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Candy Production in the US - Industry Market Research Report

Candy Production in the US

Health concerns and heightened competition have challenged the Candy Production industry's growth over the past five years to 2018. Consumers are becoming wary of sugar-rich, high-calorie products. Furthermore, the remaining consumption of sweets is increasingly shifting toward chocolate. Over the five years to 2023, IBISWorld expects demand conditions to improve slightly as operators expand sugar-free and low-calorie product lines. Operators are also expected to focus on products that appeal to an older demographic, such as granola and breakfast bars, to the detriment of more-traditional candy products aimed at children. Nevertheless, external competition from chocolates and imports is projected to remain high, limiting industry growth.

The Candy Production industry produces confectionery such as breakfast bars, candied fruits, fudge, halvah, marshmallows and toffee. Finished goods are distributed to confectionery and grocery wholesalers and retailers, which then sell the candy to households and other consumers. The industry does not produce chocolates, chocolate confectionery, ice cream or frozen yogurt.

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.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2019)
    • Table Industry Structure
  • Industry Performance
    • Table Demand from chocolate production
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2019)
    • Table Major market segmentation (2019)
    • Table Industry trade balance
    • Table Exports To ...
    • Table Business Locations 2019
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major Players
    • Table Mars Inc. (US industry-specific segment) - financial performance*
    • Table The Hershey Company (US industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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