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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 2014

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
$48bn
Annual Growth 09-14
2.8%
Annual Growth 14-19
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Profit
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Employment
56,029
Businesses
1,847
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 7.0% of revenue, while depreciation costs are anticipated to represent a 0.2% share in 2014... 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
Milk ChocolateDark and premium chocolateNon-chocolate candyMixed, roasted nutsPopcorn, potato and corn chipsChewing gum, mints and breath fresheners
 
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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