Chocolate Production in Canada
Over the five years to 2018, industry demand has been negatively affected by sluggish disposable income growth, increased health consciousness and volatile input prices. However, the industry has benefited from greater demand for premium chocolates and strong export growth. IBISWorld estimates industry revenue will increase over the five years to 2018. Moving forward, persistently sluggish growth in disposable incomes will combine with weaker export growth to limit industry revenue growth.
This industry produces cocoa-based confectionery such as chocolate bars, boxed chocolates and filled and unfilled chocolate blocks. The production of chocolate-covered confectionery, such as chocolate-covered nuts, is also included within industry operations.
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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