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Confectionery Wholesaling in the US: Market Research Report

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

Confectionery Wholesaling Market Research Report | NAICS 42445 | Nov 2015

Sweet tooth: Premium offerings and lower input prices will widen profit margins

IBISWorld’s Confectionery Wholesaling market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$49bn
Annual Growth 10-15
2.2%
Annual Growth 15-20
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Profit
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Employment
56,675
Businesses
1,875
Industry Analysis & Industry Trends

Sustained demand for confectioneries helped this industry achieve a swift recovery from the recession, even while volatile input prices at the manufacturing level dampened profit margins. Operators in the Confectionery Wholesaling industry benefited from rapidly rising demand for premium products such as dark chocolate, which have grown in importance as increased health consciousness among consumers cuts into sales of traditional candies. This trend is expected to continue in the next five years, with wholesalers increasingly relying on sales of high-margin chocolates and candies, which are moving into the mainstream from the shelves of niche specialty shops... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entering the Confectionery Wholesaling industry are low, although the cost of attaining specialized distribution facilities capable of preserving products' freshness may be costly. If potential entrants are unable to afford initial capital investments, such as warehouses and delivery trucks, they will not be able to enter the industry. However, there are few burdensome licensing requirements, government regulations or resource constraints that prevent businesses from entering this industry.

Some incumbent distributors have strong relationships with independent retailers and mass merchandisers... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Confectionery Wholesaling Industry?

Operators in the this industry primarily wholesale a range of chocolate and nonchocolate candy, in addition to a range of savory snacks, such as nuts, popcorn and chips. Industry operators resell these products to supermarkets, specialty confectionery retail outlets, convenience stores and vending machine operators.

Industry Products
ChocolateCandy and chewing gumChips, popcorn and other packaged snacks
 
Industry Activities
Candy wholesalingChewing gum wholesalingPotato chips wholesalingChocolate candy wholesalingFreshly made confectionery wholesalingCorn chips and related corn snacks wholesalingFountain fruits and syrups wholesaling


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