Top 15 Biggest Canadian Food Companies in 2025: Market Leaders in Dairy, Meat, and Beyond

Below is a ranked list of the Top 15 Canadian Food Companies 2025, based on market capitalization in 2025. Each entry provides the company’s market cap and 2024 revenue (in both USD and CAD), followed by a concise overview of its background, core products, and recent developments. While many of these firms are known for traditional items like dairy and meat, others have embraced plant-based innovations, wellness supplements, and more, reflecting the dynamic nature of the Canadian food industry 2025.

15. Goodfood Market Corp. (TSX: FOOD)

• Market Cap (2025): ~$23 million USD (≈32 million CAD)
• Revenue (2024): ~$112 million USD (≈152.8 million CAD)

Goodfood is a Montreal-based meal-kit and e-grocery platform delivering fresh ingredients, prepared meals, and pantry staples. Customers receive weekly boxes designed for convenient home cooking, plus an expanding selection of ready-to-eat options. In 2024, Goodfood’s revenue hovered around C$153 million, prompting the company to streamline logistics and improve profitability. This hybrid model—blending in-house food manufacturing with an online retail presence—positions Goodfood as a competitive player in the direct-to-consumer meal segment across Canada.

14. Village Farms International, Inc. (TSX: VFF)

• Market Cap (2025): ~$85 million USD (≈110 million CAD)
• Revenue (2024): ~$328 million USD (≈440 million CAD)

Originally focused on greenhouse produce such as tomatoes, cucumbers, and peppers, Village Farms now leverages its horticultural expertise in the cannabis industry. Despite the volatility of the cannabis sector, produce remains a cornerstone of Village Farms’ business. Advanced greenhouse systems enable year-round cultivation, supplying fresh vegetables to retailers across North America. This dual strategy—balancing core produce operations with cannabis brand Pure Sunfarms—defines Village Farms as a versatile enterprise within Canada’s evolving agri-food sphere.

13. Andrew Peller Ltd. (TSX: ADW.A)

• Market Cap (2025): ~$150 million USD (≈223 million CAD)
• Revenue (2024): ~$290 million USD (≈385.9 million CAD)

Andrew Peller is among Canada’s premier wine producers, operating estate wineries in British Columbia, Ontario, and Nova Scotia. Its brand portfolio spans Peller Estates, Trius, Wayne Gretzky Estates, Sandhill, and more, covering everything from everyday table wines to premium icewines and craft spirits. Post-pandemic, the company returned to profit growth in 2024 by optimizing operations. Whether marketing classic VQA varietals or branching into Wayne Gretzky-branded whiskies, Peller remains a key name in Canada’s wine and spirits scene.

12. Corby Spirit and Wine Ltd. (TSX: CSW.A)

• Market Cap (2025): ~$250 million USD (≈373 million CAD)
• Revenue (2024): ~$170 million USD (≈229.7 million CAD)

With a 160-year history, Corby stands as a stalwart in Canadian spirits and wine. Known for J.P. Wiser’s whisky, Lamb’s rum, Polar Ice vodka, and McGuinness liqueurs, it also represents Pernod Ricard’s brands (Absolut, Chivas Regal) in Canada. Recent expansions into ready-to-drink cocktails and distributorship of Ace Beverage Group’s lineup boosted 2024 revenue. Corby’s blend of legacy spirits, new product lines, and distribution agreements underlines its importance in Canada’s liquor landscape.

11. High Liner Foods Inc. (TSX: HLF)

• Market Cap (2025): ~$330 million USD (≈483 million CAD)
• Revenue (2024): ~$961 million USD (≈1.30 billion CAD)

Based in Nova Scotia, High Liner Foods is a leading processor of frozen seafood in North America. Under brands like High Liner, Sea Cuisine, and Captain’s Crew, it supplies breaded fish fillets, shrimp, and value-added seafood entrées to retailers and foodservice clients. Although economic factors impacted 2024 sales, High Liner maintains a robust foothold in the frozen seafood aisle, leveraging wide sourcing networks and a well-known brand name that resonates with consumers seeking convenient, protein-rich meal solutions.

10. Rogers Sugar Inc. (TSX: RSI)

• Market Cap (2025): ~$492 million USD (≈694 million CAD)
• Revenue (2024): ~$940 million USD (≈1.23 billion CAD)

Operating under the Rogers and Lantic brands, Rogers Sugar refines cane and beet sugar for retail, industrial, and foodservice clients across Canada. Its expansions into maple syrup—through acquisitions like Decacer—have added a global reach in that category. Long-term contracts with major food manufacturers ensure stable demand, and rising sugar prices contributed to revenue increases in 2024. This dual focus on sugar refining and maple syrup positions Rogers Sugar as a dependable staple in Canada’s sweetener market.

9. Tilray Brands, Inc. (TSX: TLRY)

• Market Cap (2025): ~$0.84 billion USD (≈1.1 billion CAD)
• Revenue (2024): ~$789 million USD (≈1.06 billion CAD)

While Tilray is best known for its cannabis operations, the company’s portfolio has diversified significantly. Through Manitoba Harvest, Tilray offers hemp-based foods; it also holds craft beer brands like SweetWater Brewing and Breckenridge Distillery. This mixed bag of cannabis, hemp nutrition, and alcoholic beverages secures multiple revenue streams in Canada and the U.S. With 2024 revenues near $800 million USD, Tilray showcases how cross-sector acquisitions can expand a brand’s footprint beyond its original market.

8. SunOpta Inc. (TSX: SOY)

• Market Cap (2025): ~$0.93 billion USD (≈1.26 billion CAD)
• Revenue (2024): ~$715 million USD (≈960 million CAD)

SunOpta is a Toronto-based producer of plant-based foods and beverages, specializing in oat, almond, and soy milks, as well as fruit-based snacks. Dividing its operations into Plant-Based Foods & Beverages and Fruit-Based Foods, the company caters to the rising demand for non-GMO, organic, and vegan products. Alongside its private-label manufacturing, SunOpta runs well-known brands like Dream and West Life. Surging consumer interest in plant-based diets drove the company’s revenue close to C$1 billion in 2024.

7. Lassonde Industries Inc. (TSX: LAS.A)

• Market Cap (2025): ~$0.90 billion USD (≈1.30 billion CAD)
• Revenue (2024): ~$1.82 billion USD (≈2.47 billion CAD)

Headquartered in Rougemont, Quebec, Lassonde is renowned for juices, fruit drinks, and specialty foods. Brands like Allen’s, Oasis, and Fairlee dominate grocery store shelves, and the company also provides private-label beverages for numerous retailers. Beyond juice, Lassonde engages in sauces and salad dressings. Consistent acquisitions over the years—including Sun-Rype—bolster Lassonde’s North American presence. Its strong share in Canada’s juice market and growing foothold in the U.S. make it a key beverage player.

6. Jamieson Wellness Inc. (TSX: JWEL)

• Market Cap (2025): ~$0.93 billion USD (≈1.33 billion CAD)
• Revenue (2024): ~$530 million USD (≈709 million CAD)

Jamieson Wellness occupies a unique space in this ranking, focusing on vitamins and supplements rather than traditional food. Its Toronto-based operations produce popular nutraceutical brands (Jamieson, youtheory), capitalizing on global demand for immunity, wellness, and sports nutrition products. Two Canadian facilities turn out millions of doses annually, securing Jamieson’s position as a market leader in the country’s health and wellness segment. Solid 2024 sales reflect sustained interest in self-care, particularly amid pandemic-era habits.

5. Maple Leaf Foods Inc. (TSX: MFI)

• Market Cap (2025): ~$1.86 billion USD (≈2.66 billion CAD)
• Revenue (2024): ~$3.6 billion USD (≈4.87 billion CAD)

Maple Leaf Foods, headquartered in Mississauga, dominates Canada’s meat processing industry. From bacon, deli cuts, and sausages to poultry products, Maple Leaf, Schneiders, and Mina are staples in Canadian fridges. Recent facility modernizations improved efficiency, while Greenleaf Foods offers plant-based products such as Lightlife and Field Roast. This dual approach—traditional meats and meat alternatives—helps Maple Leaf cater to shifting consumer preferences, aiming for both sustainability and broad market appeal.

4. Premium Brands Holdings Corp. (TSX: PBH)

• Market Cap (2025): ~$2.4 billion USD (≈3.4 billion CAD)
• Revenue (2024): ~$4.4 billion USD (≈6.4 billion CAD)

Vancouver-based Premium Brands is a specialty food conglomerate overseeing a diverse roster of artisan and prepared food manufacturers. Its subsidiaries include deli-meat giants (Freybe, Piller’s) as well as seafood specialists (Clearwater Seafoods). With this decentralized model, Premium Brands supports regional producers while scaling distribution and marketing. Its portfolio spans processed meats, baked goods, ready-to-eat meals, and more, demonstrating how the company meets the rising demand for quality, niche food offerings across retail and foodservice channels.

3. Primo Water Corporation (TSX: PRMW)

• Market Cap (2025): ~$3.9 billion USD (≈5.4 billion CAD)
• Revenue (2024): ~$1.88 billion USD (≈2.55 billion CAD)

Formerly Cott Corporation, Primo Water reinvented itself from a private-label soda producer into a health-focused water and beverage solutions provider. Headquartered in Florida but originally Canadian, Primo dominates the purified and spring water category through its robust delivery network in North America and Europe. With bottled and jug water, filtration systems, and dispensers, Primo caters to consumer trends favoring hydration and low-calorie drinks—an approach that propelled solid revenue growth as more customers pivot from soft drinks to water-centric options.

2. Saputo Inc. (TSX: SAP)

• Market Cap (2025): ~$7.5 billion USD (≈10.4 billion CAD)
• Revenue (2024): ~$13.7 billion USD (≈17.34 billion CAD)

Montreal-based Saputo ranks among the world’s foremost dairy processors, churning out cheese, milk, cream, and other dairy staples under brands like Saputo, Armstrong, and Dairyland. Through strategic acquisitions in the U.S., Europe, and Australia, the company has cemented its dominance in retail and foodservice dairy offerings. Whether it’s artisanal cheeses or high-volume ingredients for industrial clients, Saputo’s breadth underscores its role as a major force in global dairy supply—delivering everything from mozzarella to specialized cultured products.

1. Molson Coors Beverage Company (TSX: TPX.B / NYSE: TAP)

• Market Cap (2025): ~$12.3 billion USD (≈16.5 billion CAD)
• Revenue (2024): ~$11.7 billion USD (≈15.6 billion CAD)

Leading this 2025 Canadian Food Company List, Molson Coors remains a heavyweight in global brewing. Formed by the merger of Montreal’s Molson and the U.S.-based Coors, the company boasts a powerful roster of beers—Coors Light, Molson Canadian, Miller Lite, Blue Moon—and continues to diversify into non-beer beverages. With a strong foothold in both Canada and the U.S., Molson Coors benefits from local brand loyalty and a broad array of craft, premium, and budget-friendly offerings. Even amid fierce industry competition, its market presence and brand heritage place it atop the Biggest Canadian Food Manufacturers 2025.

Industry Trends

The Canadian Food Company Market Leaders 2025 navigate an industry grappling with supply chain constraints, higher commodity prices, and evolving consumer tastes. Grocery costs are predicted to climb 3–5% this year, with meat possibly rising 4–6%, per Canada’s Food Price Report. In parallel, consumers demand simpler, healthier foods with “clean labels,” spurring innovation in plant-based, organic, and functional product lines. The federal government’s push for $85 billion in agri-food exports by 2025 also drives these companies to focus on sustainable practices and global growth.

From meat and dairy giants like Maple Leaf and Saputo to specialized players in seafood, beverages, and plant-based nutrition, these Top Food Companies in Canada 2025 reflect the nation’s robust and adaptable agri-food sector. Rising inflation, interest in better-for-you products, and technological investments continue to shape the playing field. Whether producing iconic Canadian beer, premium cheese, or cutting-edge plant-based alternatives, these Major Canadian Food Corporations 2025 lead the charge in satisfying domestic demand and expanding Canada’s footprint in international food markets.