Households drive market demand, with household spending representing 81.8% of total demand in 2020. Starbucks Coffee Canada Inc is the largest company in Canada, generating 2.5% of the industry’s total turnover in 2020. The industry is fragmented, with the top five companies generating 7.7% of total turnover in 2020. The total number of companies decreases in 2020, to 136,545 units. The costs of the industry decrease by 5.7% in 2020, largely driven by declining labour costs. The industry’s profitability increases and stands at 8.1% of turnover in 2020, the 18th highest across the top 20 developed countries. With turnover of USD60.8 billion, Canada accounts for 7.3% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Restaurants and Bars in Canada: ISIC 552. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Restaurants and Bars in Canada: ISIC 552 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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