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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 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 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 Analysis Chapter

The Candy Production industry manufactures a range of non-chocolate confectionery products, including soft candy, such as jelly and marshmallows, and hard candy, such as Skittles and granola bars. The industry also produces chewing gum, gum base and candied fruits and nuts. The common input to all of these products is sugar. The price of sugar has significantly influenced operator revenue over the past five years, while preference shifts and rising health consciousness among consumers have induced a change in the industry's overall product mix. All things considered, IBISWorld expects industry revenue to increase at an average annual rate of 2.9% to $7.9 billion in the five years to 2014... 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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