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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 | Aug 2016

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 provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report focuses on industry performance in key regions around the world and identifies the leading companies globally.

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
$140bn
Annual Growth 11-16
1.3%
Annual Growth 16-21
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Profit
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Employment ('000)
455
Businesses
14,134
Industry Analysis & Industry Trends

The Global Candy and Chocolate Manufacturing industry has grown sluggishly over the past five years. Industry revenue grew slowly over the five years to 2016 as consumers in developed markets became more attentive to sugar consumption, limiting their intake of nonchocolate candy. Although chocolate candy remains popular in both developed and emerging markets, volatile cocoa prices over the period have induced operators to lower selling prices, limiting revenue from the chocolate segment. Still, IBISWorld expects the industry to grow slightly as operators continue to cater product innovation to a health-conscious market. Moving forward, IBISWorld expects the industry to benefit from further demand from emerging markets, expanding revenue.


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Industry Key Buyers

The Global Candy and Chocolate Manufacturing industry has a low to moderate level of concentration, with the top five companies accounting for about 35.2% of industry revenue. Concentration remained relatively stagnant over the past five years. Nevertheless, the industry has experienced merger and acquisition activity over the period. For example, Mars' acquisition of Wrigley significantly boosted this company's share of industry revenue, while Nestle's merger with Yinlu gives the company greater access to the Chinese market. Furthermore, the leading companies in this industry have expanded their production facilities in developing countries to satisfy the growing demand for confectionery in the Middle East, Asia and Africa... 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 other confectionery products. Final industry products include chocolate, chewing gum, hard candies, marshmallows and toffee.

Industry Products
Chocolate confectioneryNonchocolate confectioneryGum
 
Industry Activities
Manufacturing chocolate confectioneryManufacturing nonchocolate confectioneryManufacturing chewing gum


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