Report cover image

Candy Manufacturing

Published Feb 28, 2022
SKU # FRRS17000666

Description

Candy Manufacturing

Brief Excerpt from Industry Overview Chapter:

The candy manufacturing industry includes three major segments: companies that make chocolate from beans, companies that use purchased chocolate to make candies, and companies that make nonchocolate candy. Major companies include Hershey's, Mars, and Mondelez International (all based in the US); as well as Barry Callebaut and Lindt (both based in Switzerland); Ferrero Group (Italy); and Meiji Holdings (Japan).

COMPETITIVE LANDSCAPE

Candy manufacturers are developing new product lines and revamping their marketing strategies to capitalize on the growing popularity of healthier snacks and gourmet confections. Small and independent candy makers that sparked the early growth of those segments are now fending off competition from major manufacturers that have been making acquisitions and reformulating recipes in an effort to gain market share.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products of candy manufacturers include chocolate candy (about 45% of industry revenue), followed by nonchocolate-type bar goods (25%), and refined granulated sugar (about 20%). Other products include chewing gum, bubble gum, sugar refining products, and unsweetened chocolate.

Table of Contents

Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms
How Do Licenses Work?
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.