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Contribution: Industrial Research Assistance Program – Contributions to Firms

Duinkerken Foods Inc.

$50,000.00

Marketing Assessment of Global Market Trends

EF 2020-21 · 2020-09-28

Résumé
Free-from food products are categorized as foods that contain ingredients are that specifically removed to make them safer and healthier for consumers. Free-from is eliminating the 8 major food allergens such as dairy, gluten, egg, peanut, tree-nut, shellfish, fish, and soy. The global Free From food market is expected to value $337.85 billion, recording an estimated CAGR of 9.5%, during the forecast period (2019-2024) (Euromonitor, 2017). This type of market growth shows major opportunity for Duinkerken Foods. However, creating products that are unique is key to succeed and to be competitive in this growing market. Large USA and Canadian retailers have expressed interest and purchase of new seasonal products created by Duinkerken.
Programme
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (lien de confiance élevée)
Bénéficiaire
Emplacement
Slemon Park|Slemon Park, Prince Edward Island, Canada
Type de bénéficiaire
For-profit organization
Numéro d'entreprise
812665875
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

Tel que publié

Agreement End Date
2021-03-31
Agreement Number
956986
Agreement Start Date
2020-09-28
Agreement Title
Marketing Assessment of Global Market Trends
Agreement Title (French)
Évaluation de marketing des tendances du marché mondial
Agreement Type
Contribution
Agreement Value
$50,000.00
Amendment Number
0
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
Free-from food products are categorized as foods that contain ingredients are that specifically removed to make them safer and healthier for consumers. Free-from is eliminating the 8 major food allergens such as dairy, gluten, egg, peanut, tree-nut, shellfish, fish, and soy. The global Free From food market is expected to value $337.85 billion, recording an estimated CAGR of 9.5%, during the forecast period (2019-2024) (Euromonitor, 2017). This type of market growth shows major opportunity for Duinkerken Foods. However, creating products that are unique is key to succeed and to be competitive in this growing market. Large USA and Canadian retailers have expressed interest and purchase of new seasonal products created by Duinkerken.
Description (French)
Les produits alimentaires dits « sans » sont classés comme des aliments qui contiennent des ingrédients qui ont été spécialement retirés pour les rendre plus sûrs et plus sains pour les consommateurs. L'absence d'allergènes alimentaires consiste à éliminer les huit principaux allergènes alimentaires tels que les produits laitiers, le gluten, les œufs, les arachides, les noix, les crustacés, le poisson et le soja. Le marché mondial des produits alimentaires dits « sans » devrait représenter une valeur de 337,85 milliards de dollars, enregistrant un TCAC estimé à 9,5 %, au cours de la période de prévision (2019-2024) (Euromonitor, 2017). Ce type de croissance du marché représente une opportunité majeure pour Duinkerken Foods. Toutefois, la création de produits uniques est la clé du succès et de la compétitivité sur ce marché en pleine croissance. De grands détaillants américains et canadiens ont exprimé leur intérêt et ont acheté de nouveaux produits saisonniers créés par Duinkerken.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Egmont
Federal Riding (French)
Egmont
Federal Riding Number
11003
NAICS Code
311990
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
812665875
Recipient City
Slemon Park|Slemon Park
Recipient Country
CA
Recipient Legal Name
Duinkerken Foods Inc.
Recipient Postal Code
C0B 2A0
Recipient Province or Territory
PE
Recipient Type
F
Reference Number
172-2020-2021-Q3-956986