2025.
- Value and volume terms for the top brands.
- Distribution channel sales analytics from 2017-2020.
Reasons to Buy
- Get access to authoritative and granular data on the solid fats (oils and fats) market and fill in the gaps in understanding trends and the components of change behind them.
- Enhance your understanding of the market to update your strategic and tactical plans based on volume and value changes, brand dynamics, and distribution trends.
- Analyze the components of change in the market by looking at historic and future growth patterns.
- Use the data to understand future patterns of the market trends from winners and losers to category dynamics and thereby quickly and easily identify the key areas in which you want to compete in the future.
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Frequently asked questions
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What was the Canada solid fats market size in 2020?
The solid fats market size in Canada was valued at CAD 93.38 million in 2020.
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What is the solid fats market growth rate in Canada?
The Canada solid fat market is projected to grow at a CAGR of more than 3% during the forecast period.
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What are the key segments in the Canadian solid fats market?
The key segments in Canada solid fats market are shortening, lard, compound cooking fats, ghee, and other solid fats.
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What are the key distribution channels in the Canadian solid fats market?
The key distribution channels in Canada solid fats market are convenience stores, hypermarkets & supermarkets, food & drinks specialists, dollar stores & variety stores, and others.
-
Which are the key brands in the Canadian solid fats market?
The key solid fat brands in Canada are Tenderflake, Crisco, and others.
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