The food retail industry comprises food sold at food and beverage retailers such as supermarkets and grocery stores, convenience stores, mass merchandisers and specialty stores. In Canada, retail sales of food and beverage stores amounted to over 118 billion Canadian dollars in 2016, with market value forecast to exceed 117 billion Canadian dollars by 2019.
Of the more than 40 thousand food and beverage stores in Canada, grocery stores made up the majority. Among the leading food retailers, were supermarket chains Costco, Loblaws and Walmart. In contrast, the leading food and beverage companies in Canada included food processors Saputo, Maple Leaf Foods and Weston Foods. Generating more than three billion Canadian dollars in revenue in 2016, Canadian packaged meats company Maple Leaf Foods held a 99 percent share of the lunch kits category that year.
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