Flour Milling in Canada - Industry Market Research Report
Description
Flour Milling in Canada
The Flour Milling industry in Canada has experienced strong growth over the five years to 2023 amid a surge in demand for Canadian flour milling products in 2022 and 2023. The industry includes operators that produce flour products from milling grains, rice millers, and malt manufacturers. Flour is the largest product segment, and heightened demand for Canadian flour has buoyed industry growth. Malt manufacturing has also driven the industry's growth, given that Canada is the second-largest exporter of malt in the world. Overall, industry revenue is expected to expand an annualized 11.4% to $4.7 billion over the five years to 2023. Revenue is forecast to grow 24.2% in 2023 alone as increased demand for gluten-free and specialty flours and the war in Ukraine have all boosted demand for Canadian products.
This industry participates in the following activities: milling grains and vegetables into flour; cleaning, polishing and milling rice; and producing malt from a variety of cereal grains. Industry operators purchase grain inputs such as wheat, corn, barley and rice from wholesalers or directly from growers. They then process them into flour, gluten, starch and malt and sell these products to grocery wholesalers or other food-related industries.
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."
The Flour Milling industry in Canada has experienced strong growth over the five years to 2023 amid a surge in demand for Canadian flour milling products in 2022 and 2023. The industry includes operators that produce flour products from milling grains, rice millers, and malt manufacturers. Flour is the largest product segment, and heightened demand for Canadian flour has buoyed industry growth. Malt manufacturing has also driven the industry's growth, given that Canada is the second-largest exporter of malt in the world. Overall, industry revenue is expected to expand an annualized 11.4% to $4.7 billion over the five years to 2023. Revenue is forecast to grow 24.2% in 2023 alone as increased demand for gluten-free and specialty flours and the war in Ukraine have all boosted demand for Canadian products.
This industry participates in the following activities: milling grains and vegetables into flour; cleaning, polishing and milling rice; and producing malt from a variety of cereal grains. Industry operators purchase grain inputs such as wheat, corn, barley and rice from wholesalers or directly from growers. They then process them into flour, gluten, starch and malt and sell these products to grocery wholesalers or other food-related industries.
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."
Table of Contents
41 Pages
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Pricing
Currency Rates
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