The market is dominated by domestic suppliers, as imports account for 43.4% of total market size in 2022. Households drive market demand, with household spending representing 91.0% of total demand in 2022. Canada has the fifth largest market size for wines and cider across the top 20 developed countries, with demand reaching USD10.0 billion in 2022. Vincor International Inc is the largest company in Canada, generating 27.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 49.1% of total production value in 2022. The total number of companies increases in 2022, to 1,066 units. The costs of the industry decrease by 4% in 2022, largely driven by declining B2B costs. The industry’s profitability increases and stands at 22.8% of production value in 2022, the fifth highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 3.2% of total production output. With production value of USD1.2 billion, Canada accounts for 9.1% of the North America total in 2022.
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This Euromonitor industrial report provides unique information on Wines and Cider in Canada: ISIC 1552. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Wines and Cider in Canada: ISIC 1552 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of food, beverages, and tobacco products.
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