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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

The Confectionery Wholesaling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

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 Investment Chapter

Like most other grocery wholesaling industries, the Confectionery Wholesaling industry has a low level of capital intensity because of its continued dependence on labor. Workers' responsibilities primarily include customer service, marketing and sales, in addition to the management, inventory and quick delivery of orders to retailers. Although wholesalers increasingly rely on technological and automated inventory management solutions to increase their productivity, the act of distributing industry products from upstream manufacturers to the respective downstream markets remains a labor-intensive process. Consequently, wages are expected to account for 6.1% of revenue, while depreciation costs are anticipated to represent a small 0.7% share in 2015... 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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