Navigation Links
Cereal Production in Canada Industry Market Research Report from IBISWorld Has Been Updated
Date:7/19/2014

New York, NY (PRWEB) July 19, 2014

Conflicting trends over the past five years hampered the Cereal Production industry. Wary of the economy, many turned to cereal as an inexpensive breakfast option. In 2009, however, revenue dropped due to a flood of US imports, followed by the consumer shift to pricier breakfasts as disposable incomes recovered. Moreover, as people returned to work they had less time to prepare breakfast. Instead, Canadians opted to buying food at cafes or coffee shops, decreasing demand for cereal. However, by 2012, households had evened out spending to include branded and more expensive healthy cereals. This trend is expected to lift revenue in 2014. Overall, revenue is expected to fall over the five years to 2014.

According to IBISWorld Industry Analyst Britanny Carter, “profit has proved volatile over the past five years due to fluctuations in commodity prices.” For example, the price of wheat dropped in 2009 only to surge over 2011. Other major industry inputs, including barley, sugar and corn, experienced similar price jumps due to supply shocks. Although unable to fully pass on these cost hikes to price-conscious consumers, industry profit margins are expected to grow slightly due to improved demand conditions for price-premium cereal. Moreover, smaller operators that have been unable to turn a profit have exited the industry. Consequently, the number of cereal production companies is expected to decline over the five years to 2014.

Over the next five years, recovering disposable income will encourage consumers to purchase brand-name, high-end cereal, which is expected to improve industry returns. “In addition, more Canadians will purchase organic and whole-grain cereal options due to growing health trends,” says Carter. Growth will be limited, however, by rising competition from substitutes, such as yogurt parfaits and breakfast sandwiches. Consumers are expected to eat out for breakfast more frequently as higher employment levels tighten schedules, tempering demand for industry products. Revenue is therefore expected to grow by 2019. Though input prices will continue to pressure profit, prices will rise at a slower rate and demand for price-premium cereals will offset any purchase cost increases over the period.

For more information, visit IBISWorld’s Cereal Production in Canada industry report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Friend IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld industry Report Key Topics

This industry acquires raw materials, such as corn, wheat, flour, sugar, malt extract, rice and salt from various sources, and processes these ingredients into ready-to-eat cereal, granola cereal (except bars and clusters) and hot cereal. It also purchases raw materials such as plastic and paperboard containers from other manufacturers for packaging purposes. The finished breakfast cereals are subsequently sold to grocery wholesalers, retailers and food service providers.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
Globalization & Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Barriers to Entry
Major Companies
Operating Conditions
Capital Intensity
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognized as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every US and Canadian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Los Angeles, IBISWorld serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.

Read the full story at http://www.prweb.com/releases/2014/07/prweb12029688.htm.


'/>"/>
Source: PRWeb
Copyright©2014 Vocus, Inc.
All rights reserved

Related medicine news :

1. A new, super-nutritious puffed rice for breakfast cereals and snacks
2. American Chemical Society podcast: New super-nutritious puffed rice for breakfast cereals, snacks
3. Gluten-Free Products Market By Type (Bakery & Confectionery, Snacks, Breakfast Cereals, Baking Mixes & Flour, Meat & Poultry Products), Sales Channel (Natural & Conventional) & Geography — Global Trends & Forecasts To 2018
4. New Vi Crunch Super Protein Cereal Gives a Body by Vi Champion a Healthy Fast Food Option
5. Climate Change May Cut Cows Milk Production in South
6. Study Uses Stem Cells to Boost Red Blood Cell Production
7. Alzheimer protein seems to slow down neurotransmitter production
8. New form of brain plasticity: Study shows how social isolation disrupts myelin production
9. Benefit6 Whole Body Protection, a New Product by I Do Strive LLC, Provides Increased Energy Production According to Recent Studies
10. Tellurex Corporation Launches Production of its Alternative Energy Thermoelectric Power Generator - tPOD1™
11. Dreamcloud Productions Says New Sound-Reducing Sleep Mask May Be World’s Best Sleep Aid
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:8/23/2017)... ... August 23, 2017 , ... Virsys12, ... strategic growth plans, announcing the hiring of Kevin Keelan as a Senior Account ... seasoned sales manager, Keelan will be working with Virsys12 senior leadership to extend ...
(Date:8/22/2017)... ... August 22, 2017 , ... ... of unique masks and serums that perfectly fuse the beauty of naturally derived ... the 2017 Indie Beauty Expo on August 23rd & 24th in New York ...
(Date:8/22/2017)... ... August 22, 2017 , ... ... the addition of Zack Tisch as the firm’s new Consulting Services Executive. Mr. ... consulting firm’s national accounts, from assisting clients with initial vendor selection and pre-implementation ...
(Date:8/22/2017)... DFW Metroplex, TX (PRWEB) , ... August 22, 2017 , ... Five Star Glass is ... They provide repair and replacement of auto glass for most makes and models, in ... area in the USA. , They have been a family owned business for the ...
(Date:8/22/2017)... ... , ... “Covert Awakening”: Walid’s spiritual journey from Islamic terrorist ... a consultant for the Intelligence Community. For more than ten years, she ... region. Julianne has written hundreds of reports for the US government analyzing ...
Breaking Medicine News(10 mins):
(Date:8/4/2017)... , Aug. 4, 2017 The search ... shortly after a physician/patient consult has long been the ... was a notable focus of the largest meeting of ... according to healthcare market research firm Kalorama Information.  The ... testing (POCT) offerings or related supplies and software were ...
(Date:8/3/2017)... -- Opioid addiction and other drugs of abuse, blood poisoning ... outcomes, were problems taken on directly as laboratory professionals, ... them, met this week. This according to Kalorama Information. ... abuse, procalcitonin and acute kidney injury were key focuses ... in San Diego, CA.  Mechanisms ...
(Date:8/2/2017)... and BENTON, Ky. , Aug. 2, 2017   Marshall County ... its environmental services (ES) team to proactively reduce the risk of hospital-acquired infections (HAIs). The ... disinfection robot that uses UVC light energy to kill deadly pathogens such as C. ... Tru-D SmartUVC ... Tru-D in action in ...
Breaking Medicine Technology: