Navigation Links
Sprouting Up: Vegetable Farming in Canada Industry Market Research Report Now Available from IBISWorld
Date:6/11/2013

Los Angeles, CA (PRWEB) June 11, 2013

The Vegetable Farming industry has experienced steady growth over the five years to 2013, mainly due to the fact that vegetables are a staple in the Canadian diet. Health benefits of vegetable consumption continue to make headlines in media, further boosted by expanding per capita disposable income and demand from food-service industries. Furthermore, according to IBISWorld industry analyst Agiimaa Kruchkin, “total health expenditure in Canada has been on a rise, fuelling industry revenue.” As such, industry revenue has increased at an estimated annualized rate of 2.7% to total $3.5 billion over the five years to 2013, including an anticipated 3.9% jump in 2013 alone. This growth has taken place despite falling per capita vegetable consumption in Canada since 2009 because consumers have begun switching from processed vegetable products back to fresh veggies, which dictate a price premium.

Over the past five years, imports have continued to satisfy a significant share of domestic demand for fresh produce, growing at an average rate of 1.8% per year to $2.3 billion in 2013. “Imported vegetables are usually priced lower than domestically grown ones, which makes them attractive to downstream supermarkets and food-service companies,” Kruchkin says. “Over the five years through 2018, expansion in fresh vegetable imports is projected to continue.”

Despite the recent challenges, Canadians' appetite for vegetable products is here to stay. Vegetable consumption has plenty of room to grow to meet domestic dietary standards. IBISWorld expects the joint efforts of Vegetable Farming industry associations and the Canadian government to facilitate industry recovery by promoting healthy eating habits through marketing vegetable consumption.

As consolidation carries on, economies of scale will be an increasingly important factor for farmers remaining in the industry. Downstream wholesale bypass will also put an expanding pressure on the farming sector as supermarkets continue to source directly from producers. Farmers who cannot meet the high-quality standards for fresh produce at shrinking prices will be squeezed out of vegetable farming. Consequently, the total number of industry establishments is expected to fall over the next five years. For more information, visit IBISWorld’s Vegetable Farming in Canada industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry Report Key Topics

This industry comprises establishments primarily engaged in growing vegetables and melons. Establishments primarily engaged in producing vegetable and melon seeds and vegetable and melon bedding plants are also included in this industry.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US and Canadian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Read the full story at http://www.prweb.com/releases/2013/6/prweb10820567.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related medicine news :

1. Flax Seasoning Shows How Eating More Vegetables Will Improve Health
2. Doctors Health Press Reports on Study: Apples, Pears, Leafy Green Vegetables Lower Risk of Stroke
3. Scott Tischler Conscience unveils the 5 healthiest vegetables just in time for beach season
4. Re-Analysis Refutes Diet Guidelines Favoring Vegetable Fats
5. Nutrients in Fruits, Vegetables May Help Prevent Breast Cancer: Study
6. Colorful Fruits, Vegetables May Be Key to Cancer-Fighting Diet
7. Attractive names sustain increased vegetable intake in schools
8. Eating Vegetables May Protect Pancreas, Study Suggests
9. Exercise and a healthy diet of fruits and vegetables extends life expectancy in women in their 70s
10. Poultry Farming Industry in China Industry Research Report – Now Available from IBISWorld
11. Farmington, MI Dentist, Dr. Roman Shlafer Brings The New FDA Cleared Laser Dental Surgery To His Local Gum Disease Patients
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... ... Quality metrics are proliferating in cancer care, and are derived from many ... the beholder, according to experts who offered insights and commentary in the current issue ... the full issue, click here . , For the American Society of Clinical ...
(Date:6/26/2016)... ... , ... PawPaws brand pet supplements owned by Whole Health Supply ... health of felines. The formula is all-natural and is made from Chinese herbs that ... Cat Kidney Support Supplement Soft Chews are Astragalus Root Extract and Rehmannia Root ...
(Date:6/25/2016)... ... June 25, 2016 , ... Experts from the American ... Annual Research Meeting June 26-28, 2016, at the Hynes Convention Center in Boston. ... including advance care planning, healthcare costs and patient and family engagement. , AIR ...
(Date:6/25/2016)... ... June 25, 2016 , ... "With 30 hand-drawn hand ... project," said Christina Austin - CEO of Pixel Film Studios. , ProHand Cartoon’s ... within Final Cut Pro X . Simply select a ProHand generator and drag ...
(Date:6/25/2016)... ... June 25, 2016 , ... Dr. Calvin ... injury. Recently, he has implemented orthobiologic procedures as a method for treating his ... of the first doctors to perform the treatment. Orthobiologics are substances that orthopaedic ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... 2016 According to a new ... Pen Needles, Safety Pen Needles), Needle Length (4mm, 5mm, ... Mode of Purchase (Retail, Non-Retail) - Trends & Global ... the market for the forecast period of 2016 to ... Billion by 2021 from USD 1.65 Billion in 2016, ...
(Date:6/24/2016)... Tenn. , June 24, 2016  Arkis ... providing less invasive and more durable cerebrospinal fluid ... in funding.  The Series-A funding is led by ... Lighthouse Fund, and other private investors.  Arkis, new ... neurosurgical instrumentation and the market release of its ...
(Date:6/23/2016)... -- Any dentist who has made an implant supported denture ... of them do not even offer this as a viable ... costs involved. And those who ARE able to offer that ... cost that the majority of today,s patients would not be ... , founder of Dental Evolutions Inc. and inventor of Implanova ...
Breaking Medicine Technology: