24/06/2024
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Canada Fruits and Vegetables Market Size, Growth, Trends, Demand, Scope, CAGR Status, Key Players, Challenges and Future Opportunities till 2033: SPER Market Research

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An extensive analysis of the Canadian fruits and vegetable market, including market size and trends, product mix, methods of distribution, and supplier analysis, is provided in this report. The industry that grows, packs, and markets fresh produce is known as the fruits and vegetables market. Numerous tasks are involved, including planting, harvesting, packing, shipping, and selling fresh food. It is crucial to agriculture and makes a substantial economic contribution to many nations.

According to SPER market research, Canada Fruits and Vegetables Market Size- By Product Type, By Application, By Farming Type – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Canada Fruits and Vegetables Market is predicted to reach USD 18.09 billion by 2033 with a CAGR of 3.23%.

There are multiple causes driving the expansion of the fruits and vegetables sector in Canada. The first reason for the rise in demand is the rising knowledge of the health advantages of eating fresh vegetables. Healthier lifestyles, balanced diets, and an increase in fruits and vegetables in meals are among the changes that Canadians are making. It is also evident that consumers value sustainable agricultural methods and support local farmers by favoring organic and locally grown produce. In order to support farmers and encourage innovation in the industry, the government funds programs that support farmers and promote agricultural sustainability, as well as research and development activities. The growth and development of the fruits and vegetable market in Canada is facilitated by these growth drivers taken together.

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The Canadian fruit and vegetable sector is full of prospects due to a multitude of factors… The surge in the foodservice sector, bolstered by governmental policies and global trade prospects, propels the need for fruits and vegetables in Canada. Suppliers and producers might benefit from the foodservice industry, which encompasses eateries and catering services. Agriculture innovation and sustainability are made possible by government financing, research investments, and efforts. In addition to increasing export demand and helping the home market for fruits and vegetables, Canada’s participation in international trade agreements opens doors to markets throughout the world.

Impact of COVID-19 on Canada Fruits and Vegetables Market

On Canada’s fruit and vegetable market, the COVID-19 epidemic had varying effects. People’s attention to nutrition and health led to a rise in the demand for fresh food among consumers. But limitations and diminished transportation capacity led to supply chain disruptions that made harvesting, packing, and distribution difficult and resulted in brief shortages and price swings. Furthermore, a notable change in customer purchasing habits was brought about by the closing of restaurants and other foodservice facilities. Shopping for fruits and vegetables online and at grocery shops for home cooking has increased. Additionally, local food systems and farmer assistance are important, and the pandemic has brought this to attention. Locally grown fruits and vegetables were more appealing to consumers, which raised the demand for produce that comes from nearby farms.

Canada Fruits and Vegetables Market Key Players:

The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Loblaw Companies Limited, Metro Inc., The North West Company Inc., Red Sun Farms, Sobeys Inc., Sunripe Produce Ltd., The Produce People Ltd., Veg-Pak Produce Ltd., VegPro International Inc., Walmart Canada Corp, The Grocery People Ltd., Others.

Canada Fruits and Vegetables Market Segmentation:

By Product Type: Based on the Product Type, Canada Fruits and Vegetables Market is segmented as; Fruits and Vegetables.

By Application: Based on the Application, Canada Fruits and Vegetables Market is segmented as; Commercial and Household.

By Farming Type: Based on the Farming Type, Canada Fruits and Vegetables Market is segmented as; Inorganic and Organic.

By Region: This report also provides the data for key regional segments of Atlantic Canada, British Columbia, Northern Canada, Ontario, Prairies and rest of Canada.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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Canada Fruits and Vegetables Market Share

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