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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

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
$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 - Starting a New Business Chapter

The technology required for production has become relatively advanced during the past few decades, so substantial capital requirements and in-depth knowledge of processing efficiencies are necessary to enter the industry. Also, research and development requires significant investment in a laboratory with related machinery.

There is also a limit to the extent that new producers can compete due to the strong competitive position of the incumbent firms. These companies have well established, well recognized brands and established relationships with bottlers. In many cases, beverage base manufacturers are significant shareholders in bottlers... 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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