"Sales in the food and beverage sector are expected to rise, but largely due to higher prices—not stronger demand. We expect a continued decline in volumes, pointing to constrained household budgets and more cost-conscious consumer behaviour."
"Consumers are really shifting in terms of a health-conscious and cost-conscious way, moving away from traditional products like beer toward alternatives, which reflects a significant change in consumption patterns."
"Capital spending in food and beverage manufacturing fell in 2025, reflecting broader uncertainty tied to trade, geopolitics, and business confidence, leading many companies to take a wait-and-see approach."
Canada's food and beverage manufacturers face rising costs, shifting consumer habits, and global uncertainty, affecting the entire agri-food system. The 2026 outlook is mixed, with sales expected to rise due to higher prices rather than demand. Declining population and constrained household budgets are eroding the consumer base. Margins may improve slightly but remain below pre-COVID levels. Investment in manufacturing fell in 2025, as companies adopt a cautious approach amid trade and geopolitical uncertainties.
Read at Realagriculture
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