Canada Functional Food Market Size
According to Straits Research analysis, the Canada Functional Food Market was valued at USD 7221.03 Million in 2024 and is projected to reach USD 10088.2 Million by 2031, expanding at a CAGR of 4.9% during the forecast period. This significant demand is propelled primarily by the healthcare and wellness industries where functional foods are used to manage health and reduce disease risk. Additionally, advancements in food technology, sustainable farming and production practices, and increasing agritourism are replacing traditional farming systems and accelerating market growth. Furthermore, there is potential for export growth as Canada navigates international trade relations and new market opportunities. With its commitment to green policies, technology-driven farming practices, and focus on high-quality production, Canada is well-positioned to sustain its competitiveness and capitalize on the growing functional food market segment.
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Functional Food Market Highlights
- By 2024, Powder represented the largest share of the Types market size.
- Liquid is expected to remain the key growth driver within Types, registering the fastest CAGR during the forecast period.
- Canada contributed 2.13% to the global functional food market size in 2024.
- By 2031, United States is forecasted to remain the largest global market for functional food market.
- In North America, United States is projected to capture the leading share of market by 2031.
- Among North America markets, Canada is expected to post the fastest growth, reaching USD 24106 Million by 2031.
- 📊 Preview Report Scope and Structure – Gain immediate visibility into key topics, market segments, and data frameworks covered.
- 📥 Evaluate Strategic Insights – Access selected charts, statistics, and analyst-driven commentary derived from the final report deliverables.
Report Summary
| Report Scope |
Details |
| Base Year for Study |
2024 |
| Study Period |
2021-2031 |
| Historical Period |
2021-2023 |
| Forecast Period |
2025-2031 |
| Market Size In 2024 |
USD 7221.03 Million |
| Market Size In 2031 |
USD 10088.2 Million |
| Largest segment |
Powder |
| Fastest segment |
Liquid |
| Units |
Revenue in USD Million |
| CAGR |
4.9% (2025-2031) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
Canada Functional Food Market Share By Types
Segmentation Covered
| Segments |
Sub Segments |
| Types |
- Capsule & Tablet
- Powder
- Liquid
- Others
|
| By Product |
- Bakery & Cereals
- Dairy Products
- Meat
- Fish & Eggs
- Soy Products
- Fats & Oils
- Others
|
| By Applications |
- Sports Nutrition
- Weight Management
- Immunity
- Digestive Health
- Clinical Nutrition
- Cardio Health
- Others
|
Canada Functional Food Market By Types 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Functional Food Market By By Product 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.
Canada Functional Food Market By By Applications 2031
Source: Straits Research Analysis Company Publications, Primary Interviews.