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Supermarkets & Grocery Stores in Canada: Market Research Report

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

Supermarkets & Grocery Stores in Canada Market Research Report | NAICS 44511CA | May 2016

Price check: Industry revenue will continue to rebound as disposable incomes improve

IBISWorld’s Supermarkets & Grocery Stores market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$85bn
Annual Growth 11-16
1.3%
Annual Growth 16-21
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Profit
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Employment
407,827
Businesses
3,462
Industry Analysis & Industry Trends

The Supermarkets and Grocery Stores industry has stagnated over the past five years. Suppressed disposable income levels during the first half of the five-year period caused consumers to seek deals and promotions, which placed downward pressure on industry revenue growth. Moreover, increased competition from alternative retailers lowered the volume sales of certain goods, and further pressured industry operators to lower their product prices. As disposable income levels continue to improve in the upcoming years, the industry is anticipated to grow. Despite the growing popularity of generic products and competition from alternative retailers, more consumers will trade up to branded goods and organic products... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

In the 10 years to 2021, industry value added (IVA), which measures an industry's contribution to the economy, for the Supermarkets and Grocery Stores industry is expected to increase at an average annual rate of 1.0%. Comparatively, the Canadian GDP is forecast to grow 1.9% per year on average during the same period. While an underperforming IVA is indicative of a declining industry, this industry is characterized as mature for several reasons including the inelastic nature of grocery products, market saturation and a steady adoption of new technology.

Despite the inelastic nature of grocery items, demand for grocery products has been suppressed due to intensifying competition from alternative retailers... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Supermarkets & Grocery Stores Industry?

The Supermarket and Grocery Stores industry comprises the largest food retail channel in Canada. These establishments retail general lines of food products, including fresh and prepared meats, poultry and seafood, canned and frozen foods, fresh fruits and vegetables and various dairy products. This industry excludes convenience stores, warehouse clubs and supercentres.

Industry Products
Bakery productsCereal grains and cereal productsFruit, fruit preparations and nutsVegetables and vegetable preparationsDairy, egg, fish and meat productsOther foods and nonalcoholic beveragesOther nonfood items
 
Industry Activities
Retailing a general line of foodRetailing health and beauty productsRetailing alcoholic and nonalcoholic beverages


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