Grocery Wholesaling in Canada - Market Research Report (2014-2029)
New York, United States
Last Updated: August 2024
NAICS 41311CARevenue
$64.5bn
Past 5-Year Growth
Profit
$XXX.Xm
Employees
35,217
Businesses
2,419
Wages
$X.Xbn
Grocery Wholesaling in Canada industry analysis
In recent years, the grocery wholesaling sector in Canada has experienced a dynamic landscape marked by notable shifts in consumer behavior and market conditions. This industry, essential to the Canadian economy, has maintained steady performance despite challenges such as heightened competition and changing consumer preferences. Wholesalers have navigated these challenges with varying success, underscoring the sector’s resilience and adaptability. Industry-wide revenue has been growing at an average annualized 1.7% over the past five years and is expected to total $64.5 billion in 2024, when revenue will rise by an estimated 1.5%.
Trends and Insights
- Wholesalers are adjusting inventory to meet health trends. They are expanding their stock of organic, vegan, and functional foods to cater to consumers seeking nutritious and transparent product options.
- Restaurants and food service establishments are the industry's largest downstream market. Restaurants often seek out specialty foods or ingredients to serve on their menus, which certain wholesalers stock to retain clients.
- Quebec and Ontario, which account for the most significant shares of the Canadian population, contain most industry establishments. The provinces’ populations and food processing capacity provide ample markets for wholesalers.
- Industry companies compete primarily on price, product diversity and service. The level of competition varies across different regions and product segments, but it's usually highest in densely populated areas.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 1.7 % over the past five years, to reach an estimated $64.5bn in 2024.
Trends and Insights
E-commerce expansion disrupts the market
- The rise of e-commerce has driven a significant shift towards online shopping, compelling wholesalers to rethink their strategies and integrate advanced digital platforms to stay competitive and relevant.
- Additional trends and insights available with purchase
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Higher consumer spending expected to help raise revenue
- A robust economic environment in Canada is essential for the industry's future. It directly impacts the food supply chain and strengthens the financial health of merchandise suppliers, downstream food service providers and retailers.
Biggest companies in the Grocery Wholesaling in Canada
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Gordon Food Service | 10,359.5 | 137.4 | 1.3 | |
Sysco | 5,956.3 | 247.2 | 4.2 | |
Colabor Group Inc. | 645.7 | -75.9 | -11.8 |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Grocery Wholesaling in Canada
Products & Services
Industry revenue is measured across several distinct product and services lines, including Fresh and frozen meats, poultry and seafood, Canned and dry products and Frozen fruits, vegetables and bakery products. Fresh and frozen meats, poultry and seafood is the largest segment of the Grocery Wholesaling in Canada.
Trends and Insights
Fresh and frozen food experience strong growth
- With their preference for a high-protein diet, Canadians are seeing increased demand for meat and seafood driven by growing health consciousness. This trend reflects a consistent per capita meat consumption rate, expected to sustain demand in the meat and seafood segments.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Frozen Food Wholesaling in Canada
- Dairy Wholesaling in Canada
- Fish & Seafood Wholesaling in Canada
- Fruit & Vegetable Wholesaling in Canada
Complementors
- There are no industries to display.
International industries
- Grocery Wholesaling in the US
- Frozen Food Wholesaling in the US
- Egg & Poultry Wholesaling in the US
- Meat, Poultry and Smallgoods Wholesaling in Australia
- General Line Grocery Wholesaling in Australia
Table of Contents
About this industry
Industry definition
Operators in the Grocery Wholesaling industry in Canada are intermediaries in merchandise distribution and do little to transform products. Wholesalers sell and distribute all general-line grocery products and do not specialize in a specific grocery type, such as fresh produce or poultry. Distributed products usually include dry groceries, perishable food and nonfood products found in grocery stores.
What's included in this industry?
Wholesaling dry groceriesWholesaling perishable food productsWholesaling nonfood productsCompanies
Gordon Food ServiceSyscoColabor Group Inc.Purchase this report to view all 4 major companies in this industry.
Related Terms
RADIO-FREQUENCY IDENTIFICATION (RFID)ELECTRONIC DATA INTERCHANGE (EDI)BROADLINEWHOLESALE BYPASSVERTICAL INTEGRATIONIndustry Code
NAICS 413110 - Grocery Wholesaling in Canada
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Wholesalers are adjusting inventory to meet health trends. They are expanding their stock of organic, vegan, and functional foods to cater to consumers seeking nutritious and...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Restaurants and food service establishments are the industry's largest downstream market. Restaurants often seek out specialty foods or ingredients to serve on their menus, w...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Quebec and Ontario, which account for the most significant shares of the Canadian population, contain most industry establishments. The provinces’ populations and food proces...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each province
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each province in 2024
- Number and share of revenue each province accounts for in 2024
- Number and share of wages each province accounts for in 2024
- Number and share of employees in each province in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Industry companies compete primarily on price, product diversity and service. The level of competition varies across different regions and product segments, but it's usually ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Gordon Food Services is the industry's largest wholesaler. As one of the biggest food wholesalers in North America, the company continues to expand in the Canadian market thr...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Gordon Food Service's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Sysco's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Colabor Group Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Gordon Food Service, and factors influencing its performance in the industry
- Description and key data for Sysco, and factors influencing its performance in the industry
- Description and key data for Colabor Group Inc., and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Industry volatility is a function of downstream grocery demand. Downstream markets include supermarkets, restaurants, convenience stores and discount warehouse chains.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The cost structures of individual wholesalers vary depending on various factors. These include a company's size and facilities, distribution capabilities and relationships wi...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Assets (2017-2022)
- Liabilities (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Canada include:
- Statistics Canada
- Industry Canada
- Canadian Business Patterns
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Grocery Wholesaling industry in Canada in 2024?
The market size of the Grocery Wholesaling industry in Canada is $64.5bn in 2024.
How many businesses are there in the Grocery Wholesaling in Canada industry in 2024?
There are 2,419 businesses in the Grocery Wholesaling industry in Canada, which has grown at a CAGR of 0.6 % between 2019 and 2024.
Has the Grocery Wholesaling industry in Canada grown or declined over the past 5 years?
The market size of the Grocery Wholesaling industry in Canada has been growing at a CAGR of 1.7 % between 2019 and 2024.
What is the forecast growth of the Grocery Wholesaling industry in Canada over the next 5 years?
Over the next five years, the Grocery Wholesaling industry in Canada is expected to grow.
What are the biggest companies in the Grocery Wholesaling market in Canada?
The biggest companies operating in the Grocery Wholesaling market in Canada are Gordon Food Service, Sysco and Colabor Group Inc.
What does the Grocery Wholesaling in Canada include?
Wholesaling dry groceries and Wholesaling perishable food products are part of the Grocery Wholesaling industry.
Which companies have the highest market share in the Grocery Wholesaling in Canada?
The company holding the most market share in Canada is Gordon Food Service.
How competitive is the Grocery Wholesaling industry in Canada?
The level of competition is high and increasing in the Grocery Wholesaling industry in Canada.
