$6.9bn
$X.Xbn
18,044
1,376
$X.Xbn
Canadian breweries have evolved in response to changing trends, yet its expansion has stagnated. While the industry has benefited from the popularity of craft beer from local microbreweries, consumers have shifted away from the traditional light and premium beer brands that currently represent most of industry brewers' sales. Navigating the challenging conditions of the COVID-19 pandemic, breweries saw sharp contractions across multiple years. Over the past five years, revenue has been falling at a CAGR of 2.3% and is expected to reach $6.9 billion in 2024 when revenue will rise 1.8%.
Industry revenue has declined at a CAGR of 2.3 % over the past five years, to reach an estimated $6.9bn in 2024.
Market size is projected to grow over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Anheuser-Busch | 3,828.2 | 990.7 | 25.9 | |
Molson Coors | 1,295.2 | 194.3 | 15.0 | |
Moosehead | 219.0 | 53.3 | 24.3 |
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Industry revenue is measured across several distinct product and services lines, including Draught beer, Bottled beer and Canned beer. Draught beer is the largest segment of the Breweries in Canada.
Canned beer is less expensive to ship, keeping prices low
The Breweries industry in Canada produces alcoholic beverages, such as beer and malt liquor as well as nonalcoholic beer, using water, barley, hops, yeast and other occasional adjuncts. Manufacturers of wine, spirits and other alcoholic beverages are not included in this industry.
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NAICS 312120 - Breweries in Canada
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Locally brewed craft beers are popular among consumers, fueling new opportunities for small breweries. At the same time, shifting consumer tastes have diminished growth persp...
Learn about an industry's products and services, markets and trends in international trade.
Canned beer has surged in popularity. In addition to its lower transportation costs, many premium brands come in canned varieties.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
The largest number of Breweries ate located in Ontario. The province is the most populous in Canada and has well-established transit routes for international trade with the U...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
The past decade has seen the influx of hundreds of small-scale, independent craft breweries. Still, the Canadian brewery scene consists of a few major international alcoholic...
Learn about the performance of the top companies in the industry.
The Breweries industry is dominated by large liquor producers that have a global footprint. Molson Coors generates more than half of total industry revenue, followed by Anheu...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The regulation of alcohol production and sales in Canada is stringent. In additional to federal rules, each provincial liquor board establishes retail practices within its bo...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The largest, multinational breweries have sizably wider profit margins than small-scale, craft breweries. Because international conglomerates dominate scales, industry margin...
Including values and annual change:
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Key data sources in Canada include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
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The market size of the Breweries industry in Canada is $6.9bn in 2024.
There are 1,376 businesses in the Breweries industry in Canada, which has grown at a CAGR of 5.8 % between 2019 and 2024.
The market size of the Breweries industry in Canada has been declining at a CAGR of 2.3 % between 2019 and 2024.
Over the next five years, the Breweries industry in Canada is expected to grow.
The biggest companies operating in the Breweries market in Canada are Anheuser-Busch, Molson Coors and Moosehead
Canned beer production and Bottled beer production are part of the Breweries industry.
The company holding the most market share in Canada is Anheuser-Busch.
The level of competition is high and increasing in the Breweries industry in Canada.