Canada Savory Snacks Market Overview, 2028

Canada Savory Snacks Market Overview, 2028

The savory snacks market in Canada is a thriving industry that caters to the snacking preferences of Canadian consumers. Savory snacks are a popular choice among Canadians for various occasions, including casual snacking, parties, movie nights, and on-the-go consumption. These snacks are known for their diverse flavors, textures, and convenience. The Canadian savory snacks market offers a wide range of options, including potato chips, tortilla chips, pretzels, popcorn, snack mixes, and more. Both local Canadian brands and international snack brands have a presence in the market, providing consumers with a variety of choices. The demand for savory snacks in Canada is influenced by factors such as changing consumer lifestyles, increasing disposable income, and the growing preference for convenient and ready-to-eat snack options. As consumers seek snacks that offer both taste and nutritional value, there is also a growing interest in healthier options within the savory snacks segment. Health-conscious consumers in Canada are seeking savory snacks that align with their dietary preferences and nutritional goals. As a result, there is a growing demand for healthier snack options, such as baked snacks, snacks made from natural or organic ingredients, and snacks with reduced levels of sodium or artificial additives.

According to the research report “Canada Savory Snacks Market Overview, 2028, published by Bonafide Research, The Canada Savory Snacks market is projected to reach market size of more than USD 4.83 Billion by 2028. The rise in plant-based eating and the increasing number of consumers adopting vegan lifestyles have led to a surge in demand for plant-based and vegan savory snacks. Brands are introducing snacks made from ingredients like legumes, vegetables, grains, and plant-based proteins to cater to this growing segment. Potato chips hold a significant share of the savory snacks market in Canada. They are a staple snack enjoyed by Canadians of all ages and are available in a wide range of flavors and varieties. All-Dressed chips have gained immense popularity in Canada. This flavor combines elements of ketchup, barbecue, salt and vinegar, and sour cream and onion, creating a unique and beloved taste sensation. Dill pickle-flavored snacks are particularly popular in the Prairie provinces, while seafood-flavored snacks are favored in coastal regions. Poutine, a Canadian delicacy made with French fries, cheese curds, and gravy, has inspired the creation of poutine-flavored snacks in Canada. Canada has a rich indigenous culinary heritage, and some snack brands have started incorporating traditional indigenous ingredients and flavors into their savory snacks. This trend reflects a growing appreciation for indigenous culture and cuisine. Canadians are increasingly seeking healthier snack options. This has led to a rise in the availability of baked snacks, snacks made with natural and organic ingredients, and snacks with reduced levels of sodium and artificial additives.

Lay's, Miss Vickie's, Old Dutch, President's Choice, Hawkins Cheezies, Kettle Brand, Humpty Dumpty, Pringles are the some of the brands in Canada .Canadian Food Inspection Agency (CFIA), Food and Drugs Act (FDA), Safe Food for Canadians Regulations (SFCR), Canadian Packaging and Labeling Regulations, Health Canada's Guidelines, Advertising Standards are the government regulation. Children and teenagers often have a strong affinity for savory snacks. They enjoy snacks that are flavorful, fun, and convenient. Popular options among this age group include potato chips, cheese puffs, pretzels, popcorn, and snack mixes. Retail stores play a significant role in the distribution of savory snacks. This includes supermarkets, grocery stores, convenience stores, and specialty food stores. With the rise of e-commerce, online retailers have become an important distribution channel for savory snacks. Snack brands often sell their products through their own websites or online marketplaces, allowing consumers to purchase snacks conveniently from their computers or mobile devices. Some snack brands engage in direct sales approaches, such as door-to-door sales, direct selling parties, or through network marketing.

The demand for healthier snack alternatives has been on the rise, with consumers seeking snacks that are low in calories, free from artificial ingredients, and made from natural or organic ingredients. Snacks made from alternative ingredients like lentils, chickpeas, kale, and quinoa have gained popularity as healthier options. Canadians have shown a growing interest in snacks with bold and spicy flavors. Spicy variations of traditional snacks like chips, popcorn, and nuts, as well as snacks infused with hot sauce or chili pepper, have gained popularity. Consumers are willing to pay a premium for high-quality and gourmet snacks, including artisanal popcorn, handcrafted pretzels, and upscale nut mixes.

Considered in this report
• Geography: Canada
•Historic year: 2017
•Base year: 2022
•Estimated year: 2023
•Forecast year: 2028

Aspects covered in this report
•Canada Savory Snacks Market with its value and forecast along with its segments
•Various drivers and challenges
•On-going trends and developments
•Top profiled companies
•Strategic recommendation

By Product type
•Potato chips
•Extruded snacks
•Popcorn
•Nuts & seeds
•Puffed snacks
•Tortilla chips
•fruit & vegetable chips
•Pretzels
•Meat snacks

By Category
•Baked
•Fried

By Distribution Channel
•Supermarkets & Hypermarkets
•Retail
•Convenience stores
•Online stores
•Speciality Stores
•Others (Forecourt retailers, Discounters, Independent small grocers, etc.)

The approach of the report
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us. we have started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to savory snacks industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.