Bread Production in Canada
The Bread Production industry in Canada has grown moderately over the five years to 2018, with steadily growing export sales and strong demand for the industry's higher-end varieties partly offset by stagnating domestic consumption of wheat products. Despite major efforts to reinvigorate the bread market, the industry has endured decelerating domestic demand from several key downstream markets during the previous five-year period mainly due to the recent health trends discouraging consumption of bread. Over the five years to 2023, shifts in health consciousness and consumer preferences are likely to continue affecting the industry's product mix, as operators increasingly focus on expanding their portfolio of nutritious, specialty and artisanal breads.
This industry manufactures bread and bakery products, such as cakes, muffins, croissants, pies and other similar baked goods. Operators sell these products to downstream supermarkets, convenience stores and food service providers. Many bakeries also sell their products directly to the public.
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.