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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 | Jul 2015

Price check: Industry revenue will slowly rebound as disposable incomes improve

IBISWorld’s Supermarkets & Grocery Stores market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$79bn
Annual Growth 10-15
-0.9%
Annual Growth 15-20
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Profit
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Employment
253,351
Businesses
6,031
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 years to 2015 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 2020, industry value added (IVA), which measures an industry's contribution to the economy, for the Supermarkets and Grocery Stores industry is expected to decrease at an average annual rate of 0.7%. Comparatively, the Canadian GDP is forecast to grow 2.2% 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 a number of reasons including the inelastic nature of grocery products, market saturation and a steady adoption of new technology.

Despite the inelastic nature of grocery items, the 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 non-alcoholic beveragesOther non-food itemsDrugs and health products
 
Industry Activities
Retailing a general line of foodRetailing health and beauty productsRetailing alcoholic and nonalcoholic beverages


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