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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 | Dec 2012

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
Kraft Foods Kraft Foods market share
Mars Mars market share
Nestle Nestle market share
Industry Statistics & Forecast
Revenue
$118bn
Annual Growth 07-12
2.0%
Annual Growth 12-17
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Profit
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Employment ('000)
369
Businesses
10,789
Industry Analysis & Industry Trends

The Global Candy & Chocolate 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 2012, industry revenue is expected to increase at an annualized 2.0%.

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 2012, industry revenue is expected to grow by 1.3% to $117.6 billion... read more

Industry Investment

The industry requires a high level of capital investment, as measured by capital to labor ratio. In 2012, IBISWorld estimates that this ratio will be 1:2.7, that is, for every dollar of capital invested in plant and equipment, approximately $2.70 is spent on labor or wages. Modern manufacturing plants require high levels of capital expenditure on sophisticated technology and equipment that aim to increase productivity without the need for additional labor. However, the industry requires more labor than related industries due to more complex product sorting and a greater diversity in output. For example, in 2008 Wrigley's labor force grew by 3.8% despite an investment of $251 million in plant, equipment and technology... read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Global Candy & Chocolate Manufacturing Industry?

The Global Candy & Chocolate Manufacturing industry is primarily engaged in shelling, roasting and grinding cocoa beans to make chocolate cocoa products and confectioneries; the production of chocolate candy products where the chocolate ingredient is bought from producers; and making a range of sugar and non-sugar candies and chewing gum from ingredients such as starch, fruit, preservatives, emulsifiers and flavorings.

Industry Products
Candy or chocolate barsBlock chocolatesBox chocolatesChocolate spreads and drinking powdersIndustrial chocolateSoft candyHard candyGum
 
Industry Activities
Chocolate candy barChocolate blockChocolate spreadSpecialty chocolate product - e.g. Easter eggs, boxed chocolates, organic chocolateCocoa powder Other cocoa-based candy Candy (non-chocolate)Chewing gum Sugarless candy (non-chocolate)


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