Juice Production in Canada - Industry Market Research Report

Juice Production in Canada - Industry Market Research Report

  • March 2021 •
  • 50 pages •
  • Report ID: 4563992 •
  • Format: PDF
Main squeeze: The industry will likely experience marginal growth as operators focus on healthier products

Abstract

Juice Production in Canada
The Juice Production industry in Canada has performed sluggishly over the five years to 2018 as a result of unfavourable consumer trends and shifts toward substitute beverages. The industry manufactures a variety of juices from fruits, vegetables or mixtures thereof. Despite a growth in disposable income, which tends to improve demand for discretionary goods such as juice, industry operators were not able to adapt early on in the period to changing consumer preferences related to the awareness of elevated sugar consumption. Heavy external competition from substitute beverages fomented by these unfavourable health trends hurt industry revenue early in the period. The industry is expected to rebound over the next five years. As consumers continue reducing their soft drink consumption, demand for newly marketed juices with lower sugar contents is expected to grow and fuel the expansion of the industry.

This industry manufactures fruit and vegetable juices. This industry excludes carbonated soda producers, independent bottlers and ice makers, as well as producers of functional drinks, ready-to-drink tea and coffee and flavoured water.

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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