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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 | Sep 2014

Sugar rush: An increasingly health-conscious marketplace will encourage innovation

IBISWorld’s Candy Production market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 09-14
2.9%
Annual Growth 14-19
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Profit
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Employment
17,762
Businesses
392
Industry Analysis & Industry Trends

The sweet tooth of US consumers kept candy producers resilient during the recession; the next five years will likely be marked by further growth. An increasingly health-conscious marketplace will encourage producers to adapt product lines to include sugar-free and low-sugar products. 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 Key Buyers Chapter

The Candy Production industry is characterized by a high level of market share concentration, with the top four players expected to account for 76.8% of revenue in 2014. The most notable development in the competitive landscape over the past five years has been Farley's and Sathers Candy Company's acquisition of Ferrara Pan Candy Company. The merger combined two of the largest industry players into the Ferrara Candy Company, operative since 2012, generated over $1.0 billion in 2013. Another important albeit earlier development is Mars' acquisition of Wrigley, which added to the company's portfolio chewing gum, Skittles and Starburst products, all of them industry-specific and significant... 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 packaged candyHard packaged candyGum, with and without sugarCandied fruits and nuts
 
Industry Activities
Soft candy production (e.g. marshmallows and jelly candy)Hard candy production (e.g. breakfast bars)Chewing gum productionOther non-chocolate candy production


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