Baking Mix & Prepared Food Manufacturing in Canada
The Baking Mix and Prepared Food Manufacturing industry in Canada has experienced steady revenue growth over the five years to 2017. Despite the closure of several significant food processing plants industry revenue still expanded as remaining domestic manufacturers increased their output to meet growing domestic and global demand for Canadian food products. Over the five years to 2022, industry revenue is forecast to increase, albeit at a slower rate than during the previous period. Increases in per capita disposable income are expected to continue, which will in turn increase consumer spending on food products. As a result, demand for industry products is expected to increase from both retailer and food service establishments.
This industry manufactures perishable prepared foods such as sandwiches, prepared meals and peeled or cut vegetables. Companies in the industry also use dried and dehydrated ingredients to manufacture dessert mixes, flavouring powders and processed eggs.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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