Global Candy & Chocolate Manufacturing - Industry Market Research Report

Global Candy & Chocolate Manufacturing

The Global Candy and Chocolate Manufacturing industry has grown sluggishly over the five years to 2017, as consumers in developed markets became more attentive to sugar consumption, limiting their intake of nonchocolate candy. Nonetheless, emerging markets have become increasingly important to the industry. Over the five years to 2022, IBISWorld expects the industry to benefit from further demand from emerging markets. Additionally, demand for premium confectionery goods will continue to grow in saturated regions. To drive demand in these mature markets, companies will continue to develop new flavors and products that appeal to health-conscious consumers.

Industry operators purchase and process sugar, cocoa, cornstarch, nuts, fruits, emulsifiers and flavorings, to create chocolate and other confectionery products. Final industry products include chocolate, chewing gum, hard candies, marshmallows and toffee.

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.