Canada Food and Drink Report Q3 2014

Canada Food and Drink Report Q3 2014

Published: July 2014
Publisher: Business Monitor International (BMI)
Product ref: 217223
Pages: 128
Format: PDF
Delivery: Immediate download

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BMI View: The most important challenge for private consumption growth in Canada over the next two to three years is the daunting level of private debt that has continued to build up in the past five years. We therefore 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. However, opportunities remain manifested 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-to-prepare products.

Headline Industry Forecasts (local currency) ¦ 2014 per capita food consumption growth = +1.14% year-on-year (y-o-y); forecast compound annual growth rate (CAGR) 2014 to 2018 = +1.15%; ¦ 2014 alcoholic drink sales growth = +3.65% y-o-y; forecast CAGR 2014 to 2018 = +5.03%; ¦ 2014 soft drink sales growth = +3.62% y-o-y; forecast CAGR 2014 to 2018 = +3.97%;

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Related research categories

By sector: General drinks

By market: Canada (in North America)


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