The market is dominated by domestic suppliers, as imports account for 17.4% of total market size in 2022. Households drive market demand, with household spending representing 78.8% of total demand in 2022. Canada has the eighth largest market size for soft drinks across the top 20 developed countries, with demand reaching USD7.6 billion in 2022. Lassonde Industries Inc is the largest company in Canada, generating 25.8% of the industry’s total production value in 2022. The industry is fragmented, with the top four companies generating 26.4% of total production value in 2022. The total number of companies increases in 2022, to 479 units. The costs of the industry increase by 11.9% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 16.4% of production value in 2022, the ninth highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 4.7% of total production output. With production value of USD3.9 billion, Canada accounts for 8.4% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Soft Drinks in Canada: ISIC 1554. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Soft Drinks in Canada: ISIC 1554 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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