Candy Manufacturing
Description
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 Mondelēz International (all based in the US); as well as Barry Callebaut and Lindt (both based in Switzerland); Ferrero Group (Italy); and Meiji Holdings (Japan).Worldwide, the confectionery market is expected to generate about $652 billion in 2026, according to Statista. The Asia Pacific confectionery market is expected to reach about $22 billion by 2031, according to Mordor Intelligence.
The US candy manufacturing industry includes about 1,800 establishments (single-location companies and units of multi-location companies) with combined annual revenue of about $27 billion.
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
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