Processed fruit and vegetables is expected to remain in a slight negative retail volume slump over the forecast period, while value is expected to remain positive, yet low. Overall, processed fruit and vegetables will continue to face competition from fresh produce, the competition of which becomes more pronounced as inflationary pressures ease and fresh produce is more affordable to consumers.
Foodservice is managing to achieve small positive volume gains in processed fruit and vegetables in 2024, and this better performance is expected to continue over the forecast period. In a cross-category trend, the foodservice channel continues to normalise after the atypical crashes and following spikes seen during the era of pandemic restrictions and following reopening of society.
It is possible that processed fruit and vegetables may also face competition from ready meals and meal kits over the forecast period. Such products offer a complete meal, rather than just a single item as part of a meal, and manufacturers in this space are strongly focussed on innovative and affordable products which appeal to their consumer demographic – alongside offering an increasingly widening variety.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax certification is verified (where applicable).
This report comes in PDF with additional info in Excel included.
Understand the latest market trends and future growth opportunities for the Processed Fruit and Vegetables industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Processed Fruit and Vegetables industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Processed Fruit and Vegetables
This is the aggregation of processed shelf stable fruit and vegetables and processed frozen fruit and vegetables.
See All of Our DefinitionsThis report originates from Passport, our Processed Fruit and Vegetables research and analysis database.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!