The market is dominated by domestic suppliers, as imports account for 28.8% of total market size in 2024. Households drive market demand, with household spending representing 92.3% of total demand in 2024. Canada has the sixth largest market size for spirits across the top 20 developed countries, with demand reaching USD8.4 billion in 2024. Corby Spirit & Wine Ltd is the largest company in Canada, generating 6.6% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 17.3% of total production value in 2024. The total number of companies increases in 2024, to 594 units. The costs of the industry decrease by 1.2% in 2024, largely driven by declining B2B costs. The industry’s profitability increases and stands at 11.0% of production value in 2024, the 18th highest across the top 20 developed countries. The industry’s exports share increases in 2024 to 11.9% of total production output. With production value of USD1.8 billion, Canada accounts for 4.3% of the North America total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Spirits in Canada: ISIC 1551. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Spirits in Canada: ISIC 1551 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Food, Beverages and Tobacco in Canada report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Food, Beverages and Tobacco?
- How the Food, Beverages and Tobacco will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Spirits in Canada: ISIC 1551
HEADLINES
MARKET OVERVIEW
Food, Beverages and Tobacco
This is the aggregation of food, beverages, and tobacco products.
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- Understand future opportunities and threats within the industry
- Track demand and supply structure
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