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March 2, 2020

Canada’s Avena Foods lines up new oat mill

Canadian gluten-free oats producer Avena Foods has announced plans to build a new processing facility in the country.

Canadian gluten-free oats producer Avena Foods has announced plans to build a new processing facility as it looks to meet demand for plant-based products.

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What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
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The company said last week it will begin construction of a new facility this spring at a cost of CAD20m (US$14.9m). The site, in Rowatt, Saskatchewan, is scheduled to open in 2021.

The Rowatt facility will work in tandem with Avena’s existing oat mill in Regina and will “more than double” the current production capacity, Avena said.

“This expansion builds on the achievements of the pedigree seed farmers who founded Avena,” said Gord Flaten, the chief executive of Avena Foods. “We look forward to the benefits it will provide our customers, local farmers, and staff. We would like to thank the government of Saskatchewan and the Rural Municipality of Sherwood for their support as we begin this new chapter.”

Avena has three locations on the Canadian prairies processing gluten-free Avena Purity Protocol oats and Avena Best pulse ingredients.

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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