Global Candy & Chocolate Manufacturing - Industry Market Research Report
Description
Global Candy & Chocolate Manufacturing
The Global Candy and Chocolate Manufacturing industry has enjoyed growth over the five years to 2023, though much of the growth was price based. Rising cocoa and sugar prices have forced manufacturers to pass some of these costs onto consumers, propping up growth. Even amid the outbreak of COVID-19 in 2020, these prices climbed. Acquisition activity from the industry's largest manufacturers has enabled them to gain market share by expanding their product offerings. Industry-wide revenue has grown at a CAGR of 0.5% to $242.5 billion over the five years to 2023, including an estimated 1.3% jump in 2023 alone, when profit is set to dip to 8.2%.
Operators in the Global Candy and Chocolate Manufacturing industry 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.
The Global Candy and Chocolate Manufacturing industry has enjoyed growth over the five years to 2023, though much of the growth was price based. Rising cocoa and sugar prices have forced manufacturers to pass some of these costs onto consumers, propping up growth. Even amid the outbreak of COVID-19 in 2020, these prices climbed. Acquisition activity from the industry's largest manufacturers has enabled them to gain market share by expanding their product offerings. Industry-wide revenue has grown at a CAGR of 0.5% to $242.5 billion over the five years to 2023, including an estimated 1.3% jump in 2023 alone, when profit is set to dip to 8.2%.
Operators in the Global Candy and Chocolate Manufacturing industry 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.
Table of Contents
42 Pages
- ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
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
Search Inside Report
Pricing
Currency Rates
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.
