SEARCH   
MEMBER LOGIN    

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 is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$144m
Annual Growth 10-15
0.3%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
391
Businesses
20
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 Products Chapter

Liquid beverage bases

The majority of industry revenue stems from producing liquid beverage bases, which are then used by downstream beverage manufacturers as inputs. Downstream consolidation has diminished the market size for liquid beverage bases, however, because many large beverage manufacturers have in-house syrup and flavouring production facilities and, therefore, do not buy many industry products. During the past five years, this segment's share of total industry revenue has contracted as a result.

Fruit syrups

Fruit syrups and extracts are used for flavouring food, beverages and other consumer products, such as lip gloss... 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


View Sample
Quote
Select Clients