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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 | Sep 2013

Sugar rush: Health concerns hurt the industry, but demand will rise with per capita disposable income

IBISWorld’s Snack Food Production market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
1.2%
Annual Growth 13-18
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Profit
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Employment
8,806
Businesses
86
Industry Analysis & Industry Trends

The Snack Food Production industry benefited from rising levels of per capita disposable income and product innovation over the past five years. As consumers had more disposable income, they increased demand for snack food products, thereby benefiting industry producers. During this time, the price of wheat increased, a primary input in several industry products and many of the larger industry players responded by passing cost increases to consumers in the form of higher product prices. These trends resulted in greater demand for industry products from the primary downstream markets, grocery wholesalers and retailers. Overall, industry revenue increased at an annualized rate of 1.2% to an estimated $2.4 billion in the five years to 2013. This includes expected growth of 2.0% in 2013... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Snack Food Production industry is forecast to grow at a faster rate than the overall economy during the 10 years to 2018. IBISWorld estimates the industry's contribution to the overall economy, as measured by the industry value added (IVA), will increase at an average rate of 3.4% per year during the 10-year period. Comparatively, Canadian GDP is forecast to rise at an average rate of 2.6%. This is because the industry is in the growing stage of its life cycle, characterized by an increasing number of companies, technological advancements and product innovation.

The industry is characterized by an increasing number of companies entering the industry... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Snack Food Production Industry?

This industry produces snack foods, including potato and corn chips, pretzels, popcorn and other similar snacks. This industry does not include cookies and crackers, bakery products or cereal and granola bars. Industry establishments primarily prepare nuts, process grains or seeds into snacks, and manufacture chips, popped popcorn and similar snacks.

Industry Products
ChipsOther chips and snacksNuts and seeds
 
Industry Activities
The primary Activities of this industry are Salting, roasting, drying, cooking or canning nutsProcessing grains or seeds into snacksProducing peanut butterProducing potato chipsProducing corn chipsProducing popped popcornProducing pretzels (except soft)Producing pork rindsProducing rice cakes


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