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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 | Mar 2015

Low sugar: Competition from chocolates and imports will limit strong revenue growth

The Candy Production market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 10-15
-1.0%
Annual Growth 15-20
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Profit
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Employment
17,808
Businesses
388
Industry Analysis & Industry Trends

In the five years to 2015, 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 Products Chapter

Chewy candy

Chewy candy includes granola bars and breakfast bars and generates an estimated 30.0% of industry revenue. This segment also includes bars made of coconut, peanut butter, toffee and other confectionery. Sales of chewy candy have increased over the past five years due to the popularity of granola and breakfast bars among adults and health-conscious consumers. Unlike other industry offerings, granola and breakfast bars do not rely heavily on the young and adolescent consumer segment, shielding the industry from the current curb in sweetener consumption among children... 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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