The Global Candy and Chocolate Manufacturing industry has grown sluggishly over the past five years. Although chocolate candy remains popular in both developed and emerging markets, falling cocoa prices over the period have induced operators to lower selling prices, limiting revenue from the chocolate segment. In the coming years, the industry will benefit from further demand from emerging markets. Additionally, demand for premium confectionery will continue to grow in saturated regions like North America and Europe. 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.
Nestle SA Mars Inc. The Hershey Company Ferrero S.p.A. Mondelez International Inc.