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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 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
$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 - Industry SWOT Analysis Chapter

The Confectionery Wholesaling industry is in the mature stage of its life cycle. Industry value added (IVA), which measures an industry's contribution to the overall economy, is forecast to increase at an annualized rate of 1.3% over the ten years to 2020. In comparison, gross domestic product (GDP) is projected to grow 2.2% per year on average during the same 10-year period.

Consolidation within this industry is primarily driven by merger and acquisition activity. For example, major company Mars Inc. acquired leading chewing gum producer Wrigley in 2008, which represented the single-largest merger in confectionery history. Likewise, Hershey acquired Brookside Foods in 2011, which increased the company's share of the chocolate market... 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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