"Canada Food & Drink Report Q4 2015" now available at Fast Market Research

From: Fast Market Research, Inc.
Published: Wed Oct 07 2015


The collapse in global oil prices will see Canada's energy-related fixed investment fall and unemployment rise, which will hurt household spending levels this year and next. Our latest oil-price revisions have prompted us to downgrade Canada's real GDP growth forecast from 2.1% to 1.5% in 2015. Canadian households will - on balance- benefit from the decline in fuel prices, adding to their disposable income and limiting the downside to private consumption growth in the next two years. However, we have lowered our 2015 real private consumption growth forecast from 2.5% to 1.8%, as business sentiment and hiring expectations have moved decidedly lower.

Headline Industry Forecasts (local currency)

2015 per capita food consumption growth = +1.5% year-on-year (y-o-y); forecast compound annual growth rate (CAGR) 2014 to 2019 = +1.5%;
2015 alcoholic drink sales growth = +3.8% y-o-y; forecast CAGR 2014 to 2019 = +4.2%;
2015 soft drink sales growth = +4.2% y-o-y; forecast CAGR 2014 to 2019 = +4.1%;
2015 mass grocery retail sales growth = +3.6% y-o-y; forecast CAGR 2014 to 2019 = +3.5%.

Full Report Details at
- http://www.fastmr.com/prod/1055767_canada_food_drink_report_q4.aspx?afid=302

Key Industry Trends And Developments

Local Food Fund Provides Ontario Investment: It was reported in June 2015 that the government of the Canadian province of Ontario will invest around CAD5.2mn (USD4.16mn) in food projects to promote local food production, through its Local Food Fund. The investment is part of Ontario's plan to boost consumer awareness and access to locally produced food and beverages, grown and produced in the province. Ontario-based VG Meats and Longo Brothers Fruit Markets will receive CAD948,025 (USD758,472.4) and CAD446,138 (USD356,888) respectively from the government. The Local Food Fund will also support 12 other local food projects.

The Canada Food & Drink Report features BMI Research's market assessment and independent forecasts for food and drink expenditure, consumption, sales, and imports/exports and forecasts for the mass grocery retail sector. The report also includes analyses of major regulatory developments, the background macroeconomic outlook and competitive landscape comparing national and multinational companies by leading products and services, sales, investments, partners and expansion strategies.

BMI's Canada Food & Drink Report provides industry professionals and strategists, sector analysts, business investors, trade associations and regulatory bodies with independent forecasts and competitive intelligence on the food and drink industry and the mass grocery retail market in Canada.

Key Benefits

* Benchmark BMI's independent food and drink industry forecasts for Canada to test other views - a key input for successful budgeting and strategic business planning in the Canadian food and drink market.
* Target business opportunities and risks in Canada

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
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Contact Phone: 1-413-485-7001

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