Investments
9Partners & Customers
10Service Providers
1About McCain Foods
McCain Foods is a food production company in the frozen food industry. The company manufactures prepared potato products, as well as appetizers, meals, desserts, and pizzas. It delivers products to restaurants and retail stores. The company was founded in 1957 and is based in Toronto, Canada.

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Latest McCain Foods News
May 31, 2023
News provided by Share this article Share this article NEW YORK, May 30, 2023 /PRNewswire/ -- The frozen food market in India is set to grow by USD 1478.91 million from 2022 to 2027 progressing at a CAGR of 14.12% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The growing desire for convenience is notably driving the market growth, although distribution challenges may impede the Indian Frozen Food Market growth. -Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and forecast period (2023-2027). Technavio has announced its latest market research report titled India Frozen Food Market 2023-2027 The report on the frozen food market in India provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. Frozen Food Market In India 2023-2027 - Market Dynamics Market Drivers Rising demand from QSRs Growing demand for RTE foods Market Challenges Lack of logistics infrastructure Frozen Food Market In India 2023-2027: Market Segmentation The frozen food market in India is segmented by product (ready to cook and ready to eat) and distribution channel (online and offline). The market share growth by the ready-to-cook segment will be significant during the forecast period. Frozen foods are gaining popularity due to their ease of preparation and short cooking times. The ready-to-cook segment was valued at USD 502.92 million in 2017 and continued to grow until 2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report The frozen food market in India covers the following areas: Frozen Food Market In India Analysis Companies Mentioned Conagra Brands Inc. DARSHAN FOODS PVT. LTD. Nestle SA Unilever PLC ajinomoto.com- The company offers frozen foods that includes different fruits, mixed vegetables, and others. apexfrozenfoods.in- The company offers frozen foods that includes two kinds of shrimps namely the Whiteleg shrimp (Litopenaeus vannamei) and the Black Tiger Shrimp (Penaeus monodon). capricorngroup.com- The company offers frozen foods that include tropical fruits like mango, pineapple, guava, papaya, pomegranate, banana, etc. Related Reports: Cookies Market - The Cookies Market size is projected to increase by USD 22.44 billion, and the market size is estimated to grow at a CAGR of 5.81% between 2022 and 2027. High Protein-based Food Market - The High Protein-Based Food Market size is projected to increase by USD 40.67 billion and the market size is estimated to grow at a CAGR of 7.68% between 2022 and 2027. Register for a free trial today and gain instant access to 17,000+ market research reports. Report Coverage Market growth 2023-2027 Key companies profiled Ajinomoto Co. Inc., Apex Frozen Foods Ltd., Associated British Foods Plc, Capricorn Food Products India Ltd., Conagra Brands Inc., Corporativo Bimbo SA de CV, DARSHAN FOODS PVT. LTD., Frozen Tropicals Pvt. Ltd., General Mills Inc., Godrej Agrovet Ltd., HyFunFoods Pvt. Ltd., Innovative Foods Ltd., ITC Ltd., McCain Foods Ltd., Mother Dairy Fruit and Vegetable Pvt. Ltd., Nestle SA, Savola Group, Top Fresh International Pvt. Ltd., Unilever PLC, and VH Group Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Key Topics Covered: Exhibit 02: Executive Summary – Data Table on Market Overview Exhibit 03: Executive Summary – Chart on Country Market Characteristics Exhibit 04: Executive Summary – Chart on Market Segmentation by Product Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel Exhibit 06: Executive Summary – Chart on Vendor Market Positioning 2 Market Landscape 3.2 Market segment analysis Exhibit 11: Chart on India - Market size and forecast 2022-2027 ($ million) Exhibit 12: Data Table on India - Market size and forecast 2022-2027 ($ million) Exhibit 13: Chart on India: Year-over-year growth 2022-2027 (%) Exhibit 14: Data Table on India: Year-over-year growth 2022-2027 (%) 4 Historic Market Size 4.1 Frozen food market in India 2017 - 2021 Exhibit 15: Historic Market Size – Data Table on Frozen food market in India 2017 - 2021 ($ million) 4.2 Product Segment Analysis 2017 - 2021 Exhibit 16: Historic Market Size – Product Segment 2017 - 2021 ($ million) 4.3 Distribution Channel Segment Analysis 2017 - 2021 Exhibit 17: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million) 5 Five Forces Analysis 5.2 Bargaining power of buyers Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027 5.3 Bargaining power of suppliers Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027 5.4 Threat of new entrants Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027 5.5 Threat of substitutes 5.6 Threat of rivalry 5.7 Market condition 6 Market Segmentation by Product 6.1 Market segments Exhibit 26: Data Table on Product - Market share 2022-2027 (%) 6.2 Comparison by Product Exhibit 28: Data Table on Comparison by Product 6.3 Ready to cook - Market size and forecast 2022-2027 Exhibit 29: Chart on Ready to cook - Market size and forecast 2022-2027 ($ million) Exhibit 30: Data Table on Ready to cook - Market size and forecast 2022-2027 ($ million) Exhibit 31: Chart on Ready to cook - Year-over-year growth 2022-2027 (%) Exhibit 32: Data Table on Ready to cook - Year-over-year growth 2022-2027 (%) 6.4 Ready to eat - Market size and forecast 2022-2027 Exhibit 33: Chart on Ready to eat - Market size and forecast 2022-2027 ($ million) Exhibit 34: Data Table on Ready to eat - Market size and forecast 2022-2027 ($ million) Exhibit 35: Chart on Ready to eat - Year-over-year growth 2022-2027 (%) Exhibit 36: Data Table on Ready to eat - Year-over-year growth 2022-2027 (%) 6.5 Market opportunity by Product Exhibit 37: Market opportunity by Product ($ million) Exhibit 38: Data Table on Market opportunity by Product ($ million) 7 Market Segmentation by Distribution Channel 7.1 Market segments Exhibit 40: Data Table on Distribution Channel - Market share 2022-2027 (%) 7.2 Comparison by Distribution Channel Exhibit 41: Chart on Comparison by Distribution Channel Exhibit 42: Data Table on Comparison by Distribution Channel 7.3 Online - Market size and forecast 2022-2027 Exhibit 43: Chart on Online - Market size and forecast 2022-2027 ($ million) Exhibit 44: Data Table on Online - Market size and forecast 2022-2027 ($ million) Exhibit 45: Chart on Online - Year-over-year growth 2022-2027 (%) Exhibit 46: Data Table on Online - Year-over-year growth 2022-2027 (%) 7.4 Offline - Market size and forecast 2022-2027 Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ million) Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ million) Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%) Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%) 7.5 Market opportunity by Distribution Channel Exhibit 51: Market opportunity by Distribution Channel ($ million) Exhibit 52: Data Table on Market opportunity by Distribution Channel ($ million) 8 Customer Landscape 9 Drivers, Challenges, and Trends 9.1 Market drivers Exhibit 54: Impact of drivers and challenges in 2022 and 2027 9.4 Market trends 10.3 Landscape disruption 10.4 Industry risks 11 Vendor Analysis Exhibit 59: Matrix on vendor position and classification 11.3 Ajinomoto Co. Inc. Exhibit 61: Ajinomoto Co. Inc. - Business segments Exhibit 62: Ajinomoto Co. Inc. - Key news Exhibit 63: Ajinomoto Co. Inc. - Key offerings Exhibit 64: Ajinomoto Co. Inc. - Segment focus 11.4 Apex Frozen Foods Ltd. Exhibit 65: Apex Frozen Foods Ltd. - Overview Exhibit 66: Apex Frozen Foods Ltd. - Product / Service Exhibit 67: Apex Frozen Foods Ltd. - Key offerings 11.5 Capricorn Food Products India Ltd. Exhibit 68: Capricorn Food Products India Ltd. - Overview Exhibit 69: Capricorn Food Products India Ltd. - Product / Service Exhibit 70: Capricorn Food Products India Ltd. - Key offerings 11.6 DARSHAN FOODS PVT. LTD. Exhibit 71: DARSHAN FOODS PVT. LTD. - Overview Exhibit 72: DARSHAN FOODS PVT. LTD. - Product / Service Exhibit 73: DARSHAN FOODS PVT. LTD. - Key offerings 11.7 Frozen Tropicals Pvt. Ltd. Exhibit 74: Frozen Tropicals Pvt. Ltd. - Overview Exhibit 75: Frozen Tropicals Pvt. Ltd. - Product / Service Exhibit 76: Frozen Tropicals Pvt. Ltd. - Key offerings 11.8 Godrej Agrovet Ltd. Exhibit 78: Godrej Agrovet Ltd. - Business segments Exhibit 79: Godrej Agrovet Ltd. - Key offerings Exhibit 80: Godrej Agrovet Ltd. - Segment focus 11.9 HyFunFoods Pvt. Ltd. Exhibit 82: HyFunFoods Pvt. Ltd. - Product / Service Exhibit 83: HyFunFoods Pvt. Ltd. - Key offerings 11.10 Innovative Foods Ltd. Exhibit 85: Innovative Foods Ltd. - Product / Service Exhibit 86: Innovative Foods Ltd. - Key offerings 11.11 ITC Ltd. Exhibit 88: ITC Ltd. - Business segments Exhibit 89: ITC Ltd. - Key offerings Exhibit 90: ITC Ltd. - Segment focus 11.12 McCain Foods Ltd. Exhibit 92: McCain Foods Ltd. - Product / Service Exhibit 93: McCain Foods Ltd. - Key offerings 11.13 Mother Dairy Fruit and Vegetable Pvt. Ltd. Exhibit 94: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Overview Exhibit 95: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Product / Service Exhibit 96: Mother Dairy Fruit and Vegetable Pvt. Ltd. - Key offerings 11.14 Savola Group Exhibit 98: Savola Group - Product / Service Exhibit 99: Savola Group - Key offerings 11.15 Top Fresh International Pvt. Ltd. Exhibit 100: Top Fresh International Pvt. Ltd. - Overview Exhibit 101: Top Fresh International Pvt. Ltd. - Product / Service Exhibit 102: Top Fresh International Pvt. Ltd. - Key offerings 11.16 Unilever PLC Exhibit 104: Unilever PLC - Business segments Exhibit 105: Unilever PLC - Key news Exhibit 106: Unilever PLC - Key offerings Exhibit 107: Unilever PLC - Segment focus 11.17 VH Group
McCain Foods Investments
9 Investments
McCain Foods has made 9 investments. Their latest investment was in GoodLeaf as part of their Series A on December 12, 2022.

McCain Foods Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
12/7/2022 | Series A | GoodLeaf | $110.1M | No | 3 | |
12/8/2021 | Corporate Minority | |||||
6/8/2021 | Series B | |||||
2/26/2021 | Corporate Minority | |||||
2/4/2021 | Corporate Minority |
Date | 12/7/2022 | 12/8/2021 | 6/8/2021 | 2/26/2021 | 2/4/2021 |
---|---|---|---|---|---|
Round | Series A | Corporate Minority | Series B | Corporate Minority | Corporate Minority |
Company | GoodLeaf | ||||
Amount | $110.1M | ||||
New? | No | ||||
Co-Investors | |||||
Sources | 3 |
McCain Foods Acquisitions
4 Acquisitions
McCain Foods acquired 4 companies. Their latest acquisition was Forno de Minas on April 11, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
4/11/2023 | Other | Corporate Majority | 2 | |||
9/8/2022 | ||||||
6/29/2022 | ||||||
5/6/2019 |
Date | 4/11/2023 | 9/8/2022 | 6/29/2022 | 5/6/2019 |
---|---|---|---|---|
Investment Stage | Other | |||
Companies | ||||
Valuation | ||||
Total Funding | ||||
Note | Corporate Majority | |||
Sources | 2 |
McCain Foods Partners & Customers
10 Partners and customers
McCain Foods has 10 strategic partners and customers. McCain Foods recently partnered with farm credit canada, and Canadian Roundtable for Sustainable Beef on May 5, 2023.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
5/2/2023 | Partner | , and Canada | `` The partnership between CRSB and FCC has been pivotal to the growth of the Certified Sustainable Beef Framework over the past year . | 1 | |
2/23/2023 | Partner | Canada | Rich Gigante , Chief Revenue Officer at TribalScale , says , `` Our partnership with McCain Foods Limited will help modernize its manufacturing process through cloud-based software solutions , machine learning , and AI -- all instrumental factors in increasing process efficiency and reducing waste . '' | 1 | |
1/18/2023 | Partner | Australia | Prepare Your Tums, McCain & Vegemite Are Launching Vegemite Pizzas McCain Foods and Vegemite have teamed up to create something so unholy even Sam Smith refuses to acknowledge its presence . | 1 | |
10/19/2022 | Partner | ||||
9/29/2022 | Partner |
Date | 5/2/2023 | 2/23/2023 | 1/18/2023 | 10/19/2022 | 9/29/2022 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | , and Canada | Canada | Australia | ||
News Snippet | `` The partnership between CRSB and FCC has been pivotal to the growth of the Certified Sustainable Beef Framework over the past year . | Rich Gigante , Chief Revenue Officer at TribalScale , says , `` Our partnership with McCain Foods Limited will help modernize its manufacturing process through cloud-based software solutions , machine learning , and AI -- all instrumental factors in increasing process efficiency and reducing waste . '' | Prepare Your Tums, McCain & Vegemite Are Launching Vegemite Pizzas McCain Foods and Vegemite have teamed up to create something so unholy even Sam Smith refuses to acknowledge its presence . | ||
Sources | 1 | 1 | 1 |
McCain Foods Service Providers
1 Service Provider
McCain Foods has 1 service provider relationship
Service Provider | Associated Rounds | Provider Type | Service Type |
---|---|---|---|
Corporate Minority | Investment Bank | Financial Advisor |
Service Provider | |
---|---|
Associated Rounds | Corporate Minority |
Provider Type | Investment Bank |
Service Type | Financial Advisor |
Partnership data by VentureSource
McCain Foods Team
18 Team Members
McCain Foods has 18 team members, including current Chief Executive Officer, President, Max Koeune.
Name | Work History | Title | Status |
---|---|---|---|
Max Koeune | Chief Executive Officer, President | Current | |
Name | Max Koeune | ||||
---|---|---|---|---|---|
Work History | |||||
Title | Chief Executive Officer, President | ||||
Status | Current |
Compare McCain Foods to Competitors

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Keogh's operates as a food service provider. The company offers crispy potato products such as popcorn and crispy, crinkle, straight-cut potato items. It was founded in 2011 and is based in Dublin, Ireland.
ConAgra Foods (NYSE: CAG) is one of North America's leading packaged food companies with recognized brands such as Marie Callender's, Healthy Choice, Slim Jim, and many other ConAgra Foods brands found in grocery, convenience, mass merchandise, and club stores. ConAgra Foods also has a strong business-to-business presence, supplying frozen potato and sweet potato products as well as other vegetable, spice, and grain products to a variety of well-known restaurants, foodservice operators, and commercial customers.

Pegasus Foods is a contract manufacturer of frozen appetizers and snacks for retail and restaurant chains.
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