Snack Food Production in Canada - Industry Market Research Report
Snack Food Production in Canada
Canadian snack food producers make potato and corn chips, pretzels, roasted and salted nuts, peanut butter, popcorn and other snacks. Producers have benefited from increased demand through the end of 2023 as discretionary income levels increased. Higher consumer spending has boosted sales of potato and tortilla chips, nuts and seeds. Buyers also tend to purchase more expensive and healthier products as they have more to spend on snack foods, supporting profit. While many industry products are unhealthy and demand for such goods has slowed, many companies have developed new products to attract health-conscious consumers. Revenue has risen a CAGR of 2.6% to an estimated $5.0 billion over the five years to 2023, including an increase of 2.6% in 2023 alone.
Operators in the Snack Food Production industry in Canada primarily produce chips, including potato, corn and tortilla chips. They also process plain, salted or roasted nuts, seeds and nut butters such as peanut butter. However, operators do not produce cookies, crackers, bakery products, cereal or granola bars.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."
ABOUT THIS INDUSTRY
Industry Definition Main Activities Similar Industries Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary Key External Drivers Current Performance Industry Outlook Industry Life Cycle
PRODUCTS & MARKETS
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COMPETITIVE LANDSCAPE
Market Share Concentration Key Success Factors Cost Structure Benchmarks Basis of Competition Barriers to Entry Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity Technology & Systems Revenue Volatility Regulation & Policy Industry Assistance