This report examines the short-and medium-term economic and profitability outlook for Canada’s Food Manufacturing Industry.
Canada’s Food Manufacturing Industry: Industrial Outlook, Summer 2010
Canada’s Food Manufacturing Industry: Industrial Outlook, Summer 2010
Industry Sector Economics
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- Post-Recession Rebound—Growth in industry sales is expected to accelerate as the spending power of Canadian consumers rises.
- Agriculture Prices—Supply disruptions and rising demand are pushing prices higher for a variety of agricultural products, resulting in higher costs for the industry.
- Exports—Canada’s abundant food resources are well-placed to serve the emerging markets and their growing appetites for meat and processed foods.