Last year we took a look at market opportunities in the men's grooming sector. Recent information suggests that male grooming products will continue to grow in popularity. An article from Strategy Online cites predictions that the world's male grooming product market will grow from USD $57.7 billion in 2017 to $78.6 billion in 2023. That's … Continue reading Growth expected in men’s grooming sector
A look at potential market growth opportunities in Canada's dairy sector. The Canadian Dairy Information Centre states that Canada's dairy market currently ranks as the second strongest market within the Canadian agriculture sector. As per recent reports from The Globe and Mail, the market is very much an 'inelastic commodity' which has allowed its farmers … Continue reading A brief on Canada’s dairy sector.
The bean to bar trend has spurred specific equipment needs for the Canadian market. According to Agricultural and Agri-Foods Canada’s 2012 report, the chocolate confectionery industry had shrunk in terms of employee numbers, but sales, export, and import volumes were steadily increasing. (The closure of Hershey's Smith Falls, Ontario factory in 2009 was a key … Continue reading Bean to bar: the chocolate industry in Canada
Awareness of Canadian food and beverage trends and changing consumer preferences can help industry exporters better target their marketing and sales in Canada. According to Restaurants Canada, total food service sales in Canada are projected to reach $88.7 billion in 2018, with millennials as the key drivers of growth. The hottest trends that consumers are … Continue reading The hottest food & beverage trends in Canada.
Particularly with food products - where the market is staggeringly abundant with choices - private label with big brands provides a good opportunity for sales volume, ease of market entry, and building relationships with retailers. Canadian Grocer's July 2018 article "The Rising Power of Private Label" indicates that private label store brands are rising in popularity, … Continue reading Private label food opportunities in the Canadian market.