Breweries in Canada - Market Research Report (2014-2029)
New York, United States
Last Updated: June 2024
NAICS 31212CARevenue
$6.9bn
Past 5-Year Growth
Profit
$X.Xbn
Employees
18,044
Businesses
1,376
Wages
$X.Xbn
Breweries in Canada industry analysis
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%.
Trends and Insights
- Locally brewed craft beers are popular among consumers, fueling new opportunities for small breweries. At the same time, shifting consumer tastes have diminished growth perspectives for the traditional light and premium beer brands.
- Canned beer has surged in popularity. In addition to its lower transportation costs, many premium brands come in canned varieties.
- 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 United States.
- 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 beverage producers that dominate the Canadian market.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has declined at a CAGR of 2.3 % over the past five years, to reach an estimated $6.9bn in 2024.
Trends and Insights
International conglomerates have grown to dominate beer sales
- Major international brewing companies Anheuser-Busch InBev and Molson Coors have either acquired or merged with large North American brewers that historically represent a large group of domestically-owned and operated brands.
- Additional trends and insights available with purchase
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Successful craft breweries will gain some brand recognition
- The influx of craft breweries over the past decades will likely continue, but the successful operations from years past will reach stabler grounds, finding greater brand recognition across the country.
Biggest companies in the Breweries in Canada
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Molson Coors Beverage Company | 1,638.1 | 26.2 | 1.6 | |
Anheuser-Busch InBev SA/NV | 1,186.8 | 293.8 | 24.8 | |
Moosehead Breweries Limited | 101.2 | N/A | N/A |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Breweries in Canada
Products & Services
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.
Trends and Insights
Canned beer is less expensive to ship, keeping prices low
- Canned beer is less expensive to transport for producers because aluminum is a far lighter material than glass, which reduces the cost of transportation. Compared with glass, aluminum is also relatively inexpensive.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Soda Production in Canada
- Bottled Water Production in Canada
- Juice Production in Canada
- Distilleries in Canada
Complementors
- Beer, Wine & Liquor Stores in Canada
International industries
- Global Beer Manufacturing
- Breweries in the US
- Craft Beer Production in the US
- Beer Manufacturing in Australia
- Beer Manufacturing in New Zealand
Table of Contents
About this industry
Industry definition
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.
What's included in this industry?
Canned beer productionBottled beer productionDraught beer productionNonalcoholic beer productionCompanies
Molson Coors Beverage CompanyAnheuser-Busch InBev SA/NVMoosehead Breweries LimitedPurchase this report to view all 3 major companies in this industry.
Related Terms
CRAFT BEERHYDROMETERADJUNCTSLAUTERINGNANOBREWERYIndustry Code
NAICS 312120 - Breweries in Canada
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
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...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Canned beer has surged in popularity. In addition to its lower transportation costs, many premium brands come in canned varieties.
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
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...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each province
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each province in 2024
- Number and share of revenue each province accounts for in 2024
- Number and share of wages each province accounts for in 2024
- Number and share of employees in each province in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
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.
Analyst insights
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...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
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...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of Molson Coors Beverage Company's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Anheuser-Busch InBev SA/NV's performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Moosehead Breweries Limited's performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for Molson Coors Beverage Company, and factors influencing its performance in the industry
- Description and key data for Anheuser-Busch InBev SA/NV, and factors influencing its performance in the industry
- Description and key data for Moosehead Breweries Limited, and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
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...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
The largest, multinational breweries have sizably wider profit margins than small-scale, craft breweries. Because international conglomerates dominate scales, industry margin...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Assets (2017-2022)
- Liabilities (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Canada include:
- Statistics Canada
- Industry Canada
- Canadian Business Patterns
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:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Breweries industry in Canada in 2024?
The market size of the Breweries industry in Canada is $6.9bn in 2024.
How many businesses are there in the Breweries in Canada industry 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.
Has the Breweries industry in Canada grown or declined over the past 5 years?
The market size of the Breweries industry in Canada has been declining at a CAGR of 2.3 % between 2019 and 2024.
What is the forecast growth of the Breweries industry in Canada over the next 5 years?
Over the next five years, the Breweries industry in Canada is expected to grow.
What are the biggest companies in the Breweries market in Canada?
The biggest companies operating in the Breweries market in Canada are Molson Coors Beverage Company, Anheuser-Busch InBev SA/NV and Moosehead Breweries Limited
What does the Breweries in Canada include?
Canned beer production and Bottled beer production are part of the Breweries industry.
Which companies have the highest market share in the Breweries in Canada?
The company holding the most market share in Canada is Molson Coors Beverage Company.
How competitive is the Breweries industry in Canada?
The level of competition is high and increasing in the Breweries industry in Canada.
