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, Winter 2011
Canada’s Food Manufacturing Industry: Industrial Outlook, Winter 2011
Industry Economic Analysis
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- Food Inflation—Broad-based increases in agricultural commodity prices are hurting food producers’ bottom line.
- Consumer Sentiment—Labour market conditions continue to improve, and that will drive up consumer spending on a wide variety of products, including food.
- Competition—Competition between private label and national brands for space on retailers’ shelves is expected to intensify. Lower margins and a renewed focus on product development are likely results for food manufacturers.
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