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Chocolate Production in the US
IBISWorld, May 2011, Pages: 38
Raising the bar: After a rocky period, new varieties of chocolate will entice consumer spending
Chocolate Production in the US
How sweet it is
While the industry suffered some setbacks during the recessionary period, it is expected to grow over the next five years. Companies will likely shift their focus to organic and dark chocolates in order to capitalize on the greater awareness of health issues. Volatile prices of inputs like sugar and cocoa may threaten industry profitability, but increased innovation and more efficient technology will result in further growth.
The Chocolate Production industry manufactures chocolate from cacao beans, selling raw chocolate and turning it into chocolate products and confectioneries. Other ingredients, such as flavorings, syrups, nuts, fruit and preservatives, are purchased from various other industries and combined with raw chocolate to produce many of this industry's products.
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.
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