Food & beverage economic trends

Applying these strategies can help ride the wave of higher debt and costs and sliding consumer demand.

Dominic Barton shares his insights on global markets and economic issues important to Canada’s agriculture and food and beverage industry.

Global seafood demand started to move back from retail towards foodservice, helping volume shift towards more premium fish like salmon.

In this webinar recording, J.P. Gervais, FCC VP and Chief Economist, examines changes in trends since FCC published its 2022 Food Report and 2022 Beverage Report.

In this recorded event, the FCC Economics team recaps 2022 and presents their forecasts of the economic and financial variables that matter most in 2023 for farm operations, food processors and agribusinesses.

2021 was challenging for fruit, vegetable and specialty food processors as demand softened for canned products and higher production costs ate into margins.

After a difficult 2020, the sugar and confectionery industry had one of its strongest years for revenue growth on record.

Dairy product revenues grew in 2021 but were lower than anticipated due to softer demand.

In the food and beverage mid-year update, manufacturing sales are expected to be moderate into 2023.

In the 2022 foodservice and grocery update, foodservice sales rebound while inflation limits growth opportunities.