Keeping cool: Slowing consumer spending will constrain demand growth from major markets

Over the five years to 2019, the Frozen Food Wholesaling industry in Canada has experienced steady performance. Performance is tied to demand for industry products alongside changes in food prices. Over the past five years, the industry has benefited from increased demand for goods, with an improving economy and rising incomes stimulating increased consumer spending. This has bolstered demand from downstream outlets. The industry is heavily fragmented, as during the reporting period, the number of nonemploying sole proprietors has remained steady. Over the past five years, strong downstream consumer demand has helped lead to increased industry participation...read more.

Industry Statistics & Market Size
Revenue
$46bn
Annual Growth 14-19
2.3%
Forecast Growth 19-24
Profit
Employment
49,169
Businesses
4,379
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry will benefit from a growing economy, although consumer spending is forecast to slow over the next five years
  • The industry is primarily composed of small operators
  • IBISWorld anticipates that oil prices will stabilize somewhat
  • Industry Report - Industry Investment Chapter

    Capital intensity for the Frozen Food Wholesaling industry in Canada is moderate. While companies do require capital investments such as distribution, inventory, transportation and refrigerated storage systems, often these are not massive capital investments. Further, the industry is still relatively labour intensive because most industry operators are small companies that cannot invest in expensive inventory management systems, and as a result, still rely on human labour for most tracking and distribution tasks. Labour costs, including salaries, wages and benefits, are expected to account for 5.8% of industry revenue in 2019. For every $1.00 the industry spends on labour, only an estimated $0.19 is spent on capital investments. Cap...purchase to read more.

    Additional Insights for the Frozen Food Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Frozen Food Wholesaling Industry are

  • Effective quality control
  • Guaranteed supply of key inputs
  • Access to niche markets
  • IBISWorld analysts also discuss how external factors such as Demand from food services and drinking places and Demand from supermarkets and grocery stores in the Frozen Food Wholesaling industry impact industry performance..

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    What's in this report

    What is the Frozen Food Wholesaling Industry?

    The Frozen Food Wholesaling industry in Canada sells an array of frozen and other grocery products. Wholesaling in this industry involves the resale of food products to downstream sectors, including restaurants, food service outlets, grocery stores and other retailers and wholesalers.

    Industry Products
  • Frozen and canned meat and poultry
  • Frozen and canned seafood
  • Frozen baked goods
  • Canned goods
  • Other frozen goods
  • Frozen fruits and vegetables
  • Other nonfrozen goods, including dairy
  • Frozen meals
  • Industry Activities
  • Wholesaling frozen meats, poultry and fish
  • Wholesaling dry and canned goods
  • Wholesaling fresh and frozen baked goods
  • Wholesaling frozen fruits and vegetables
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from food services and drinking places
  • Demand from supermarkets and grocery stores
  • Consumer spending
  • Demand from hotels and motels
  • Per capita meat consumption

  • Current Performance
  • Downstream demand and changing perceptions drive growth
  • Industry structure
  • Costs and profit
  • Chart: Revenue Growth

  • Industry Outlook
  • Downstream demand drives expansion
  • Purchase costs on the rise
  • Table: Frozen Food Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Frozen Food Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Supermarkets & Grocery Stores in Canada
  • Convenience Stores in Canada
  • Specialty Food Stores in Canada
  • Full-Service Restaurants in Canada
  • Food Service Contractors in Canada
  • Fast Food Restaurants in Canada

  • Key Selling Industries
  • Baking Mix & Prepared Food Manufacturing in Canada
  • Bread Production in Canada
  • Canned Fruit & Vegetable Processing in Canada
  • Cereal Production in Canada
  • Cookie, Cracker & Pasta Production in Canada
  • Frozen Food Production in Canada
  • Meat, Beef & Poultry Processing in Canada
  • Seafood Preparation in Canada
  • Seasoning, Sauce and Condiment Production in Canada

  • Products & Services
  • Frozen and canned meat and poultry
  • Frozen and canned seafood
  • Other nonfrozen goods, including dairy
  • Other frozen goods
  • Frozen baked goods
  • Frozen fruits and vegetables
  • Canned goods
  • Frozen meals
  • Chart: Frozen Food Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Restaurants and food service establishments
  • Other wholesale distributors
  • Retailers
  • Other
  • Chart: Major Market Segmentation for the Frozen Food Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingRentUtilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Frozen Food Wholesaling

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Frozen Food Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Frozen Food Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Frozen Food Wholesaling Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • Consumer price index for food (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Electronic Data Interchange (Edi)
  • The transmission of electronic documents between businesses from one computer system to another.
  • Private Label
  • Products sold as the house brand of a particular supermarket or retail chain, rather than the specific manufacturer.
  • Radio Frequency Identification (Rfid)
  • A technology that tracks products from the time they leave the assembly line to the time they leave the store by releasing continuous signals from a chip.
  • Wholesale Bypass
  • A popular trend within retail and manufacturing industries where producers supply goods directly to stores, eliminating the middleman.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Frozen Food Wholesaling market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Frozen Food Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Frozen Food Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Frozen Food Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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