Tag: Dairy
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Canada’s milk market is getting crowded.
Dairy is big business in Canada. Euromonitor International puts its 2022 value at $3.2 billion (including flavoured milk drinks and powdered milk); by contrast, milks from soy, oat, almond, cashew, and other nuts and plants are only valued at $510.2 million. But according to Canadian Grocer, that is set to change. Plant-based milk increased more…
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Canada’s hottest food & beverage trends for 2019.
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 asking…
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A brief on Canada’s dairy 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…