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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 2016

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

The Syrup & Flavouring Production market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$150m
Annual Growth 11-16
-0.3%
Annual Growth 16-21
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Profit
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Employment
415
Businesses
38
Industry Analysis & Industry Trends

The Syrup and Flavouring Production industry manufactures beverage bases (e.g. concentrates and fountain syrups) and other flavouring syrups. The majority of industry products are used in the downstream manufacturing of finished beverages; consequently, the Soda Production industry (IBISWorld report 31211aCA) is a major buyer of industry products. Demand from downstream manufacturers has declined in recent years, as many food and beverage producers have consolidated and begun producing syrups and flavourings in-house. Nevertheless, the weakness of the Canadian dollar against the US dollar has made domestic products relatively inexpensive, expanding the industry's export market... purchase to read more

Industry Report - Industry Analysis Chapter

The Syrup and Flavouring Production industry in Canada is struggling due to decreasing demand from beverage producers. Industry companies produce flavouring syrups and beverage base concentrates, which are generally component products used by individuals or third-party manufacturers to make other goods. As such, demand for industry products is inexorably linked to demand for goods for which industry products are a component. Industry products that are not sold to third-party manufacturers and fountain drink resellers include syrups used for flavouring drinks at home (e.g. “pump” syrups used to flavour coffee and Italian sodas) or for topping ice cream and other desserts... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Syrup & Flavouring Production Industry?

This industry primarily manufactures drink concentrates, flavouring syrup and related products for beverage manufacturers, 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 basesFountain soft drinksOther flavouring agents
 
Industry Activities
Beverage base productionBeverage concentrate productionFlavouring productionFruit syrup production


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