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Dairy in Canada

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    Report

  • 39 Pages
  • August 2025
  • Region: Canada
  • MarketLine
  • ID: 2113004
Dairy in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Dairy market includes retail sales of milk, cheese, yogurt, dairy-based & soy-based desserts, drinkable yogurt, and others. The scope of others includes butter & spreadable fats, cream, etc. Market is valued according to retail selling price (RSP) and includes any applicable taxes.
  • The Canadian dairy market recorded revenues of $13.68 billion in 2024, representing a compound annual growth rate (CAGR) of 4.4% between 2019-24.
  • Market consumption volume increased with a CAGR of 0.5% between 2019-24, reaching a total of 3.21 billion kilograms in 2024.
  • The revenue of the Canadian dairy market witnessed healthy growth during the review period, primarily driven by an expanding population due to increased immigration. This rising population has led to a higher demand for staple foods, particularly dairy products.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the dairy market in Canada
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the dairy market in Canada
  • Leading company profiles reveal details of key dairy market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Canada dairy market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the Canada dairy market by value in 2024?
  • What will be the size of the Canada dairy market in 2029?
  • What factors are affecting the strength of competition in the Canada dairy market?
  • How has the market performed over the last five years?
  • Who are the top competitors in Canada's dairy market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Category segmentation
1.6. Geography segmentation
1.7. Market share
1.8. Market rivalry
1.9. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
4.3. Market distribution
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Market share
7.2. Who are the leading players in the Canadian dairy market?
7.3. Which companies have been most successful in increasing their market shares during 2019-24?
7.4. Which companies’ market shares have suffered over the same period?
7.5. What are the most popular brands in the Canadian dairy market?
8 Company Profiles
8.1. Saputo Inc
8.2. Groupe Lactalis SA
8.3. Agropur Inc
8.4. Danone SA
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related research
10.4. About the Publisher
List of Tables
Table 1: Canada dairy market value: $ million, 2019-24
Table 2: Canada dairy market volume: million kilograms, 2019-24
Table 3: Canada dairy market category segmentation: % share, by value, 2019-24
Table 4: Canada dairy market category segmentation: $ million, 2019-24
Table 5: Canada dairy market geography segmentation: $ million, 2024
Table 6: Canada dairy market distribution: % share, by value, 2024
Table 7: Canada dairy market value forecast: $ million, 2024-29
Table 8: Canada dairy market volume forecast: million kilograms, 2024-29
Table 9: Canada dairy market share: % share, by value, 2024
Table 10: Saputo Inc: Key Facts
Table 11: Saputo Inc: Annual Financial Ratios
Table 12: Saputo Inc: Key Employees
Table 13: Groupe Lactalis SA: Key Facts
Table 14: Groupe Lactalis SA: Key Employees
Table 15: Agropur Inc: Key Facts
Table 16: Danone SA: Key Facts
Table 17: Danone SA: Annual Financial Ratios
Table 18: Danone SA: Key Employees
Table 19: Canada Size of Population (Million), 2020-24
Table 20: Canada Real GDP (Constant 2010 Prices, $ Billion), 2020-24
Table 21: Canada GDP (Current Prices, $ Billion), 2020-24
Table 22: Canada Inflation, 2020-24
Table 23: Canada Consumer Price Index (Absolute), 2020-24
Table 24: Canada Exchange Rate, 2019-24
List of Figures
Figure 1: Canada dairy market value: $ million, 2019-24
Figure 2: Canada dairy market volume: million kilograms, 2019-24
Figure 3: Canada dairy market category segmentation: $ million, 2019-24
Figure 4: Canada dairy market geography segmentation: % share, by value, 2024
Figure 5: Canada dairy market distribution: % share, by value, 2024
Figure 6: Canada dairy market value forecast: $ million, 2024-29
Figure 7: Canada dairy market volume forecast: million kilograms, 2024-29
Figure 8: Forces driving competition in the dairy market in Canada, 2024
Figure 9: Drivers of buyer power in the dairy market in Canada, 2024
Figure 10: Drivers of supplier power in the dairy market in Canada, 2024
Figure 11: Factors influencing the likelihood of new entrants in the dairy market in Canada, 2024
Figure 12: Factors influencing the threat of substitutes in the dairy market in Canada, 2024
Figure 13: Drivers of degree of rivalry in the dairy market in Canada, 2024
Figure 14: Canada dairy market share: % share, by value, 2024

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Saputo Inc
  • Groupe Lactalis SA
  • Agropur Inc
  • Danone SA