2012-10-24 16:26:00 - New Food market report from Business Monitor International: "Canada Food & Drink Report Q4 2012"

Canadian consumers leveraged up during the global downturn in 2008-09, which helped to underpin consumption and the economy as a whole. Now, the debt overhang threatens to curb consumption growth. We are forecasting relatively weak real private consumption growth of 1.9% in 2012 and 2.0% in 2013. Households will continue to restrain expenditure amid stretched balance sheets, and while income growth remains subdued. Furthermore, the national housing market could be due a correction, with prices gains among the highest in the developed world over the past four years, and mortgage conditions tightening.

Headline Industry Data (local currency)

* 2012 per capita food consumption value = +1.9%; forecast to 2016 = +7.7%
* 2012 alcoholic drink value sales = +4.1%; forecast to

2016 = +24.1%
* 2012 soft drink value sales = +5.1%; forecast to 2016 = +21.8%
* 2012 mass grocery retail value sales = +3.6%; forecast to 2016 = +16.3%


Full Report Details at
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Key Company Trends And Developments

McCain Signs Deal To Acquire CelaVita: In July 2012, Canada-based frozen foods company McCain signed a deal to acquire Netherlands-based chilled potato producer CelaVita, a subsidiary of Dutch firm Bieze Food GroupMcCain Foods Holland. The deal will enable McCain to acquire the CelaVita and La Menute brands. Moreover, the deal is expected to fortify McCain's core potato business.

Target Entry: In July 2012 it was revealed that US-based retailer Target Corp is to recruit as many as 27,000 people in Canada including 300 new staff for its Canadian headquarters in Mississauga. The company is to enter Canada in 2013 and plans to open 125-135 new stores across the country. Around US$10mn-11mn will be spent by Target to remodel each store, with the majority opening in 2013.

Key Risks To Outlook

EU And Chinese Slowdown: With the US recovery seemingly on a steady trajectory, the biggest risk by far is the potential for a eurozone breakup, which would threaten the Canadian economy across the board, from business confidence, to trade, to financial markets. A major slowdown in China would negatively impact commodity prices, hurting Canadian terms of trade.

Partial Table of Contents:

SWOT Analysis
- Canada Food Industry SWOT
- Canada Drink Industry SWOT
- Canada Mass Grocery Retail Industry SWOT
Business Environment
- BMI's Core Global Industry Views
- Table: Core Views
- Macroeconomic Outlook
- Table: GDP By Expenditure, 2008-2016
Industry Forecast Scenario
- Consumer Outlook
- Food
- Food Consumption
- Table: Food Consumption Indicators - Historical Data & Forecasts, 2009-2016
- Confectionery
- Table: Confectionery Value/Volume Sales - Historical Data & Forecasts, 2009-2016
- Prepared Food
- Table: Canned Food Value/Volume Sales - Historical Data & Forecasts, 2009-2016
- Processed Fish
- Table: Fish Volume Sales, Production & Trade, 2009-2016
- Frozen Fruit & Vegetables
- Table: Frozen Fruit & Vegetables Volume Sales, Production & Trade, 2009-2016
- Oils & Fats
- Table: Oils & Fats Volume Sales, Production & Trade, 2009-2016
- Drink
- Alcoholic Drinks
- Table: Alcoholic Drinks Value Sales - Historical Data & Forecasts, 2009-2016
- Table: Alcoholic Drinks Volume Sales, Production & Trade, 2009-2016
- Hot Drinks
- Table: Hot Drink Value Sales - Historical Data & Forecasts, 2009-2016
- Soft Drinks
- Table: Soft Drinks Value Sales - Historical Data & Forecasts, 2009-2016
- Mass Grocery Retail
- Table: Mass Grocery Retail Value Sales By Format - Historical Data & Forecasts
- Table: Mass Grocery Retail Sales By Retail Format Type (%)
- Trade
- Table: Trade Indicators - Historical Data & Forecasts, 2009-2016
Food
- Key Industry Trends And Developments
- McCain Signs Deal To Acquire CelaVita
- Saputo FY Earnings Impacted By Stagnant Cake Sales
- Agropur And Agrifoods To Continue With Yoplait Manufacture
- US Groups Strengthen Presence In Canada
- Maple Leaf Net Earnings Rise More Than Twofold In 2011
- Investment In Capacity
- Interest In Healthy Alternatives
- Food Industry Restructuring
- North American Dairy Consolidation
- Market Overview
- Food Consumption
- Food Processing
- Confectionery
- Dairy
Drink
- Key Industry Trends And Developments
- Molson Coors Looks To New Products To Drive Sales
- Growing Wine Consumption Prompts Financial Manoeuvring At Magnotta
- Corby Offloads 17 Brands To Sazerac; Firms Pursue Contrasting Strategies
- Soft Drinks Companies Reveal Calorie Count
- Growth Of Coffee Capsules
- Market Overview
- Alcoholic Drinks
- Hot Drinks
- Soft Drinks
Mass Grocery Retail
- Key Industry Trends And Developments
- Contrasting Performance For Incumbents
- Target To Enter In 2013
- Couche-Tard Aims To Expand Into Europe
- Walmart Ramping Up Expansion
- Sobeys Continues To Record Positive Figures; Expanding In Convenience
- Market Overview
- Main Players
- Table: Annual Average Value Of Sales By Format, 2010
Competitive Landscape
- Key Players
- Table: Key Players In Canada's Food Sector
- Table: Key Players In Canada's Drink Sector
- Table: Key Players In Canada's Mass Grocery Retail Industry
Company Monitor
- Food
- Saputo
- George Weston Ltd
- Maple Leaf Foods
- Drink
-

Full Table of Contents is available at:
-- www.fastmr.com/catalog/product.aspx?productid=479387&dt=t

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