Canada Foodservice Market- Growth, Trends, and Forecast (2019 - 2024)

Canada foodservice market is segmented by Type into a full-service restaurant, self-service restaurant, fast food, fast food, and quick service restaurant, cafe, and bar, and 100% home delivery restaurant: by Structure into independent consumer foodservice and chained consumer foodservice.

Market Snapshot

CAN1
Study Period:

2016-2024

Base Year:

2018

Fastest Growing Segment:

Quick Service Restaurant

CAGR% (2019 - 2024):

4%

Key Players:

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Market Overview

Canada foodservice market is anticipated to reach USD 85.54 billion by 2024, witnessing a CAGR of 4% during the forecast period (2019 - 2024).

  • Full-service restaurants are growing with the fastest growth rate. Quick-service restaurants or full-service restaurants hold a prominent share in the overall food service business in Canada. The Canadian foodservice business is constantly growing, due to Canada’s economy, which is operating at full capacity. Millennials in the country are reported to add a boost to the Canada foodservice industry.
  • Demographic challenges in the eastern Canadian province, which includes Newfoundland, Nova Scotia, New Brunswick, and  Labrador, is one of the restraining factors in the country.

Scope of the Report

Canada foodservice market offers the food services to the consumers in the full-service restaurant, self-service restaurant, fast food, street stall and kiosk, cafe and bar, and 100% home delivery restaurant. The foodservice industry in Canada is structured as independent consumer foodservice and chained consumer foodservice.

 

By type
Full-service Restaurant
Self-service Restaurant
Fast Food and Quick Service
Cafe and Bar
100% Home Delivery Restaurant
By Structure
Independent Consumer Foodservice
Chained Consumer Foodservice

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Key Market Trends

Socializing and convenience major trend among the consumers.

The dining-out trend in Canada is majorly augmenting the foodservice market in the country. According to the General Social Survey, around 54% of the Canadians eat out once a week or more, due to the convenience and socializing factor. Further, the majority comprised 49% of Canadians eating out for dinner followed by the number of people going out for lunch with a percentage of 33%. While just 10% share was held by breakfast. Moreover, the consumers in the country are increasingly looking for healthy and quality food, which, in turn, are supplementing the market for health-oriented products, such as smoothies and juices.

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To understand key trends, Download Sample Report

Quick Service restaurants are the fastest growing segment.

The price sensitivity among the Canadian population is an important factor driving the market for quick service restaurants, due to menu savings over full-service restaurants. Quick service restaurants, such as Mc Donalds, subway, and others, are majorly enjoyed by the consumers, especially young population. The young population in the country is inclined toward convenience eating through quick service restaurants instead of cooking their meal. Plant-based convenience food, such as pizza, burgers, and burritos, as well as the development of specialty flavors and ethnic influence in dessert category with products, such as Mexican paletas, Taiwanese shaved ice and Japanese-style cheesecake are trending in the Canadian quick service restaurants.

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Competitive Landscape

Canada foodservice industry is highly fragmented due to the substantial number of small, independent single-location restaurants that operate in the market. The major players in the market include McDonald's Corp., Burger King Corporation, Starbucks Corporation., Telepizza, Autogrill SpA, Cremonini SpA, and Sebeto Spa among others. Both, the global, as well as local players, are gaining popularity and continue to expand in the country.

Major Players

  1. Restaurant Brands International Inc.
  2. Starbucks Corporation
  3. McDonald's
  4. OpCapita
  5. FDF Restaurant Brandz

* Complete list of players covered available in the table of contents below

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Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

    1. 2.1 Market Overview

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Value Chain / Supply Chain Analysis

    4. 4.4 Porters 5 Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By type

      1. 5.1.1 Full-service Restaurant

      2. 5.1.2 Self-service Restaurant

      3. 5.1.3 Fast Food and Quick Service

      4. 5.1.4 Cafe and Bar

      5. 5.1.5 100% Home Delivery Restaurant

    2. 5.2 By Structure

      1. 5.2.1 Independent Consumer Foodservice

      2. 5.2.2 Chained Consumer Foodservice

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Mergers and Acquisitions

    3. 6.3 Company Profiles

      1. 6.3.1 Restaurant Brands International Inc.

      2. 6.3.2 Starbucks Corporation

      3. 6.3.3 OpCapita

      4. 6.3.4 FDF Restaurant Brandz

      5. 6.3.5 Telepizza

      6. 6.3.6 Yum! Brands Inc

      7. 6.3.7 Dunkin' Brands

      8. 6.3.8 McDonald's

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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