Overview of the food and beverage processing industry (2024)

  • In 2022, the food and beverage processing industry was the largest manufacturing industry in Canada in terms of value of production with sales of goods manufactured worth $156.5billion; it accounted for 18.2% of total manufacturing sales and for 1.7% of the national Gross Domestic Product (GDP). It's also the largest manufacturing employer and provides employment for 300,000Canadians.
  • It supplies approximately 70% of all processed food and beverage products available in Canada and is the largest buyer of agricultural production.
  • Exports of processed food and beverage products stood at a record value of $54.3billion in 2022, an increase of 14.1% over 2021; accounting for 34.7% of production value.
  • Canadian processed food and beverage products are exported to almost 200countries with a significant proportion exported to a few countries. In 2022, 87% of the total went to three major markets:
    • United States (77%)
    • China (6%)
    • Japan (4%)
  • During the last five years, exports of processed food and beverage products grew at an average annual rate of 9.2%. Meanwhile, imports grew at an annual rate of 6.3% during the same period reaching $45billion in 2022. It resulted in a significant improvement in the trade balance. That is, from a balance of $2billion in 2017 to a trade balance of $9.4billion in 2022. Food manufacturing (excluding beverage) has maintained a positive trade balance over the last twenty years, which stood at $14.8billion in 2022. Beverage manufacturing on the other hand, had a growing negative trade balance since 1997, which stood at $6.6billion in 2022.
  • The largest food and beverage processing industry is meat product manufacturing with sales of $38.5billion in 2022 and accounting for 25% of sales. Grain & oilseed milling is the second largest industry with sales of $20.3billion, followed by dairy product manufacturing with sales of $17.4billion.

    Other industries include:

    • other food manufacturing ($16.4billion)
    • bakeries and tortilla manufacturing ($16billion)
    • beverage manufacturing ($14.9billion)
    • animal food manufacturing ($11.9billion)
    • fruit and vegetable preserving, and specialty food manufacturing ($10.1billion)
    • seafood product preparation and packaging ($5.9billion)
    • sugar and confectionery product manufacturing ($5.2billion)
  • Although food processing is important to the economies of all provinces, Ontario and Quebec account for most of the production with approximately 60% of sales, British Columbia and Alberta account for 24% and the remaining provinces, over 16%.
  • Meat product manufacturing is the most significant food industry in Quebec, Ontario, Manitoba, Alberta, beverage manufacturing is the most important sub-sector in British Columbia; grain and oilseed milling is the largest food industry in Saskatchewan; while seafood product preparation and packaging is the most significant in New Brunswick, Nova Scotia and Newfoundland.
  • Approximately 8,500food and beverage processing establishments with employees exist in Canada, with the vast majority being small businesses. Of those, about 92% have less than 100employees, 8% have between 100and 500employees, while less than 1% of establishments have more than 500employees.
Overview of the food and beverage processing industry (2024)
Top Articles
The Risk of Poor Man's Estate Planning: 10 Common Mistakes
Trip Cancellation Coverage for COVID-19
Greedfall Console Commands
Math Playground Protractor
Ati Capstone Orientation Video Quiz
Wmlink/Sspr
Tripadvisor Near Me
General Info for Parents
Meritas Health Patient Portal
My.tcctrack
Aldi Süd Prospekt ᐅ Aktuelle Angebote online blättern
Webcentral Cuny
St Clair County Mi Mugshots
Like Some Annoyed Drivers Wsj Crossword
Nesb Routing Number
Rek Funerals
Keyn Car Shows
Obituaries, 2001 | El Paso County, TXGenWeb
Lilpeachbutt69 Stephanie Chavez
Select The Best Reagents For The Reaction Below.
Uncovering the Enigmatic Trish Stratus: From Net Worth to Personal Life
950 Sqft 2 BHK Villa for sale in Devi Redhills Sirinium | Red Hills, Chennai | Property ID - 15334774
Mawal Gameroom Download
Puffin Asmr Leak
Obsidian Guard's Skullsplitter
Package Store Open Near Me Open Now
417-990-0201
Colin Donnell Lpsg
The Venus Flytrap: A Complete Care Guide
Worlds Hardest Game Tyrone
Appleton Post Crescent Today's Obituaries
Ixl Lausd Northwest
Moses Lake Rv Show
Selfservice Bright Lending
Truckers Report Forums
Tenant Vs. Occupant: Is There Really A Difference Between Them?
Domino's Delivery Pizza
Directions To 401 East Chestnut Street Louisville Kentucky
manhattan cars & trucks - by owner - craigslist
Mathews Vertix Mod Chart
Swoop Amazon S3
Ups Authorized Shipping Provider Price Photos
Holzer Athena Portal
Big Brother 23: Wiki, Vote, Cast, Release Date, Contestants, Winner, Elimination
Naomi Soraya Zelda
Bama Rush Is Back! Here Are the 15 Most Outrageous Sorority Houses on the Row
Zadruga Elita 7 Live - Zadruga Elita 8 Uživo HD Emitirani Sat Putem Interneta
Peugeot-dealer Hedin Automotive: alles onder één dak | Hedin
Ssss Steakhouse Menu
Latest Posts
Article information

Author: Nathanial Hackett

Last Updated:

Views: 5314

Rating: 4.1 / 5 (52 voted)

Reviews: 83% of readers found this page helpful

Author information

Name: Nathanial Hackett

Birthday: 1997-10-09

Address: Apt. 935 264 Abshire Canyon, South Nerissachester, NM 01800

Phone: +9752624861224

Job: Forward Technology Assistant

Hobby: Listening to music, Shopping, Vacation, Baton twirling, Flower arranging, Blacksmithing, Do it yourself

Introduction: My name is Nathanial Hackett, I am a lovely, curious, smiling, lively, thoughtful, courageous, lively person who loves writing and wants to share my knowledge and understanding with you.