Margarine & Cooking Oil Processing in Canada
The Margarine and Cooking Oil Processing industry in Canada grew over the past five years as companies expanded operations into Canada and demand for industry products rose. Growth over the past five years has indicated growing demand for margarine, vegetable oils, shortenings and other innovative industry products. The versatility of soybeans, canola and corn has enabled the industry to continuously innovate its products and keep up with trends in consumption. Health trends are expected to increasingly influence the decisions consumers make in the future, particularly impacting fellow food manufacturers that want to purchase premium oils to advertise the health benefits of their products. Volatility in both revenue and profit is anticipated over the next five years as commodity prices fluctuate from weather and other agricultural concerns.
Operators in this industry produce cooking oil, shortening and margarine. Activities include wet-milling corn and vegetables, crushing oilseeds and tree nuts, refining and blending cooking oils and blending purchased animal fats with vegetable fats.
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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