Industry Analysis & Industry Trends
How sweet it is
While the industry suffered some setbacks during the recessionary period, it is expected to grow over the next five years. Companies will likely shift their focus to organic and dark chocolates in order to capitalize on the greater awareness of health issues. Volatile prices of inputs like sugar and cocoa may threaten industry profitability, but increased innovation and more efficient technology will result in further growth... purchase to read more
Industry Report - Industry Analysis Chapter
The Chocolate Production industry stumbled during the recession, but was able to bounce back soon afterward. At the onset of the recession, consumers had low disposable income, deterring them from making discretionary chocolate purchases. However, Americans turned to chocolate as an affordable luxury and to provide temporary relief to financial stresses. Rising disposable income in line with eventual economic recovery further facilitated industry growth. Additionally, healthy living trends influenced Americans' food choices and made consumers wary of eating excessive amounts of sugar in the form of chocolate and other candies, hurting demand... purchase to read more