Food & beverage economic trends

Inflation has proven persistent and interest rates are expected to increase into 2022 as the economy makes progress recovering from COVID-19’s impact.

In the food and beverage mid-year update, manufacturing sales are expected to be strong in Q4 with prices remaining elevated.

In the Q4 foodservice and grocery update, we see foodservice sales rebounding as consumers demand convenience.

COVID-19 vaccine rollout and less restrictions create optimism for Canadian and global economies.

The latest outlooks for the 2021 Canadian food and beverage industry show that adapting to consumer beverage preferences is important for growth.

Learn to be ready for any question and have a follow-up plan when doing business at a trade show.

A look at the opportunities and challenges to diversify Canadian food exports using prepared/preserved vegetables and pulses as an example.

This outlook reviews the economic impacts of COVID-19 for the Canadian food manufacturing sector in 2020 and the future.

Monitoring growth opportunities in foodservice, immigration and exports will be essential for bakeries and the tortilla manufacturing sector.

Meat processing sales will start growing again in Q2 2021, but uncertainty exists with prices, trade and economic recovery from the pandemic.