Industry Analysis & Industry Trends
During the past five years, consumers have shifted their preferences toward value products as disposable income growth slowed and pressured the industry's revenue. In addition, escalating world demand for major commodities like wheat and aluminum has caused the prices of these inputs to rise and dampen profit. Over the next five years, revenue is expected to rise only marginally as a continued strengthening of the loonie contributes to poor trade performance... purchase to read more
Industry Report - Industry Products Chapter
According to statistics from the Brewers Association of Canada, the majority of domestic beer is sold in bottles. About 48.0% of the volume of beer sold was in bottles. During the past five years, however, IBISWorld observed a shift away from bottled beer consumption. As a result, this segment has contracted.
Brewers Association statistics show that about 44.0% of beer was sold in cans. Consumers are increasingly drinking beer out of cans, which has caused this product segment to expand as a share of revenue. This may be due to innovative canned beer technologies, such as Molson Coors' cold-activated indicator of canned beer temperature... purchase to read more