Canada Healthy Snacks Market Size & Outlook, 2023-2030
Canada healthy snacks market, 2018-2030 (US$M)
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Canada healthy snacks market highlights
- The Canada healthy snacks market generated a revenue of USD 3,176.7 million in 2023 and is expected to reach USD 5,611.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
- In terms of segment, fruit, nuts & seeds was the largest revenue generating product in 2023.
- Fruit, Nuts & Seeds is the most lucrative product segment registering the fastest growth during the forecast period.
Healthy snacks market data book summary
| Market revenue in 2023 | USD 3,176.7 million |
| Market revenue in 2030 | USD 5,611.8 million |
| Growth rate | 8.5% (CAGR from 2023 to 2030) |
| Largest segment | Fruit, nuts & seeds |
| Fastest growing segment | Fruit, Nuts & Seeds |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Frozen & Refrigerated, Fruit, Nuts & Seeds, Bakery, Savory, Bars & Confectionery, Dairy |
| Key market players worldwide | Nestle SA, WK Kellogg Co, Unilever PLC, Danone SA, Mondelez International Inc Class A, Hormel Foods Corp, Fresh Del Monte Produce Inc, Select Harvests Ltd, PepsiCo Inc, Monsoon Harvest |
Other key industry trends
- In terms of revenue, Canada accounted for 3.3% of the global healthy snacks market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. healthy snacks market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 5,611.8 million by 2030.
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Healthy Snacks Market Scope
Healthy Snacks Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada healthy snacks market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to healthy snacks market will help companies and investors design strategic landscapes.
Fruit, nuts & seeds was the largest segment with a revenue share of 33.31% in 2023. Horizon Databook has segmented the Canada healthy snacks market based on frozen & refrigerated, fruit, nuts & seeds, bakery, savory, bars & confectionery, dairy covering the revenue growth of each sub-segment from 2018 to 2030.
One of the main reasons for the growing popularity of healthy snacks in Canada is the rising awareness of the importance of a balanced and nutritious diet. With an increasing number of people becoming health-conscious, there has been a significant shift in dietary habits, with consumers actively seeking out healthier alternatives to traditional snacks.
This trend is not limited to a specific age group or demographic, as people of all ages are becoming more conscious about what they eat and its impact on their overall health. Moreover, the increasing population of millennials, who are known for their focus on health and wellness, has also played a crucial role in the popularity of healthy snacks in Canada.
With their busy and fast-paced lives, millennials are constantly on the lookout for convenient yet healthy options that can satisfy their cravings. As per a survey of over 1,500 Canadians conducted by Environics Research and commissioned by Dialogue Health Technologies Inc. in 2022, a majority (over 70%) were more mindful of their health in recent years, marking a 14% rise from 2021.
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Our clientele includes a mix of healthy snacks market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada healthy snacks market , including forecasts for subscribers. This country databook contains high-level insights into Canada healthy snacks market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada healthy snacks market size, by product, 2018-2030 (US$M)
Canada Healthy Snacks Market Outlook Share, 2023 & 2030 (US$M)
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