This industry profile provides a five-year forecast for Canada’s Food and Beverage Industry.
Canada’s Food and Beverage Industry: Industrial Profile Autumn 2009
Canada’s Food and Beverage Industry: Industrial Profile Autumn 2009
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- Strong Dollar—The strong Canadian dollar has hurt export growth and output prices. With the dollar expected to stay close to parity with the U.S. dollar, this will continue to be an issue.
- New Products—Companies have been able to attract consumers to new higher value-added products with higher margins by providing increased convenience or food with greater health benefits.
- Export Markets—Industry exports continue to grow despite the global recession. Diversification away from the U.S. market is a key reason.
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