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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 | May 2014

Bittersweet medley: Import competition and healthy eating trends will hurt revenue

IBISWorld’s Syrup & Flavouring Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$129m
Annual Growth 09-14
-2.1%
Annual Growth 14-19
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Profit
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Employment
306
Businesses
24
Industry Analysis & Industry Trends

Revenue for the Syrup and Flavouring Production industry has declined in the past five years as downstream industries have consolidated, demanding fewer products. Over the next five years, revenue will continue to decline, though at a slower rate, due to undercutting imports and healthy-eating trends that discourage high sugar consumption... 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 $0.10 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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