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Snack Food Production in Canada Industry Data and Analysis
The snack food industry has been on a dynamic journey, adapting and evolving to meet the ever-changing demands of consumers. In recent years, the industry has shifted towards healthier options, responding to an increased public focus on wellness. Major players and niche brands alike have stepped into this health-conscious arena, with innovations like low-sugar and organic snacks capturing the limelight. However, this pivot hasn't come without challenges, as snack producers navigate rising input costs and increased competition, both domestically and globally. As a result, revenue has been weakening at a CAGR of 0.8% but is set to reverse course in 2025, dipping by a modest 0.2% and reaching $5.2 billion.
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What's included in this industry analysis
IBISWorld's research coverage on the Snack Food Production industry in Canada includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released September 2025.
About this industry
What's this industry report about?
The Snack Food Production industry in Canada operates under the NAICS industry code 31191CA. Operators in the Snack Food Production industry in Canada 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 don't produce cookies, crackers, bakery products, cereal or granola bars. Related terms covered in the Snack Food Production industry in Canada include nut butter, private label, premium, artisanal, gluten, hull removal, united states-mexico-canada agreement (usmca), automated coating systems, wholesale bypass and economies of scale.
What's included in this industry?
Products and services covered in Snack Food Production industry in Canada include Nuts and seeds, Potato chips and snacks and Corn chips and snacks.
What companies are included in this industry?
Companies covered in the Snack Food Production industry in Canada include PepsiCo Canada, Conagra Brands and Old Dutch Foods.
Performance
What's included in the Performance chapter?
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Snack Food Production industry in Canada.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
Products & Markets
What's included in the Products and Markets chapter?
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Snack Food Production industry in Canada.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
Geographic Breakdown
What's included in the Geographic Breakdown chapter?
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Snack Food Production industry in Canada.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
Competitive Forces
What's included in the Competitive Forces chapter?
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Snack Food Production industry in Canada. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
Companies
What's included in the Companies chapter?
The Companies chapter covers Key Takeaways, Market Share and Companies in the Snack Food Production industry in Canada. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
External Environment
What's included in the External Environment chapter?
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Snack Food Production industry in Canada. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
Financial Benchmarks
What's included in the Financial Benchmarks chapter?
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Snack Food Production industry in Canada. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
Industry Data
What's included in the Industry Data chapter?
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Snack Food Production industry in Canada.
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Frequently Asked Questions
What is the market size of the Snack Food Production industry in Canada in 2026?
The market size of the Snack Food Production industry in Canada is $5.1bn in 2026.
How many businesses are there in the Snack Food Production industry in Canada in 2025?
There are 361 businesses in the Snack Food Production industry in Canada, which has grown at a CAGR of 7.6 % between 2020 and 2025.
How may import tariffs affect the Snack Food Production industry in Canada?
The Snack Food Production industry in Canada is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
How may export tariffs affect the Snack Food Production industry in Canada?
The Snack Food Production industry in Canada is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
Has the Snack Food Production industry in Canada grown or declined over the past 5 years?
The market size of the Snack Food Production industry in Canada has been declining at a CAGR of 0.8 % between 2020 and 2025.
What is the forecast growth of the Snack Food Production industry in Canada over the next 5 years?
Over the next five years, the Snack Food Production industry in Canada is expected to grow.
What are the biggest companies in the Snack Food Production industry in Canada?
The biggest companies operating in the Snack Food Production industry in Canada are PepsiCo Canada, Conagra Brands and Old Dutch Foods
What does the Snack Food Production industry in Canada include?
Producing chips, such as potato, corn, tortilla and other and Processing nuts and seeds and producing nut butters are part of the Snack Food Production industry in Canada.
Which companies have the highest market share in the Snack Food Production industry in Canada?
The company holding the most market share in the Snack Food Production industry in Canada is PepsiCo Canada.
How competitive is the Snack Food Production industry in Canada?
The level of competition is moderate and increasing in the Snack Food Production industry in Canada.
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