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Baking Mix & Prepared Food Manufacturing in Ontario

Author.Name IBISWorld Canada Last Updated: August 2025 NAICS ON31199CA

Baking Mix & Prepared Food Manufacturing in Ontario industry analysis

Revenue for the Baking Mix & Prepared Food Manufacturing industry in Ontario is expected to decline an annualized -x.x% to $x.x billion over the five years to 2025, while revenue for the national industry will likely grow at x.x% during the same period. The number of industry establishments has increased an annualized x.x% to xx locations over the past five years. Industry employment has increased an annualized x.x% to x,xxx workers during the period, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, provincial industry revenue is expected to grow an annualized x.x% to $x.x billion, while revenue for the national industry will likely grow x.x%. The number of industry establishments is forecast to grow x.x% to xx locations over the next five years. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers during the outlook period, while industry wages likely decrease -x% to $x.x million.

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About the Baking Mix & Prepared Food Manufacturing in Ontario Market Research Report

What’s Included in the Baking Mix & Prepared Food Manufacturing in Ontario Market Research Report

Definition of the Baking Mix & Prepared Food Manufacturing in Ontario?

The Baking Mix and Prepared Food Manufacturing industry manufactures perishable prepared foods such as sandwiches, prepared meals and peeled or cut vegetables. Companies in the industry also use dried and dehydrated ingredients to manufacture dessert mixes, flavouring powders and processed eggs.

What’s included in the Baking Mix & Prepared Food Manufacturing in Ontario?

The Baking Mix & Prepared Food Manufacturing in Ontario includes manufacturing perishable prepared foods sold in bulk or packages, not frozen or canned, manufacturing dessert mixes, manufacturing sweetening syrup and molasses, manufacturing baking powder and yeast, manufacturing macaroni and pasta products that are packaged with other ingredients, not frozen or canned, manufacturing dried and dehydrated products, except pasta, packaged with other ingredients, manufacturing liquid, dried and frozen eggs and manufacturing flavouring powders, tablets and paste, including dry mix cocktail. Related terms covered in the Baking Mix & Prepared Food Manufacturing in Ontario industry report includes the amount of time that food, drinks and other perishable items are given before they are considered unsuitable for consumption, any restaurant, hotel or other business where food is prepared for customers for immediate consumption and the phenomenon whereby retailers source merchandise directly from manufacturers, bypassing wholesale distributors.

Industry Performance of the Baking Mix & Prepared Food Manufacturing industry in Ontario

Benchmark the Baking Mix & Prepared Food Manufacturing in Ontario industry performance with all ON Census Metropolitan Area and national performance.

Baking Mix & Prepared Food Manufacturing in Ontario

#1 in Highest Revenue 32.3% of province's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Baking Mix & Prepared Food Manufacturing in Canada


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Baking Mix & Prepared Food Manufacturing industry in Ontario

See how key industry drivers, such as gross domestic product, private investment in non-residential construction, bachelorsed, demand from food manufacturing, consumer price index for food and per capita disposable income are impacting Baking Mix & Prepared Food Manufacturing in Ontario

Ontario Economic Indicators

Gross Domestic Product
Private Investment in Non-Residential Construction
BachelorsEd

View more economic information in ON State Economic profile

Canada Key External Drivers

Demand from food manufacturing
Consumer price index for food
Per capita disposable income

For the full list of industry drivers, see report purchase options.

Census Metropolitan Area Data of the Baking Mix & Prepared Food Manufacturing industry in Ontario

Access proprietary data on Census Metropolitan Area in the Baking Mix & Prepared Food Manufacturing in Ontario, such as Toronto, Ottawa - Gatineau and Kitchener - Cambridge - Waterloo. Data includes figures on revenue, establishments, employees and wages by Census Metropolitan Areas.

Key Statistics of the Baking Mix & Prepared Food Manufacturing industry in Ontario

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Baking Mix & Prepared Food Manufacturing industry in Ontario in 2025?

The market size of the Baking Mix & Prepared Food Manufacturing industry in Ontario is $2.8bn in 2025.

How many businesses are there in the Baking Mix & Prepared Food Manufacturing industry in Ontario in 2025?

There are 63 businesses in the Baking Mix & Prepared Food Manufacturing industry in Ontario, which has been growing at an average annual rate of 0.3% from 2020 to 2025.

Has the Baking Mix & Prepared Food Manufacturing industry in Ontario grown or declined over the past 5 years?

The market size of the Baking Mix & Prepared Food Manufacturing industry in Ontario has been declining at an average annual rate of -1.4% from 2020 to 2025.

How many employees in the Baking Mix & Prepared Food Manufacturing industry in Ontario in 2025?

There are 3,824 employees in the Baking Mix & Prepared Food Manufacturing industry in Ontario, which has been growing at an average annual rate of 0.1% from 2020 to 2025.