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Canada Functional Foods and Natural Health Products Market

Canada Functional Foods and Natural Health Products Market: By Product: Bakery and Confectionery, Dairy Products, Fish and Eggs, Canola, Pulses, Hemp, Oats, Barley, Soy Products, Others; By Nutrition Type: Probiotics, Proteins and Amino Acids, Others; By Form; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

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 2023.      

 

Canada Functional Foods and Natural Health Products Market

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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:

 

Canada Functional Foods and Natural Health Products Market

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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.

 

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.

 

Canada Functional Foods and Natural Health Products Market

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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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Nutrition type
  • Form
  • Region
Breakup by Product
  • Bakery and Confectionery
  • Dairy Products
  • Fish and Eggs
  • Canola
  • Pulses 
  • Hemp
  • Oats
  • Barley
  • Soy Products
  • Oils and Fats
  • Others
Breakup by Nutrition Type 
  • Probiotics
  • Proteins and Amino Acids
  • Phytochemical and Plant Extracts
  • Prebiotics
  • Fibers and Specialty Carbohydrates
  • Omega-3 Fatty Acids
  • Others
Breakup by Form
  • Capsules
  • Tablets
  • Soft Gels
  • Others
Breakup by Region
  • British Columbia
  • Alberta
  • The Prairies
  • Central Canada
  • Atlantic Canada
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • General Mills Inc.
  • GFR Pharma Ltd
  • Herbalife International, Inc.
  • Cargill, Incorporated
  • Amway Corp.
  • 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    Opportunities and Challenges in the Market
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 (2018-2023) 
    8.3    Canada Functional Foods and Natural Health Products Market Forecast (2024-2032)
    8.4    Canada Functional Foods and Natural Health Products Market by Product
        8.4.1    Bakery and Confectionery
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Dairy Products
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Fish and Eggs
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Canola
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Pulses 
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Hemp
            8.4.6.1    Historical Trend (2018-2023)
            8.4.6.2    Forecast Trend (2024-2032)
        8.4.7    Oats
            8.4.7.1    Historical Trend (2018-2023)
            8.4.7.2    Forecast Trend (2024-2032)
        8.4.8    Barley
            8.4.8.1    Historical Trend (2018-2023)
            8.4.8.2    Forecast Trend (2024-2032)
        8.4.9    Soy Products
            8.4.9.1    Historical Trend (2018-2023)
            8.4.9.2    Forecast Trend (2024-2032)
        8.4.10    Oils and Fats
            8.4.10.1    Historical Trend (2018-2023)
            8.4.10.2    Forecast Trend (2024-2032)
        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    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Proteins and Amino Acids
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Phytochemical and Plant Extracts
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Prebiotics
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5    Fibers and Specialty Carbohydrates
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Omega-3 Fatty Acids
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
        8.5.7    Others
    8.6    Canada Functional Foods and Natural Health Products Market by Form
        8.6.1    Capsules
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Tablets
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Soft Gels
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Others
    8.7    Canada Functional Foods and Natural Health Products Market by Region
        8.7.1    British Columbia
        8.7.2    Alberta
        8.7.3    The Prairies
        8.7.4    Central Canada
        8.7.5    Atlantic Canada
9    Regional Analysis
    9.1    British Columbia
        9.1.1    Historical Trend (2018-2023)
        9.1.2    Forecast Trend (2024-2032)
    9.2    Alberta
        9.2.1    Historical Trend (2018-2023)
        9.2.2    Forecast Trend (2024-2032)
    9.3    The Prairies
        9.3.1    Historical Trend (2018-2023)
        9.3.2    Forecast Trend (2024-2032)
    9.4    Central Canada
        9.4.1    Historical Trend (2018-2023)
        9.4.2    Forecast Trend (2024-2032)
    9.5    Atlantic Canada
        9.5.1    Historical Trend (2018-2023)
        9.5.2    Forecast Trend (2024-2032)
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    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Canada Functional Foods and Natural Health Products Market: Key Industry Highlights, 2018 and 2032
2.    Canada Functional Foods and Natural Health Products Historical Market: Breakup by Product (USD Million), 2018-2023
3.    Canada Functional Foods and Natural Health Products Market Forecast: Breakup by Product (USD Million), 2024-2032
4.    Canada Functional Foods and Natural Health Products Historical Market: Breakup by Nutrition Type (USD Million), 2018-2023
5.    Canada Functional Foods and Natural Health Products Market Forecast: Breakup by Nutrition Type (USD Million), 2024-2032
6.    Canada Functional Foods and Natural Health Products Historical Market: Breakup by Form (USD Million), 2018-2023
7.    Canada Functional Foods and Natural Health Products Market Forecast: Breakup by Form (USD Million), 2024-2032
8.    Canada Functional Foods and Natural Health Products Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Canada Functional Foods and Natural Health Products Market Forecast: Breakup by Region (USD Million), 2024-2032
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 2023.      

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 2023, 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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