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Snack Food Production in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Snack Food Production in Canada Market Research Report | NAICS 31191CA | May 2016

Grab a handful: Industry revenue is expected to grow as exports and discretionary income rise

IBISWorld’s Snack Food Production market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 11-16
2.1%
Annual Growth 16-21
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Profit
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Employment
8,678
Businesses
96
Industry Analysis & Industry Trends

Over the past five years, slow income growth and increasing health consciousness have subdued demand for some industry products, though others have grown in popularity. Moving forward, the Snack Food Production industry is expected to benefit from improving disposable income and growing export markets. In addition, as the number of health conscious Canadians grows, snack food producers will respond by innovating and introducing healthier varieties of existing brands of chips, nuts, pretzels and popcorn. Import competition will remain high, but is unlikely to offset industry growth... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Snack Food Production industry exhibits moderate market share concentration, with the top four companies expected to generate 61.2% of revenue in 2016. The industry is dominated by PepsiCo, which owns many recognizable brands and accounts for over one-third of industry revenue. The largest companies are able to capitalize on economies of scale in production and distribution to minimize costs and maximize profit margins. This enables them to protect market share while also expanding into new markets. These players are also able to capitalize on brand recognition and differentiation, which they complement with high R&D expenditure and continuous product innovation... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Snack Food Production Industry?

Operators in this industry 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.

Industry Products
Potato chipsTortilla and corn chipsOther chips (i.e. pretzels)Nuts and seedsPeanut butterOther snacks
 
Industry Activities
Producing chips (potato, corn, tortilla and other)Processing nuts and seeds and producing nut buttersProducing pretzels other snacks


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