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 - Starting a New Business Chapter
The barriers to entry in the Snack Food Production industry are moderate and depend on the scale of production the entrant pursues. The scale of production defines the level of capital, technology, labour and enterprise required to begin operations. New entrants that aim to be competitive with medium- to large-size companies would need to heavily invest in equipment and machinery for production. Those that cannot afford these initial investments would be unable to compete on a large scale.
Another barrier facing potential new entrants is the success of large incumbents, especially PepsiCo and Old Dutch... purchase to read more