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Global Candy & Chocolate Manufacturing: Market Research Report

Global Market Research • Global Market Size • Industry Statistics • Industry Analysis • Industry Trends

Global Candy & Chocolate Manufacturing Market Research Report | Jan 2014

The global economy presents its own set of opportunities and threats for businesses in a range of industries. IBISWorld’s Global Candy & Chocolate Manufacturing global market research report offers insightful industry analysis and research into the market at an international 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
Market Share of Companies
Ferrero Ferrero market share
Hershey Hershey market share
Mars Mars market share
Mondelez International Mondelez International market share
Nestle Nestle market share
Industry Statistics & Forecast
Revenue
$120bn
Annual Growth 09-14
2.1%
Annual Growth 14-19
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Profit
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Employment ('000)
375
Businesses
11,175
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

Industry Investment

The Global Candy and Chocolate Manufacturing industry exhibits a high level of capital intensity. Using wages as a proxy for labor and depreciation as a proxy for capital, IBISWorld estimates that for every dollar spent on labor in the industry, $0.35 will be spent on capital in 2014. This represents a slight increase from 2009. Modern manufacturing plants require sophisticated technology and equipment to process ingredients into candy and chocolate products. New technology, such as robotics, aims to improve production efficiencies without the need to hire more workers. For instance, Hershey introduced a global supply-chain transformation program in recent years that aims to increase productivity while reducing the need for labor... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Candy & Chocolate Manufacturing Industry?

Industry operators purchase and process sugar, cocoa, cornstarch, nuts, fruits, emulsifiers and flavorings, to create chocolate and confectionery products. Final industry products include chocolate, chewing gum, hard candies, marshmallows and toffee.

Industry Products
Chocolate confectioneryNonchocolate confectioneryGum
 
Industry Activities
Manufacturing chocolate candy barsManufacturing chocolate blocksManufacturing chocolate spreadsManufacturing specialty chocolate products e.g. Easter eggs, boxed chocolates, organic chocolateManufacturing cocoa powderManufacturing other cocoa-based candyManufacturing candy (nonchocolate)Manufacturing chewing gum Manufacturing sugarless candy (nonchocolate)


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