The market is dominated by domestic suppliers, as imports account for 30.2% of total market size in 2020. B2B drives market demand, with B2B spending representing 90.2% of total demand in 2020. Canada has the fifth largest market size for sugar across the top 20 developed countries, with demand reaching USD3.3 billion in 2020. Rogers Sugar Inc is the largest company in Canada, generating 23.4% of the industry’s total production value in 2020. The industry is fragmented, with the top two companies generating 25.7% of total production value in 2020. The total number of companies decreases in 2020, to 3,693 units. The costs of the industry decrease by 3.3% in 2020, largely driven by declining labour costs. The industry’s profitability decreases and stands at 8.6% of production value in 2020, the fifth highest across the top 20 developed countries. With production value of USD1.9 billion, Canada accounts for 12.9% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Sugar in Canada: ISIC 1542. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Sugar in Canada: ISIC 1542 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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