Canada Beverage Industry Outlook 2022 - 2026

Key Market Indicators

Export of alcoholic drinks from Canada is expected to reach $1.3 billion by 2026, up from $1.2 billion in 2021, showing a 1.5% year-on-year growth rate. Since 1994, Canadian supply has increased by an average of 5.3% a year. Import of alcoholic drinks to Canada is expected to reach $5.7 billion in 2026, up from $5.2 billion in 2021, with a 1.5% year-on-year growth rate. Since 1994, Canadian demand has grown by an average of 2.2% a year. Canada was the fifth largest importer in 2021, with China taking the top spot with $5.2 billion. The UK, Germany, and China were ranked second, third and fourth respectively. Sales of alcoholic drinks in Canada are expected to reach $29.9 billion in 2026, up from $28.4 billion in 2021, with an average growth rate of 0.8% year-on-year. Since 1995, the Canadian market has grown by 1.8% a year. In 2021, Canada was the thirteenth largest market, with South Korea overtaking them with $28.4 billion. Japan, Germany and the UK were ranked second, third and fourth respectively.

Canada Beverage Market Data and Forecasts

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• Soft Drinks: Navigating the Market Dynamics of Top Beverage Contenders

  In the soft drinks industry, certain companies have long asserted their dominance. Major players, such as The Coca-Cola Company, PepsiCo, and Nestlé, enjoy global recognition and a significant market share. They have a broad product lineup, from carbonated beverages to juice drinks, fortified with marketing efforts that target various consumer...

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• Alcoholic Drinks: Navigating Brewery Innovations and Liquor Production Techniques

  Shifting consumer preferences and fierce competition have driven the brewing industry towards innovation. Sophisticated practices in beer-producing techniques, unique flavors and craft-style brewing have been incorporated to meet evolving demands. Sustainability is another crucial facet of the industry's innovation, with many breweries employing eco-friendly processes and packaging. Furthermore, automation and...

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• Alcoholic Drinks: Unveiling the Dominance and Impact of Constellation Brands

  Constellation Brands stands as a key player in the alcoholic beverage market, having a vast portfolio of brands spread across wine, beer, and spirits categories. This multinational company has managed to leverage successful marketing strategies, strategic acquisitions, and partnerships, thus securing its strongholds in multiple markets and demographics. It is...

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• Beverage Sector: Diving Deep into Juice and Energy Drinks Market Sizes

  Nourishing consumer interest in health-centric beverages, juice and energy drink markets have witnessed stable growth. Consumers’ increasing awareness concerning the health benefits of natural and organic juices, devoid of artificial additives, has proven to be a significant growth factor for the juice industry. On the other hand, driven by an...

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