Canadians changing food buying habits due to increasing costs

00:02:32
https://www.youtube.com/watch?v=3ZPlfYP6LQY

Summary

TLDRAs food prices continue to rise in Canada, many consumers are changing their grocery shopping habits. A recent survey indicates that 80% of Canadians are altering their household menus, with a significant number opting for vegetarian meals, eating out less, and reducing meat consumption. The rising costs are attributed to inflation and supply chain disruptions, with five companies controlling 90% of food sales in the country. Additionally, a pricing dispute has led to empty shelves in some stores, prompting consumers to switch to cheaper private label brands to save on grocery bills.

Takeaways

  • 📈 80% of Canadians are changing their grocery habits due to rising costs.
  • 🥦 62% are eating out less, and 35% are cutting back on meat.
  • 💰 Planning meals and using online orders can save money.
  • 🏢 Five companies control 90% of food sales in Canada, limiting options.
  • 🚚 Supply chain issues are contributing to higher food prices.
  • 🍟 Frieda Lay halted shipments to Loblaw over a pricing dispute.
  • 🛒 Private label brands are becoming more popular among consumers.
  • 📉 Nearly half of Canadians are switching to cheaper brands.

Timeline

  • 00:00:00 - 00:02:32

    As food prices continue to rise, 80% of Canadians are altering their grocery shopping habits. Many are opting for vegetarian meals to save costs, with 62% eating out less, 21% buying fewer fruits and vegetables, and 35% cutting back on meat. A food policy expert notes that five companies control 90% of Canada's food market, leading to fewer options and higher prices. Supply chain issues are also contributing to rising costs, with delays and increased fuel prices affecting product availability. A notable disruption occurred when Frito-Lay halted shipments to Loblaw stores due to a pricing dispute, resulting in empty chip aisles. Consumers are increasingly turning to private label brands to save money, with nearly half of Canadians switching to cheaper options to manage their grocery expenses.

Mind Map

Video Q&A

  • What percentage of Canadians are changing their grocery shopping habits?

    80% of Canadians are changing their household menus due to rising food costs.

  • What are some ways Canadians are saving on groceries?

    Canadians are eating out less, buying fewer fruits and vegetables, and cutting back on meat.

  • Which food manufacturer halted shipments to a major grocer in Canada?

    Frieda Lay halted shipments to Loblaw stores over a pricing dispute.

  • What is causing the rising food prices in Canada?

    Inflation and supply chain issues are contributing to the rising food prices.

  • What are private label brands?

    Private label brands are store brands that retailers sell, often at lower prices than name brands.

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  • 00:00:01
    as the cost of food continues to rise
  • 00:00:04
    more and more canadians are changing the
  • 00:00:06
    way they shop at the grocery store new
  • 00:00:08
    data from the angus reid institute
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    suggests 80 percent of canadians are
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    changing up their households menu to
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    keep up with rising costs i've actually
  • 00:00:17
    been trying to eat more vegetarian meals
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    because you know chicken and beef have
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    been one of the most
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    highest rising items to pinch pennies 62
  • 00:00:29
    percent of canadians are eating out less
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    21 are buying less fruits and vegetables
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    and 35 say they're cutting back on meat
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    i just started doing a lot more planning
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    ahead of time and then i've been using
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    um you know online order and pickup to
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    just get the ingredients i want and and
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    i've found i've been saving probably you
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    know three to four hundred dollars a
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    month this food distribution and policy
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    expert says five companies sell 90
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    percent of the food we buy in canada
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    meaning fewer options comes with higher
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    prices but inflation isn't the only
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    factor in the rising cost the supply
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    chain is also pushing up prices it's
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    taking longer to get products to market
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    it's costing more
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    fuel time everything and that's going to
  • 00:01:18
    last a while and if you're wondering why
  • 00:01:20
    the chip aisle is looking rather empty
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    at some grocery stores one of canada's
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    biggest food manufacturers has halted
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    shipments to canada's largest grocer
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    over a pricing dispute frida lay the
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    maker of many popular brands such as
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    doritos and lays halted shipments to
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    loblaw stores a freda lay spokesperson
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    confirmed there is a temporary
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    disruption with one customer and says
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    quote to help offset these pressures on
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    our canadian operations we have made
  • 00:01:52
    adjustments to our prices that are
  • 00:01:55
    consistent across the marketplace empty
  • 00:01:57
    shelves don't sell so they'll actually
  • 00:01:59
    just
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    fill it up with other products and and
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    because consumers are trading down these
  • 00:02:05
    days as a result of inflation
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    while private labels are actually
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    becoming more popular the situation is
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    leaving the chip aisle less full than
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    usual or stocked with retailers house
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    brands such as president's choice and no
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    name nearly half of canadians say they
  • 00:02:22
    have already made the switch to cheaper
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    brands to cut down on grocery bills in
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    edmonton laura kraus city news
Tags
  • Canada
  • grocery shopping
  • food prices
  • inflation
  • vegetarian meals
  • private label brands
  • supply chain
  • consumer habits
  • Angus Reid Institute
  • Frieda Lay