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

. “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.

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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
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