China is changing rapidly, and so are its tastes. As China gradually evolves into a consumer society, new products, including chocolate and candy, are appearing with increasing regularity. Rising average annual incomes, increased exposure to Western and international cuisines and a greater array of confectionery goods in supermarkets are all working together to increase sales of this industry's products in China.Revenue for the Chocolate and Candy Production industry in China has been growing rapidly at 6.8% annually during the five years through 2017 and is estimated to total $21.75 billion in 2017. The strong growth indicates increasing demand from both domestic and global markets...purchase to read more.

Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 12-17
6.8%
Forecast Growth 17-22
Profit
Employment
152,075
Businesses
1,007

Industry Report - Industry Key Buyers Chapter

There are 583 confectionery and chocolate manufacturing enterprises in China, most of which are small or medium-sized. The top four players are expected to jointly account for 39.6% of industry revenue in 2017, indicating a low concentration level for this industry.Product specialization is increasing in this industry. Leading firms in each product segment have emerged, but there is still no dominant manufacturer in the confectionery industry as a whole. Geographic concentration levels are higher in East China and Middle South China, with provinces such as Shanghai, Guangdong, Fujian, Zhejiang and Jiangsu as the major production bases.The industry concentration level is expected to increase in future years with more frequent mergers and acquisitions in the industry. For...purchase to read more.

Additional Insights for the Chocolate & Candy Production Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Chocolate & Candy Production Industry are

  • Economies of scale
  • Establishment of brand names
  • Effective product promotion
  • IBISWorld analysts also discuss how external factors such as Downstream Demand - Supermarket and Grocery Stores and Age Group (15-39 Female) in the Chocolate & Candy Production industry impact industry performance..

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    What's in this report

    What is the Chocolate & Candy Production Industry?

    Firms in the Chocolate Production industry in China purchase cocoa, cocoa butter, cacao paste, sugar and dairy products to manufacture chocolate or chocolate products. They also purchase raw materials such as sugar, glucose syrup, maltose, dairy products, gum, nuts, flavors, food colorants and other related materials to produce confectionery products, such as hard candy, filled candy, jelly candy, Chinese-style candy and other confectionery products.

    Industry Products
  • Milk candy
  • Hard candy
  • Chewing gum
  • Functional candy
  • Chocolate
  • Crispy candy
  • Jelly candy
  • Industry Activities
  • Producing hard candy
  • Producing soft candy
  • Producing filled candy
  • Producing jelly candy
  • Producing gum-based candy
  • Producing Chinese-style candy (peanut candy, sesame oil candy and other nut candies)
  • Producing chocolate
  • Producing other candy and confectionery products
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Downstream Demand - Supermarket and Grocery Stores
  • Age Group (15-39 Female)
  • Age Group (5-14)
  • Domestic Goods Prices - Agricultural - Crops - Sugarcane
  • Domestic Goods Prices - Food and Beverages - Chocolate and Cocoa

  • Current Performance
    Sweet consumption in ChinaIndustry outputExport and import trends analysis
  • Chart: Revenue Growth

  • Industry Outlook
    Product trendsChanges in consumer groupsIncreasing competition
  • Table: Chocolate & Candy Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Chocolate & Candy Production Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Department Stores & Shopping Malls
  • Supermarkets

  • Key Selling Industries
  • Cooking Oil Production
  • Dairy Product Production
  • Fragrance and Essence Manufacturing
  • Paper and Paperboard Manufacturing
  • Sugar Production

  • Products & Services
  • Milk candy
  • Hard candy
  • Functional candy
  • Chewing gum
  • Chocolate
  • Crispy candy
  • Jelly candy
  • Chart: Chocolate & Candy Production Industry Products and Services Segmentation

  • Demand Determinants
  • Income levels
  • Growth in population groups
  • Weekends and holidays
  • Regional preferences
  • Product diversification

  • Major Markets
  • Supermarkets
  • Food wholesalers
  • Food retailers
  • Other
  • Exports
  • Chart: Major Market Segmentation for the Chocolate & Candy Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Depreciation
  • Wages
  • Utilities
  • Chart: Cost Structure Benchmarking – Sector vs Chocolate & Candy Production

  • Basis of Competition
  • Brand
  • Product quality
  • Price
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Chocolate & Candy Production Industry

  • Industry Globalization
    Mars Foods (China) Co., Ltd., Nestle (China) Co., Ltd., Perfetti Van Melle Confectionery (China) Co., Ltd., The Hershey Group, Jinguan (China) Foodstuff Co., Ltd.,
  • Table: Mars Foods (China) Co., Ltd. - financial performance
  • Table: Nestle (China) Co., Ltd. - financial performance
  • Table: Perfetti Van Melle Confectionery (China) Co., Ltd. - financial performance
  • Table: The Hershey Group - financial performance
  • Table: Jinguan (China) Foodstuff Co., Ltd. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Chocolate & Candy Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Chocolate & Candy Production Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Total Assets (2008-2022)
  • Confectionery Output (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Chewing Gum
  • A sweetened, flavored confection composed primarily of latex, both natural and artificial.
  • Crispy Candy
  • A traditional Chinese candy made of sesame, peanut, malt syrup, and flour.
  • Hard Candy
  • Hard and brittle candy made through high temperature boiling, either transparent, translucent or opaque.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Chocolate & Candy Production market research report offers insightful industry analysis and research into the market at the national 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.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Chocolate & Candy Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Chocolate & Candy Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Chocolate & Candy Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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