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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 | Apr 2015

Grab a handful: Industry revenue is expected to grow as discretionary income rises

IBISWorld’s Snack Food Production market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
2.0%
Annual Growth 15-20
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Profit
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Employment
8,643
Businesses
91
Industry Analysis & Industry Trends

The Snack Food Production industry suffered during the recession due to low per capita disposable income. This trend is expected reversed in 2014, leading to slight growth over the past five years. Industry revenue will continue to pick up in the five years to 2020, albeit at a faster rate... purchase to read more

Industry Report - Industry Analysis Chapter

This industry produces potato chips, corn chips, nuts, peanut butter, popcorn, pretzels and other snacks. Although snacks are generally popular products, demand still relies on the level of discretionary income, as they are nonessential purchases that can be postponed when household budgets are tight. Demand also relies on the desirability of chips and other snacks in general, as perceived by Canadian consumers. As a result of slow income growth and increasing health consciousness, demand for snacks has remained subdued over the five years to 2015, limiting revenue growth to 2.0% per year on average over the period. However, this includes improved performance in the latter part of the period, with revenue expected to grow 3.6% in 2015, bringing total revenue to $3.1 billion... 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 or cereal and granola bars.

Industry Products
Chips (potato, tortilla and other)Nuts and seeds (including peanuts and peanut butter)Other snacks
 
Industry Activities
Producing chips (potato, corn, tortilla and other)Processing nuts and seeds and producing nut buttersProducing other snacks


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