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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 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
$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 Key Buyers Chapter

The Syrup and Flavouring Production industry is highly concentrated, with the industry's two largest companies generate about 80.0% 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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