Canada Plant-Based Food Market, By Category (USD Million)

Year CONVENTIONAL ORGANIC
2018 $ 325.3 $ 116.2
2019 $ 364.4 $ 130.4
2020 $ 408.2 $ 146.4
2021 $ 456.8 $ 164.1
2022 $ 511.0 $ 183.9
2023 $ 571.4 $ 206.1
2024 $ 638.5 $ 230.7
2025 $ 713.2 $ 258.2
2026 $ 796.7 $ 289.0
  • To Get Uninterrupted Charts Access Please Subscribe
  • Dedicated Client Service Manager
  • Dedicated Analyst Support
  • View access to 2 million data
Canada Plant-Based Food Market, By Category (USD Million)

Synopsis
The above chart is Canada Plant-Based Food Market, By Category (USD Million)

Market Dynamics

the plant-based food market in canada is experiencing a significant surge in demand as more and more consumers are shifting towards a healthier and more sustainable diet. this shift is driven by a growing awareness of the negative impact of animal-based food products on one's health, the environment, and animal welfare. one of the key categories driving the demand for plant-based food in canada is the dairy alternatives segment. this category includes products such as plant-based milk, yogurt, cheese, and butter. the demand for dairy alternatives has grown significantly in recent years, and this trend is expected to continue as consumers become more health-conscious and look for alternatives to traditional dairy products. with the rise of lactose intolerance and the increasing popularity of veganism, the demand for plant-based dairy alternatives is projected to continue to rise. another category that has seen a rise in demand is plant-based meat alternatives. these products include burgers, sausages, and ground meat made from plant-based ingredients such as soy, pea protein, and mushrooms. factors such as concerns over the environmental impact of meat production, animal welfare, and health benefits have led to a growing demand for plant-based meat alternatives in canada. major brands in the country have also started to offer plant-based versions of their popular meat products to cater to this demand. the demand for plant-based seafood is also on the rise in canada. products such as plant-based fish, shrimp, and crab are gaining popularity among consumers who are looking for sustainable and ethical seafood options. with increasing concerns over overfishing and the depletion of marine resources, plant-based seafood is seen as a more environmentally friendly and sustainable alternative. lastly, the demand for plant-based snacks and ready-to-eat meals has also seen a significant increase. with busy lifestyles and a growing interest in healthy snacking options, consumers are turning to plant-based snacks such as energy bars, chips, and granola bars. these products often have clean and simple ingredients, making them appealing to health-conscious consumers. in conclusion, the demand for plant-based food in canada is being driven by various factors such as health and environmental concerns, ethical considerations, and changing consumer preferences. with the increasing availability and variety of plant-based food products, this trend is expected to continue, making canada a promising market for plant-based food manufacturers.

Further Content:You might find this interesting as well

Industries List

OTHER STATISTICS ON THE TOPIC

No Simillar Charts
SINGLE SEAT SOLUTIONS FOR INDIVIDUALS AND SMALL BUSINESSES
Efficient research: Relevant data available at a click

Starter Account

$49 USD/month

* Billed Annually

  • Download XLS, PNG & PPT
  • View Access to 1 Million Data
  • View Access to Entire Platform

Single User Account

$599 USD/month

* Billed Annually

  • Dedicated Client Service Manager
  • Download XLS, PNG & PPT
  • View access to 2 million data
  • View Access to Entire Platform

Business Account

$899 USD/month

* Billed Annually

  • Dedicated Client Service Manager
  • Dedicated Analyst Support
  • Suggestive request box to accommodate new markets during subscription period
  • Access to the entire data & statistics with download rights for up to 10000 Premium statistics per 12 months without publication rights
  • View Access to Entire Platform
CONTACT

Closebutton

Stay Ahead with Exclusive Data!

Subscribe Now to Access Our Market Research Platform,and Charts
for B2B and B2C Industries. Empower Your Business with Insights