Syrup & Flavouring Production in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Syrup & Flavouring Production in Canada Market Research Report | NAICS 31193CA | Jun 2015

Sweet dreams: Export growth will sustain the industry as domestic demand declines

IBISWorld’s Syrup & Flavouring Production market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

The Syrup and Flavouring Production industry has declined in the past five years, partly because downstream food and beverage manufacturers have consolidated and begun to produce industry products in-house. This trend, coupled with healthier dietary trends and declining sugar consumption, has reduced domestic demand for syrups and flavourings. As a result, the industry has increasingly relied on exports, which have grown as the declining value of the Canadian dollar has made domestic products more affordable to foreign buyers. Over the next five years, the changing market will challenge many traditional industry products, leading manufacturers to focus on developing innovative new flavours and products... purchase to read more

Industry Report - Industry Investment Chapter

Industry output per employee has been dramatically increased as the industry has adopted cutting edge technologies to maximize the efficiency of processes from product development to manufacturing. Companies must continue to invest in smarter, faster machinery in order to preserve cost efficiencies, especially on the production floor. Nonetheless, labour-intensive product innovation and design remain key to company success, and companies must also hire and retain high-wage engineers in order to develop new products and maintain an advantage in this competitive industry. Overall, the capital intensity of the industry is low, with companies spending an average of $0.05 on capital for every dollar spent on labour... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Syrup & Flavouring Production Industry?

This industry primarily manufactures soft drink concentrates, syrup and related products for soft drink production or soda fountain use. Establishments primarily producing maple syrup, chocolate syrup, flavouring extracts, powdered drink mixes or soft drinks are excluded from the industry.

Industry Products
Liquid beverage basesFruit syrupsOther flavouring agents
Industry Activities
Beverage base productionBeverage concentrate productionFlavouring productionFruit syrup production

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