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.
With the recent increase in the cost of food in Canada, price remained the leading factor in choosing food and beverage products. Consumers in Canada also indicated in a recent survey that it’s important to know where their food comes from, with many making the effort to buy locally grown products. Despite this, only 22 percent of the respondents said they support the development and sale of GM foods in Canada as of March 2016.