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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 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
$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 Investment

The Global Candy and Chocolate Manufacturing industry exhibits a moderate to 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, $0.27 will be spent on capital in 2016. This represents a decrease from five years prior. Although modern manufacturing plants require sophisticated technology and equipment to process ingredients, therefore extolling depreciation costs, labor remains central to production, especially for manufacturers in developing countries. More labor has been employed over the past five years to accommodate growing demand and production, thereby keeping capital costs moderate in comparison... 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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