The market is dominated by domestic suppliers, as imports account for 39.7% of total market size in 2020. Households drive market demand, with household spending representing 93.4% of total demand in 2020. Canada has the seventh largest market size for wines and cider across the top 20 developed countries, with demand reaching USD9.1 billion in 2020. Constellation Brands Inc is the largest company in Canada, generating 45.2% of the industry’s total production value in 2020. The industry is concentrated, with the top five companies generating 70.9% of total production value in 2020. The total number of companies increases in 2020, to 1,056 units. The costs of the industry decrease by 3.3% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 22.1% of production value in 2020, the highest across the top 20 developed countries. With production value of USD1.2 billion, Canada accounts for 9.7% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Wines and Cider in Canada: ISIC 1552. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Wines and Cider in Canada: ISIC 1552 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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