The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. The report examines the short- and medium-term economic and profitability outlooks for these industries.
Canada’s Food Manufacturing Industry: Industrial Outlook, Winter 2009
Canada’s Food Manufacturing Industry: Industrial Outlook, Winter 2009
Industry Economic Analysis
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- Recession-Proof Industry—Demand for everyday products such as food is not particularly sensitive to recessions. The food manufacturing industry is therefore expected to surf through the economic turmoil without too much damage.
- New Products—Companies have been able to attract consumers to new higher-value-added products with higher margins by providing increased convenience or food with greater health benefits.
- No Name—As disposable income growth decelerates and job losses continue, consumers will tend to substitute high-margin products for lower-priced goods, often private labels.
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