This report examines the short-and medium-term economic and profitability outlook for Canada’s Food Manufacturing Industry.
Canada’s Food Manufacturing Industry: Industrial Outlook Summer 2011
Canada’s Food Manufacturing Industry: Industrial Outlook Summer 2011
Industry Economic Analysis
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- Consumer Confidence—Weaker consumer confidence and slower income growth will detract from consumer willingness to spend on food.
- Cost Inflation—Cost inflation is not only driving up production costs for food manufacturers, it is also challenging families’ grocery budgets.
- Export Market—Industry exports continue to grow despite the economic uncertainties. Diversification away from the U.S. market has been the key driver.
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