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

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
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 Key Buyers Chapter

The Syrup and Flavouring Production industry is highly concentrated, with the industry's two largest companies generate about 44.8% of total annual industry revenue. The largest companies, Kerry Group PLC and Sensient Flavors Canada, are multinational corporations with diversified and globalized syrup and flavouring production operations. Meanwhile, the remaining industry players tend to have a niche product focus and sell exclusively in North America. The industry is expected to gradually consolidate as downstream food and beverage manufacturers also consolidate in order to maximize production efficiencies... 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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