This industry profile provides a five-year forecast for Canada’s Food and Beverage Industry.
Canada’s Food and Beverage Industry: Industrial Profile Autumn 2012
Canada’s Food and Beverage Industry: Industrial Profile Autumn 2012
Industry Sector Economics
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- Commodity Prices—Hot, dry weather has hurt crop production and pushed up raw commodity prices, resulting in higher costs for the industry.
- Consumer Confidence—Weaker consumer confidence and the disappointing job market will detract from consumers’ willingness to spend on food and beverages.
- Speciality Products—Speciality products, such as natural and organic-based products, continue to be a bright spot for the industry, generating high profit margins for food manufacturers.