While the near future may not show the same kind of peak that cooking ingredients and meals experienced in 2020 due to home seclusion, certain claims still offer potential, as the health and wellness trend and the greater need for convenience will dictate demand in the coming years. However, with the resumption of foodservice and inflationary pressures hiking up value sales, volumes for cooking ingredients and meals are stagnating and set to decline for many products.
Vegan, vegetarian and plant-based products are likely to gain further popularity in the coming years, as an increasing number of Canadians become interested in both the environment and animal welfare. This should benefit dietary and free from claims in cooking ingredients and meals.
When it comes to absorbing specific nutrients as a way of boosting their metabolism, local consumers will increasingly look beyond over-the-counter vitamins and supplements as part of wider dietary habits. This will lead them to seek out specific functionality from the foods they consume.
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Understand the latest market trends and future growth opportunities for the HW Cooking Ingredients and Meals industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the HW Cooking Ingredients and Meals industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Health and Wellness encompasses a number of key claims made on a food or drink products that suggest a health and/or wellness positioning. It comprises positionings relating to better for you, dietary and free from, fortified/functional, health benefit, natural and organic. This is the aggregation of edible oils, meals and soups, sauces, dips and condiments and sweet spreads For full product category definitions please refer to the definitions section (can be found under the "Help" section on Passport) for the respective system: Cooking Ingredients and Meals, Dairy Products and Alternatives, Snacks, Staple Foods, Hot Drinks, Soft Drinks. Please note that data is not available at this level or other aggregated claim levels.
See All of Our DefinitionsThis report originates from Passport, our HW Cooking Ingredients and Meals research and analysis database.
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