Business Monitor International


Canada Food & Drink Report

Published 25 March 2014

  • 114 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Canada Food & Drink Report

BMI View : We 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. The big challenge for private con sumption growth in the next two to three years is the daunt ing level of private debt that has continued to build up in the past five years. Nevertheless, opportunities continue to be presented by trends such as increased health consciousness and the receptiveness of consumers to innovation and marketing. Busy lifestyles and an increasing number of work ing women will promote sales of convenient, easy-to-prepare products.

Headline Industry Forecasts (local currency)

  • 2013 per capita food consumption growth = +0.78% year-on-year (y-o-y); forecast compound annual growth rate (CAGR) 2014 to 2018 = +1.15%;

  • 2013 alcoholic drink sales growth = +2.35% y-o-y; forecast CAGR 2014 to 2018 = +5.03%;

  • 2013 soft drink sales growth = +2.89% y-o-y; forecast CAGR 2014 to 2018 = +3.97%;

  • 2013 mass grocery retail sales growth = +2.70% y-o-y; forecast CAGR 2014 to 2018 = +2.72%.

Key Industry Trends And Developments

Saputo In Market F or International Acquisitions: Saputo, one of the top 10 largest dairy companies in the world by sales and Canada's biggest, has indicated it will continue its aggressive acquisition strategy. In our view, Saputo will likely concentrate on expansion within key Latin American regions such as Brazil and Argentina, along with new interests in Asia following its acquisition of a majority stake in early 2014 in Warrnambool Cheese and Butter.

Cott Considers Alternatives : In early 2014 the world's largest private label beverage producer Cott confirmed that it is 'evaluating certain strategic alternatives', noting that all options are being considered. The company will be examining whether there are options...

Table of Contents

BMI Industry View
7
SWOT Analysis
9
Food
9
Drink
11
Mass Grocery Retail
13
Industry Forecast
15
Consumer Outlook
15
Food
17
Food Consumption
17
Table: Food Consumption Indicators - Historical Data & Forecasts, 2011-2018
18
Confectionery
18
Table: Confectionery Value/Volume Sales - Historical Data & Forecasts, 2011-2018
20
Canned Food
21
Table: Canned Food Value/Volume Sales - Historical Data & Forecasts, 2011-2018
21
Processed Fish
22
Table: Fish Volume Sales, Production & Trade - Historical Data & Forecasts, 2011-2018
23
Frozen Fruit & Vegetables
25
Table: Frozen Fruit & Vegetables Volume Sales, Production & Trade - Historical Data & Forecasts, 2011-2018
26
Oils & Fats
27
Table: Oils & Fats Volume Sales, Production & Trade - Historical Data & Forecasts, 2011-2018
27
Dairy
29
Table: Cheese Volume Sales, Production & Trade - Historical Data & Forecasts, 2011-2018
30
Drink
31
Alcoholic Drinks
31
Table: Alcoholic Drink Value/Volume Sales - Historical Data & Forecasts, 2011-2018
32
Soft Drinks
32
Table: Soft Drinks Value/Volume Sales - Historical Data & Forecasts, 2011-2018
34
Hot Drinks
34
Table: Hot Drink Value Sales - Historical Data & Forecasts, 2011-2018
35
Mass Grocery Retail
37
Table: Mass Grocery Retail Sales By Format - Historical Data & Forecasts, 2011-2018
39
Table: Sales Breakdown By Retail Format Type, %
39
Trade
40
Table: Trade Indicators - Historical Data & Forecasts, 2011-2018
41
Macroeconomic Forecasts
42
Economic Analysis
42
GDP By Expenditure
45
Risks To Outlook
46
Table: Canada - GDP By Expenditure, Real Growth %
47
Market Overview
48
Food
48
Food Consumption
48
Food Processing
48
Confectionery
49
Dairy
50
Drink
52
Alcoholic Drinks
52
Soft Drinks
53
Hot Drinks
54
Mass Grocery Retail
55
Leading Players
55
Table: Structure Of Canada's Mass Grocery Retail Sector By Estimated Number of Outlets, 2003-2012
56
Table: Structure of Canada's Mass Grocery Retail Sector - Sales by Format (US$bn), 2003-2012
56
Table: Annual Average Value of Sales by Format (2012)
57
Industry Trends And Developments
58
Food
58
Key Industry Trends And Developments
58
Drink
66
Key Industry Trends And Developments
66
Mass Grocery Retail
71
Key Industry Trends And Developments
71
Consolidation Of Canadian MGR Industry Evident
71
Competitive Landscape
75
Table: Key Players in Canada's Food Sector
75
Table: Key Players in Canada's Drink Sectors
75
Table: Key Players in Canada's Mass Grocery Retail Industry
76
Company Profile
78
Saputo
78
George Weston Ltd
80
Maple Leaf Foods
82
Corby Spirit And Wine Ltd
85
Cott Corp
87
Loblaw Companies Ltd
89
Metro Inc
92
Sobeys
94
Walmart
97
Global Industry Overview
99
Table: Food And Drink Core Views
108
Demographic Forecast
109
Table: Canada's Population By Age Group, 1990-2020 ('000)
110
Table: Canada's Population By Age Group, 1990-2020 (% of total)
111
Table: Canada's Key Population Ratios, 1990-2020
112
Table: Canada's Rural And Urban Population, 1990-2020
112
Glossary
113
Food & Drink
113
Mass Grocery Retail
113
Methodology
115
Industry Forecast Methodology
115
Sector-Specific Methodology
116
Sources
116
Risk/Reward Rating Methodology
117
Table: Food & Drink Risk/Reward Rating Indicators
118
Table: Weighting
119

The Canada Food & Drink Report features Business Monitor International (BMI)'s market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Canada Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Canada.

Key Benefits

  • Benchmark BMI's independent food and drink industry forecasts for Canada to test other views - a key input for successful budgeting and strategic business planning in the Canadian food and drink market.
  • Target business opportunities and risks in Canada through our reviews of latest industry trends, regulatory changes and major deals, projects and investments.
  • Exploit latest competitive intelligence on your competitors, partners and clients via our Company Profiles (inc. SWOTs, KPIs and latest activity) and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI's key industry forecasts, and views, covering food and drink manufacturing and consumption and the retail market.

Business Environment Ratings

BMI's Food & Drink Business Environment Ratings provide a country-comparative Risk-Reward Ratings index aimed at investors, food and drink manufacturers and mass grocery retailers.

The ratings methodology makes sophisticated use of over 40 industry, economic and demographic data points.

Industry SWOT Analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the food, drink and mass grocery retail sectors, and within the broader political, economic and business environment.

Food Forecasts

BMI's food chapter is divided into sections such as Meat, Fish, Confectionary, Dairy and Canned Foods, and provides insight into a market's food industry, centred on a forecast to end-2018 for the sector. The chapter includes the following elements:

Industry Forecast Scenario - Historical data series and forecasts to end-2018 for growth of key indicators within a market's food industry. Including consumption, food consumption as % of GDP, canned food sales, confectionery sales and food and drink imports and exports, among others.

Industry Developments - A summary of corporate developments, including news on M&As, FDI, expansions, closures and financial results, in addition to analysis and explanation of the latest industry events and how these could influence further investment.

Market Overview - An overview of the structure of the market, introducing the key players and discussing underlying trends.

Drink Forecasts

Segmented the same way as BMI's food chapter, the drink section provides insight into the market's drink industry, centred on a forecast to end-2018 for the sector. Forecast indicators include alcoholic and soft drink sales by value, volume and sub-sector and tea and coffee sales, among others.

Mass Grocery Retail Forecasts

Segmented the same way as BMI's food and drink chapters, the mass grocery retail section provides insight into a market's grocery retail industry, centred on a forecast to end-201 for the sector. Forecast indicators include mass grocery retail sales by format (including supermarkets, hypermarkets, convenience and discount stores) and a breakdown for the organised retail sector versus the traditional sector, among others.

Competitive Landscape & Profiles

Illustration of the industry via rankings tables comparing revenues, number of outlets and number of employees. BMI analyses each company's market position, business strategies and investment potential.

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Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc