Industry Analysis & Industry Trends
The Global Candy and Chocolate Manufacturing industry has performed well over the past five years, benefiting from an improving global economy and changing consumer tastes. As the leading confectionery consuming nations slowly recovered from the global recession, higher disposable income levels around the world allowed consumers to purchase a greater volume of confectionery and trade up to premium varieties. Nonetheless, the industry's future appears bittersweet because growth of mature markets in the United States, Europe, Japan and Australia is anticipated to slow over the next five years... read more
Starting a New Business
The barriers to entry for this industry are moderate, with the level of initial capital investment required being the most significant barrier. Producing candy and chocolate necessitates purchasing expensive machinery and renting or purchasing a facility to produce these goods. Prospective operators that are unable to secure sufficient capital for these initial investments will find it difficult to enter this industry.
One of the biggest threats that new entrants face is the extremely well-entrenched position of the industry's major players. These companies already enjoy high brand and customer loyalty, making it difficult for smaller operators to gain market share... read more