Industry Analysis & Industry Trends
America's sweet tooth kept candy producers resilient during the recession, and the next five years will be marked by further growth. An increasingly health-conscious marketplace will encourage producers to adapt product lines to include sugar-free candies. Furthermore, as the number of children aged 14 and under continues to shrink, candy producers will increasingly market their goods to adults. The industry will also look to foreign markets for growth as the domestic market becomes more saturated... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Candy Production industry is expected to grow at a similar rate to the overall economy during the 10 years to 2018, which is an indication that the industry is mature. During the 10 years to 2018, IBISWorld estimates the industry's contribution to the economy, as measured by the industry value added (IVA), will increase at an annualized rate of 2.4%. During the same period, GDP is forecast to rise 2.1% per year on average. Although the discrepancy between industry IVA and US GDP growth rates usually indicates an industry in the midst of growth, other factors point to this industry's maturity.
During the ten years to 2018 the industry will continue to experience consolidation... purchase to read more