New Report Available: Canada Food & Drink Report Q3 2016

From: Fast Market Research, Inc.
Published: Tue Jul 19 2016

Canadian consumers face headwinds arising from high household indebtedness levels, rising housing prices as well as negative labour market trends. Taking into consideration the subdued overall country's economic situation, negatively affected by the lower oil price environment, we forecast Canada's food and drink industry to experience a slowdown over the coming year.

Latest Updates & Industry Developments

Headline food consumption (in CAD terms) is forecast increase by 4.4% in 2016; compound annual growth rate (CAGR) during 2016-2020: 4.6%.

Alcoholic drinks volume sales are forecast to expand by 1.2% in 2016 and record a stronger CAGR of 1.6% between 2016 and 2020.

Demand for premium and innovative alcoholic drinks will remain strong across the industry, benefiting craft brewers and distillers. Supported by favourable structural dynamics, wine will be the most promising alcoholic drinks category.

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In 2016, we forecast non-alcoholic drinks sales in local currency value terms growing by 4.0%y-o-y. During 2016-2020, the sector will record slightly stronger sales CAGR of 4.1%.

We hold our view that the discount and hypermarket formats will see their presence growing in an otherwise largely saturated Canadian mass grocery retail market.

The Canada Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI'sCanada Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Canada.

Key Benefits
Benchmark BMI's independent food and drink industry forecasts for Canada to test other views - a key input for successful budgeting and strategic business planning in the Canadian food and drink market.
Target business opportunities and risks in Canada through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.


BMI Industry View

Summary of BMI’s key industry forecasts and views, covering food and drink manufacturing and consumption and the mass grocery retail market.

Industry SWOT Analysis

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