The forecast for the food merchant wholesalers' gross margin in Canada indicates stability, with it consistently predicted at 18% from 2024 through 2028. In 2023, the gross margin stood at the same level, illustrating no significant change. Over the past two years, from 2022 to 2023, there was a stagnation in year-on-year growth, and the compound annual growth rate (CAGR) over the five years leading up to 2028 also implies zero growth.

Future trends to watch for:

The impact of inflation on food prices, which could squeeze margins if not offset by efficiencies.
Innovations in supply chain management and logistics that might help in reducing costs and improving margins.
Regulatory changes in food safety and standards that could affect operating costs.
Consumer preferences shifting towards sustainable and organic foods, potentially altering market dynamics.