The market is dominated by foreign suppliers, as imports account for 74.2% of total market size in 2022. B2B drives market demand, with B2B spending representing 89.7% of total demand in 2022. Canada has the 14th largest market size for starches and starch products across the top 20 developed countries, with demand reaching USD1.0 billion in 2022. Ingredion Canada Inc is the largest company in Canada, generating 21.7% of the industry’s total production value in 2022. The industry is fragmented, with the top three companies generating 22.2% of total production value in 2022. The total number of companies remains unchanged in 2022. The costs of the industry increase by 19.8% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 3.4% of production value in 2022, the 20th highest across the top 20 developed countries. The industry’s exports share increases in 2022 to 58.2% of total production output. With production value of USD542 million, Canada accounts for 4.5% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Starches and Starch Products in Canada: ISIC 1532. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Starches and Starch Products in Canada: ISIC 1532 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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