CANADA: Outlook bright for Canada's soft drink industry
Changes to consumption patterns, as Canadians spend more time on other activities, have been attributed to the changes. The Canadian Soft Drinks Association (CSDA) believes these have led to an increase in prepared and packaged meals and drinks. Industry leaders are predicting a healthy growth of 3.5% for this year.
As the scarred Canadian economy came out of a major recession in the early 1990's, so did the soft drinks industry. The recession may have left its mark but according to the CSDA figures, volumes of soft drinks sold in Canada have still grown over 37% since 1989 and the growth rate has generally outpaced the rate of population growth.
The beverage business is a $7 billion industry in Canada and with continuing signs of a stable and growing Canadian economy, the outlook for the Canadian soft drinks industry for the millennium looks bright.
- Interview - Pernod Ricard's luxury director
- What's coming up in wine in 2017? - Comment
- Chile's winemakers caught out by Brexit "disease"
- The just-drinks Analyst - 2017 forecasts
- The Cognac Category - Everything you need to know
- Diageo Australia names new commercial head
- Edrington readies Americas, GTR exec switches
- Suntory sends staff to fat camp - report
- High-end Cognac making recovery in China - Pernod
- "Beer and weed are complements" - analyst
- The Next Seven Big Beverage Markets
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global Cognac insights - market forecasts, product innovation and consumer trends
- Darker Than Before: Global Prospects for Brown Spirits
- Global gin insights - market forecasts, product innovation and consumer trends