The market is dominated by domestic suppliers, as imports account for 10.1% of total market size in 2022. Households drive market demand, with household spending representing 69.7% of total demand in 2022. Canada has the seventh largest market size for dairy products across the top 20 developed countries, with demand reaching USD24.3 billion in 2022. Agropur Co-operative Agro-Alimentaire is the largest company in Canada, generating 40.5% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 78.3% of total production value in 2022. The total number of companies increases in 2022, to 1,432 units. The costs of the industry increase by 4.8% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 7.4% of production value in 2022, the 16th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 2.3% of total production output. With production value of USD14.1 billion, Canada accounts for 8.8% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Dairy Products in Canada: ISIC 152. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Dairy Products in Canada: ISIC 152 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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