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Canada’s Food and Drinks Market Is Expected To Continue Performing Solidly Over the Forecast Period, Rising By Just Under 15% in Value Through 2012

September 18, 2008

Research and Markets (http://www.researchandmarkets.com/research/db3a8d/canada_food_and_dr) has announced the addition of the “Canada Food and Drink Report Q3 2008″ report to their offering.

The Canada Food and Drink Report provides independent forecasts and competitive intelligence on Canada’s food and drink industry.

Despite some fears that the US economic slowdown could also harm Canada’s macroeconomic indicators, the food and drinks market is expected to continue performing solidly over the forecast period, rising by just under 15% in value through 2012. The market will be characterised by consolidation on the one hand, and by premiumisation on the other, as several firms pitched at the lower-end of the market have already struggled. Thrown in this mix is the increased focus on health, wellness, and quality foods, as Canadians get older and wealthier, which are some developments that need to be borne in mind when approaching the market.

However, the increased competition in the market is driving some Canadian producers to look abroad, or to alternative avenues of growth. To this end, Canadian beverage firm Clearly Canadian reported its first increase in revenues for 10 years after moving into the baby food and healthy snack markets, while revenues from the firm’s flagship beverage division continued to slide. Around the same time, Clearly Canadian acquired a kosher meat business, Baldwin Street Kosher, in a bid to move further away from its flagging beverages business. In the meantime, seafood and fish products company Icelandic Group USA sold its Canadian shrimp subsidiary Ocean to Ocean in a management buyout, following months of financial difficulties.

As in previous quarters, the food and drink – as well as mass grocery retail (MGR) – markets have witnessed a considerable amount of activities. Catering to changing Canadian demands, in May 2008, US-based YoNaturals, which specialises in healthy alternatives to junk food vending machines by stocking natural or organic snacks and drinks, opened its first Canadian branch. Similarly, Canadian natural products retailer Planet Organic Health Corp posted strong third-quarter sales, illustrating a continuously rising demand for organic products. Around the same time, Canada-based SunOpta, which specialises in natural and organic food, completed the acquisition of Dutch firm Tradin Organic Agriculture, one of Europe’s largest suppliers of basic organic commodities. The move marks SunOpta out as one of the largest suppliers of organic products in the world.

The demand for organic and premium foods is also being addressed by mass grocery retail (MGR) operators, which are increasingly struggling as their profits are squeezed by an aggressive price war. In April 2008, Canadian retail chain Loblaw developed a new upmarket store format designed to differentiate itself from the emerging threat of Wal-Mart’s expanding hypermarket network. The new stores under the Loblaw Great Foods banner will focus on products that appeal to higher-end shoppers. Similarly, A&P Canada launched a ‘Leave it Greener’ environmental campaign, aiming to boost awareness among shoppers through display cards that emphasise eco-friendly products.

Key Topics Covered:

Executive Summary

Business Environment

SWOT Analysis

Food And Drink

Canada Food And Drink Industry SWOT

Mass Grocery Retail

Canada Mass Grocery Retail Industry SWOT

Macroeconomic Outlook

Table: Canada – Economic Activity

Food

Industry Forecast Scenario

Food Consumption

Table: Food Consumption Indicators – Historical Data and Forecasts

Confectionery

Table: Confectionery Value and Volume Indicators – Historical Data and Forecasts

Canned Food

Table: Canned Food Value and Volume Indicators – Historical Data and Forecasts

Trade

Table: Food & Drink Sectoral Trade Indicators (US$mn) – Historical Data and Forecasts

Industry Developments

Market Overview

Food Processing

Food Consumption

Organics

Confectionery

Canned Food

Trade

Dairy

Drink

Industry Forecast Scenario

Alcoholic Drinks

Table: Alcoholic Drinks Indicators – Historical Data and Forecasts

Hot Drinks

Table: Hot Drinks Indicators – Historical Data and Forecasts

Soft Drinks

Table: Soft Drinks Indicators – Historical Data and Fore

Industry Developments

Market Overview

Alcoholic Drinks

Beer

Wine

Hot Drinks

Soft Drinks

Agriculture At A Glance

Table: Canada Dairy Industry Data

Agricultural Commodity Price

Retail .2

Industry Forecast Scenario

Table: Canada Mass Grocery Retail Sales By Format (US$bn) – Historical Data & Forecasts

Table: Sales Breakdown By Retail Format Type

Industry Developments

Market Overview

Main Players

Table: Structure Of Canada’s Mass Grocery Retail Sector By Estimated Number Of Outlets

Table: Structure Of Canada’s Mass Grocery Retail Sector – Sales By Format (US$bn)

Table: Annual Average Value Of Sales By Format In 2007 (US$mn Unless Otherwise Stated)

Competitive Landscape

Key Players

Food and Drink

Table – Key Players In Canada’s Food & Beverage Sectors

Mass Grocery Retail

Table: Key Players In Canada’s Mass Grocery Retail Ind

Company Analysis

Food

Saputo

George Weston Ltd

Maple Leaf Foods

Drink

Corby Distilleries Ltd

Mass Grocery Retail

Loblaw Companies Ltd

Metro Inc

Sobeys

Wal-Mart

Appendix

BMI Food & Drink Industry Glossary

Food & Drink

Mass Grocery Retail

BMI Food & Drink Forecasting & Sourcing

How We Generate Our Industry Forecasts

Sourcing

Companies Mentioned:

– Saputo

– George Weston Ltd

– Maple Leaf Foods

– Corby Distilleries Ltd

– Loblaw Companies Ltd

– Metro Inc

– Sobeys

– Wal-Mart

For more information visit http://www.researchandmarkets.com/research/db3a8d/canada_food_and_dr.




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