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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 | Dec 2015

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

IBISWorld’s Snack Food Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
2.8%
Annual Growth 15-20
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Profit
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Employment
8,825
Businesses
80
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. The top four companies are expected to generate 51.8% of revenue in 2015, with the top player alone, PepsiCo, generating close to a third of total 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. However, this industry is also filled with a large number of very small players, due to the relative simplicity of snack food production... 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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