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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 | Dec 2013

Sweet outlook: The industry will cater to changing consumer tastes with healthier offerings

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
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$43bn
Annual Growth 08-13
1.8%
Annual Growth 13-18
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Profit
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Employment
55,403
Businesses
1,694
Industry Analysis & Industry Trends

Despite increasing concerns about health and nutrition, confectionery wholesaling is expected to grow over the next five years. A number of positive factors will cause candy consumption to rise, including population growth and product innovation, such as the introduction of healthier confectionery goods. Additionally, as disposable income levels grow, consumers will be more likely to purchase premium and more expensive candy... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Confectionery Wholesaling industry is forecast to grow at a faster pace than the overall economy in the 10 years to 2018. While consumers bought fewer discretionary goods at the onset of the recession, causing revenue to decline in 2008, chocolate and confectionery goods represented an affordable indulgence, prompting a quick recovery to positive growth for the industry. Profit margins also expanded as consumers became more willing to pay higher prices. Therefore, the industry's value-added (IVA), or contribution to the economy, is forecast to increase an annualized 4.3% over the 10 years to 2018. During the same period, GDP is projected to grow an annualized 2.1%... 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 and chips. Industry firms sell these products to supermarkets, specialty confectionery retail outlets, convenience stores and vending machine operators.

Industry Products
Chocolate candy barsBlock chocolateBoxed chocolateRoasted nuts and popcornPotato chips, corn chips and pretzelsChewing gumOther non-chocolate confectionsOther chocolate products
 
Industry Activities
Candy wholesalingCheese confections (e.g., curls and puffs) wholesalingChewing gum wholesalingChips (e.g., corn, potato) wholesalingChocolate candy wholesalingConfectionery wholesalingCorn chips and related corn snacks wholesalingFountain fruits and syrups wholesaling


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