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 Winter 2013
Canada’s Food Manufacturing Industry: Industrial Outlook Winter 2013
Industry Economic Analysis
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- Competition—Competition between private labels and national brands is expected to intensify due to consumers becoming more price conscious. That will likely mean lower profit margins for food manufacturers.
- Commodity Prices—Higher commodity prices are driving up production costs. Food manufacturers are also being pressured by consumers and large retailers to keep price increases to a minimum.
- Export Market—Industry exports continue to grow as more opportunities are found in emerging markets.
