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Specialty Food Stores in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Specialty Food Stores in Canada Market Research Report | NAICS 44529CA | Nov 2015

Good eats: Growth in the organic foods market and the immigrant population will boost demand

IBISWorld’s Specialty Food Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 10-15
4.4%
Annual Growth 15-20
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Profit
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Employment
31,976
Businesses
6,478
Industry Analysis & Industry Trends

Over the past five years, the Speciality Food Stores industry has grown steadily as rising disposable incomes and higher consumer spending have driven strong sales across all grocery retail channels. In addition, favorable changes in consumer preferences, such as rapidly growing interest in all-natural or organic foods in place of processed alternatives, have helped boost industry performance. In the coming years, the industry is expected to face greater competitive pressure from natural food stores and regular supermarkets, both of which are increasingly focused on offering the same products sold by industry operators... purchase to read more

Industry Report - Industry Products Chapter

Candy and snacks

Confectioneries and snacks represent the largest line of products sold by specialty food stores, accounting for 28.8% of industry revenue in 2015. Specialty food stores that specialize in confections typically focus on premium candy varieties such as old-fashioned taffy or premium chocolate. Other specialty food stores sell a wide range of non-GMO, organic or otherwise all-natural snacks such as trail mix, snack bars, jerky and gourmet popcorn. This segment has grown steadily over the past five years, as Canadians have chosen to snack more often throughout the day.

Bakery products

Baked goods are estimated to account for 20.2% of industry revenue in 2015... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Specialty Food Stores Industry?

Operators in this industry retail specialized food products, including baked goods, confectionery, nuts, dairy products, coffee, tea and soft drinks. This industry only retails packaged products and excludes establishments that sell products for immediate consumption (e.g. coffee shops). Butcher shops, seafood markets and produce markets are also excluded from this industry, along with producers of chocolate, bread and bakery goods.

Industry Products
Bakery productsDairy productsCandy and snacksCoffee and teaOther foods
 
Industry Activities
Retailing baked goods (not baked on premises)Retailing candyRetailing confectionery productsRetailing dairy productsRetailing gourmet foodsRetailing organic and health foodsRetailing packaged coffee and teaRetailing packaged nutsRetailing soft drinksRetailing spices


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