Reports
Canada Functional Foods and Natural Health Products Market: By Product: Bakery and Confectionery, Dairy Products, Fish and Eggs, Canola, Pulses, Hemp, Oats, Barley, Others; By Nutrition Type; By Form; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Events and Developments
Canada Functional Foods and Natural Health Products Market Outlook
The Canada functional foods and natural health products market stood at a value of USD 28.6 billion in 2022.
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Due to the increasing demand for healthy foods and altering lifestyles of consumers, producers are focused on offering protein and vitamin-rich supplements, which is helping the Canada functional foods and natural health products industry to grow. It is estimated that over 45% of Canadians do not meet the recommended requirement for omega-3 goods, which puts them at risk for heart disease. Also, 43.2% of individuals were estimated to be at an elevated risk of heart diseases, whereas only 1.5% were at low risk.
Properties and Applications
The Canada functional foods and natural health products industry can be divided on the basis of segments like product and form. The industry can be divided based on its product into:
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- Bakery and Confectionery
- Dairy
- Fish and Eggs
- Canola
- Pulses
- Hemp
- Oats
- Barley
- Soy Products
- Oils and Fats
- Other
The industry can be broadly categorised on the basis of its form into capsules, tablets, and soft gels, and others.
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Market Analysis
The Canada functional foods and natural health products industry is being driven by the growing geriatric population, rising investment in the healthcare sector, changing lifestyle, food innovation, improved medical technology, and growing health concern. Rising consumer interest in a healthy diet and wellness benefits has led to a thriving food and beverage industry, and the trend is anticipated to continue over the forecast period. Due to their nutritional content, such as omega-3 fatty acids, proteins, and fibres, functional foods provide outstanding health advantages. The consumer’s approach to functional foods with health and wellness advantages is very positive; thus, aiding the industry further.
Competitive Landscape
The report presents a detailed analysis of the following key players in the Canada functional foods and natural health products industry, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- General Mills [NYSE: GIS]
- GFR Pharma
- Herballife [NYSE: HLF]
- Cargill
- Amway
- Bremner Foods Ltd
- Eurofins Experchem Laboratories
- Aroma Borealis
- Omega Nutrition Canada
- DPA Industries Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Product, Form, Region |
| Breakup by Product | Bakery & Confectionery, Dairy, Fish & Eggs, Canola, Pulses, Hemp, Oats, Barley, Soy Products, Oils & Fats, Other |
| Breakup by Form | Capsules, Tablets, Soft Gels, Others |
| Breakup by Region | British Columbia, Alberta, The Prairies, Central Canada, Atlantic Canada |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | General Mills [GIS (NYSE)], GFR Pharma, Herballife [HLF (NYSE)], Cargill, Amway, Bremner Foods Ltd, Eurofins Experchem Laboratories, Aroma Borealis, Omega Nutrition Canada, DPA Industries Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Canada
7 Industry Opportunities and Challenges
8 Canada Functional Foods and Natural Health Products Market Analysis
8.1 Key Industry Highlights
8.2 Canada Functional Foods and Natural Health Products Historical Market (2018-2022)
8.3 Canada Functional Foods and Natural Health Products Market Forecast (2023-2028)
8.4 Canada Functional Foods and Natural Health Products Market by Product
8.4.1 Bakery and Confectionery
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Dairy Products
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Fish and Eggs
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Canola
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Pulses
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
8.4.6 Hemp
8.4.6.1 Market Share
8.4.6.2 Historical Trend (2018-2022)
8.4.6.3 Forecast Trend (2023-2028)
8.4.7 Oats
8.4.7.1 Market Share
8.4.7.2 Historical Trend (2018-2022)
8.4.7.3 Forecast Trend (2023-2028)
8.4.8 Barley
8.4.8.1 Market Share
8.4.8.2 Historical Trend (2018-2022)
8.4.8.3 Forecast Trend (2023-2028)
8.4.9 Soy Products
8.4.9.1 Market Share
8.4.9.2 Historical Trend (2018-2022)
8.4.9.3 Forecast Trend (2023-2028)
8.4.10 Oils and Fats
8.4.10.1 Market Share
8.4.10.2 Historical Trend (2018-2022)
8.4.10.3 Forecast Trend (2023-2028)
8.4.11 Others
8.5 Canada Functional Foods and Natural Health Products Market by Nutrition Type
8.5.1 Probiotics
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Proteins and Amino Acids
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Phytochemical and Plant Extracts
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Prebiotics
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Fibers and Specialty Carbohydrates
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Omega-3 Fatty Acids
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Others
8.6 Canada Functional Foods and Natural Health Products Market by Form
8.6.1 Capsules
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Tablets
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Soft Gels
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Canada Functional Foods and Natural Health Products Market by Region
8.7.1 Market Share
8.7.1.1 British Columbia
8.7.1.2 Alberta
8.7.1.3 The Prairies
8.7.1.4 Central Canada
8.7.1.5 Atlantic Canada
9 Regional Analysis
9.1 British Columbia
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Alberta
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 The Prairies
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.4 Central Canada
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.5 Atlantic Canada
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 General Mills Inc.
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 GFR Pharma Ltd
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Herbalife International, Inc.
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Cargill, Incorporated
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Amway Corp.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Canada Functional Foods and Natural Health Products Market: Key Industry Highlights, 2018 and 2028
2. Canada Functional Foods and Natural Health Products Historical Market: Breakup by Product (USD Million), 2018-2022
3. Canada Functional Foods and Natural Health Products Market Forecast: Breakup by Product (USD Million), 2023-2028
4. Canada Functional Foods and Natural Health Products Historical Market: Breakup by Nutrition Type (USD Million), 2018-2022
5. Canada Functional Foods and Natural Health Products Market Forecast: Breakup by Nutrition Type (USD Million), 2023-2028
6. Canada Functional Foods and Natural Health Products Historical Market: Breakup by Form (USD Million), 2018-2022
7. Canada Functional Foods and Natural Health Products Market Forecast: Breakup by Form (USD Million), 2023-2028
8. Canada Functional Foods and Natural Health Products Historical Market: Breakup by Region (USD Million), 2018-2022
9. Canada Functional Foods and Natural Health Products Market Forecast: Breakup by Region (USD Million), 2023-2028
10. Canada Functional Foods and Natural Health Products Market Structure
Key Questions Answered in the Report
The Canada functional foods and natural health products market reached a value of USD 28.6 billion in 2022.
The major drivers of the market include the rising investments in the healthcare sector, evolving habits, nutritional creativity, advanced medical technologies, and growing prevalence of health issues.
The growing consumer interest in a balanced diet and in natural health products are key trends influencing the Canada functional foods and natural health products market.
The major regions in the industry are British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada.
The leading products in the market are bakery and confectionery, dairy, fish and eggs, canola, pulses, hemp, oats, barley, soy products, and oil and fats, among others.
The major forms of functional foods and natural health in the market are capsules, tablets, and soft gels, among others.
The key players in the market are General Mills, GFR Pharma, Herballife, Cargill, Amway, Bremner Foods Ltd, Eurofins Experchem Laboratories, Aroma Borealis, Omega Nutrition Canada, and DPA Industries Inc., among others.
Analyst Review
The Canada functional foods and natural health products market attained a value of USD 28.6 billion in 2022, driven by the healthy foods and altering lifestyles of consumers. The rising geriatric community is fuelling the growth of Canada's functional foods and natural health products market.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product, the industry can be segmented into bakery and confectionery, dairy, fish and eggs, canola, pulses, hemp, oats, barley, soy products, and oils and fats, among others. On the basis of form, the industry can be segmented into capsules, tablets, soft gels, and others. The major regional markets for functional foods and natural health products in Canada are British Columbia, Alberta, The Prairies, Central Canada, and Atlantic Canada. The key players in the above market include General Mills, GFR Pharma, Herballife, Cargill, Amway, Bremner Foods Ltd, Eurofins Experchem Laboratories, Aroma Borealis, Omega Nutrition Canada, DPA Industries Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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