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 Investment Chapter
The Confectionery Wholesaling industry has a low level of capital intensity due to its heavy dependence on labor. Workers' responsibilities include customer service, marketing and sales, as well as preparing, checking, and shipping or delivering orders to customers. Although wholesalers increasingly rely on technology and automated solutions, the process of moving products to their respective markets remains labor-intensive. As such, wages account for 6.6% of revenue in 2013.
Capital costs are mainly attributable to computerized inventory management, transport vehicles and computerized warehouse climate control systems that aim to preserve the products' freshness... purchase to read more