Global Candy & Chocolate Manufacturing - Industry Market Research Report

  • ID: 4061473
  • Report
  • Region: Global
  • 34 pages
  • IBISWorld
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Bittersweet: Operators will turn to product innovation to drive demand in mature markets

FEATURED COMPANIES

  • Ferrero SpA
  • Mars Inc.
  • Nestle S.A.
  • The Hershey Company
  • MORE

Global Candy & Chocolate Manufacturing

The Global Candy and Chocolate Manufacturing industry has grown sluggishly over the five years to 2018, as consumers in developed markets became more attentive to sugar consumption, limiting their intake of nonchocolate candy. Although chocolate candy remains popular in both developed and emerging markets, volatile cocoa prices during the five-year period have driven operators to lower selling prices, limiting revenue from the chocolate segment. Emerging markets have become increasingly important to the industry. Rising disposable income and a growing middle class in places such as China, Brazil, India and the Middle East, have propelled discretionary demand for candy, especially chocolate, and encouraged major companies to open production facilities in those countries. Over the five years to 2023, IBISWorld expects the industry to benefit from further demand from emerging markets.

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.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ferrero SpA
  • Mars Inc.
  • Nestle S.A.
  • The Hershey Company
  • MORE
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
Note: Product cover images may vary from those shown
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  • Nestle S.A.
  • Mars Inc.
  • The Hershey Company
  • Ferrero SpA
  • Mondelez International Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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