Industry Analysis & Industry Trends
The Global Cocoa, Chocolate and Sugar Confectionery Manufacturing industry is nothing to snicker at; it has remained resilient despite a recessive global economy, falling disposable incomes, volatile commodity prices and increasing competition from substitutes. The advent of the health conscious consumer has required producers to be innovative with their product lines and adapt them to constantly changing consumer trends. In the five years through 2011, industry revenue increased at an annualized rate of 0.8%, to total $111.7 billion.
The high level of value addition during the production process has enabled the industry's major players to realize high profit margins and perform well in spite of recessive economic conditions. In 2011, industry revenue is expected to increase 1.7%.. read more
Industry Analysis
The Global Cocoa, Chocolate and Sugar Confectionery Manufacturing industry has managed to remain resilient in the past five years, despite being faced with some sour challenges. The global food movement, especially in the developed world, towards health and nutrition has resulted in clever product innovation backed with aggressive advertising and promotional campaigns. Despite a highly competitive and fragmented industry, the major players have been able to successfully maintain and grow their market share... read more