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Candy Production in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Candy Production Market Research Report | NAICS 31134 | May 2016

Low sugar: Competition from chocolates and imports will cause revenue to briefly decline

IBISWorld’s Candy Production market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 11-16
-1.0%
Annual Growth 16-21
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Profit
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Employment
17,889
Businesses
424
Industry Analysis & Industry Trends

In the five years to 2016, falling sugar prices subdued selling prices, while preference shifts and rising health consciousness among consumers have caused industry demand to fall. Industry performance is expected to improve over the next five years due to growing consolidation and innovation by major players. In particular, producers are expected to introduce healthier products to mitigate adverse perceptions toward candy. In addition, sugar prices are expected to rise slowly, boosting the selling price of candy. Still, competition from chocolates and imports will limit strong revenue growth... purchase to read more

Industry Report - Industry Locations Chapter

Candy producer establishments (not including chocolate producers) are generally located close to large city markets for easy serviceability. The West region houses about 18.1% of establishments. California is home to more production facilities than any other state, comprising 10.0% of all establishments. This mirrors its overall share of the US population but also reflects its large population of people younger than 14 (25.4%), who comprise the industry's largest consumer base. In addition, the region's affluent consumers, combined with well-established infrastructure and easy access to big population centers, make it an ideal base for candy producers. Jelly Belly has its headquarters in California and Nestle USA is also based in the Golden State... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Candy Production Industry?

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, who then sell the candy to households and other consumers. The industry does not produce chocolates, chocolate confectionery, ice cream or frozen yogurt.

Industry Products
Soft candyChewy candyHard candyGum
 
Industry Activities
Producing chewy candy, including granola and breakfast barsProducing soft candyProducing hard candyProducing gum


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