The report indicates that Canada continues to be a challenging environment for innovation and growth in the food, beverage and consumer products industry.
A new report by Food & Consumer Products of Canada (FCPC), Canada, is drawing attention to the growing competitiveness challenges of Canada’s food and beverage manufacturing industry. Findings reveal the food, beverage and consumer products industry has been underperforming due to a number of key challenges.
Between 2013-2017, food, beverage and consumer products members’ gross sales grew at an average annual rate of 1.45%, compared to 2.12% in Canada’s real GDP.