Canada Food and Drink Report Q2 2014

Canada Food and Drink Report Q2 2014

Published: April 2014
Publisher: Business Monitor International (BMI)
Product ref: 200213
Pages: 119
Format: PDF
Delivery: Immediate download

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BMI View: We do not expect major growth in the value of Canada's food and drink markets over the short term, partly on account of their maturity and partly due to the expectations that Canadian households will continue to face deleveraging, which is likely to hold back discretionary spending. The big challenge for private consumption growth in the next two to three years is the daunting level of private debt that has continued to build up in the past five years. Nevertheless, opportunities continue to be presented by trends such as increased health consciousness and the receptiveness of consumers to innovation and marketing. Busy lifestyles and an increasing number of working women will promote sales of convenient, easy-toprepare products.

Headline Industry Forecasts (local currency) ¦ 2013 per capita food consumption growth = +0.78% year-on-year (y-o-y); forecast compound annual growth rate (CAGR) 2014 to 2018 = +1.15%; ¦ 2013 alcoholic drink sales growth = +2.35% y-o-y; forecast CAGR 2014 to 2018 = +5.03%; ¦ 2013 soft drink sales growth = +2.89% y-o-y; forecast CAGR 2014 to 2018 = +3.97%; ¦ 2013 mass grocery retail sales growth = +2.70% y-o-y; forecast CAGR 2014 to 2018 = +2.72%.

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By sector: General drinks

By market: Canada (in North America)


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