Canada’s Food Manufacturing Industry: Industrial Outlook Summer 2016
This report examines the short-and medium-term economic and profitability outlook for Canada’s Food Manufacturing Industry.
- Export Outlook—Rising food demand in various developing markets and an improving U.S. economy are supporting a positive outlook for the industry.
- Industry Profits—Although rising competition in the food retail landscape has the potential to weigh on industry margins, industry profits will remain healthy over the forecast horizon, as production gains remain strong and softening material input prices alleviate cost pressures.
- Superfoods—Many food manufacturers will look to benefit from the rising popularity of superfoods, which has been driven by consumers that are increasingly interested in natural ingredients and more nutritious foods.