While food inflation peaked in January 2023, measures taken by the Bank of Canada are expected to cool down inflation and lower commodity prices. As a result, the growth of value sales is anticipated to slow down in the forecast period.
The health and wellness trend is projected to gain even more traction in the forecast period as consumers increasingly prioritise a healthy lifestyle and nutritious diet. Snack bars are expected to benefit the most from this trend.
In addition to large grocery retailers and discounters, e-commerce is poised to experience significant sales growth in the forecast period. The convenience of online ordering, quick and often free delivery options, and a wide variety of products available on platforms like Amazon.
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Understand the latest market trends and future growth opportunities for the Sweet Biscuits, Snack Bars and Fruit Snacks industry in Canada with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Sweet Biscuits, Snack Bars and Fruit Snacks industry in Canada, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Sweet Biscuits, Snack Bars and Fruit Snacks
This is the aggregation of sweet biscuits, snack bars, and fruit snacks.
See All of Our DefinitionsThis report originates from Passport, our Sweet Biscuits, Snack Bars and Fruit Snacks research and analysis database.
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