Cookie, Cracker & Pasta Production in Canada - Industry Market Research Report

Cookie, Cracker & Pasta Production in Canada - Industry Market Research Report
Cookie, Cracker & Pasta Production in Canada

The Cookie, Cracker and Pasta Production industry in Canada experienced strong growth through 2023. However, faltering economic and trade conditions threw spouts of volatility into the mix during the period. For example, per capita disposable income fell sharply toward the end of the period in 2021-22, which limited demand for discretionary goods from the industry significantly. In addition to this, producers faced volatile prices of several major inputs, including the price of wheat and sugar. These costs skyrocketed in line with global trade disruptions beginning in 2021. The price hikes hampered both profit growth and shifted consumer demand since most of the costs were passed onto consumers. Outside of this rocky period, producers did experience strong growth.

The Cookie, Cracker and Pasta Production industry in Canada makes cookies, crackers and pasta from purchased ingredients, such as flour, sugar, salt, seasoning, emulsifiers, flavourings, syrups, preservatives, gluten and food acids. The final products are then packaged and distributed to grocery wholesalers, supermarkets, specialty food stores and food service contractors.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.