candy industry statistics

The global retail sales of candy products reached $186 billion in 2017, which reflects a 2.7% increase from the year before. The classification applied throughout the candy industry is loosely based off of the definitions determined by the Commerce Department, even though they can be generally much more broad. Even when economic times seem a little tough, the candy industry always seems to do pretty well. Russell Stover, and Nestle. They were followed by the Ferrero Group ($12 billion), Mondelez International ($11.5 billion), Meiji Co Ltd of Japan ($9.6 billion), and Nestle ($8.8 billion). Sep 3, 2018 by Brandon Gaille. (Statista), #37. Are you interested in testing our corporate solutions? (IBIS World), #19. Try our corporate solution for free! statista… Hershey’s currently holds a 43.8% market share on chocolate products sold at the retail level in the United States. Please do not hesitate to contact me. Although this growth is certainly possible, the previous 5-year trend did not reach its forecast goals. Home » Statistics » 41 Candy Industry Statistics, Trends & Analysis, #1. Growing consumer expenditure and disposable income and increasing urbanization are driving the growth of the candy market in the U.S. Candies and chocolates are generating a huge amount of sales in the U.S. targeting the sweet tooth among the people. By closing this message or … (Nielsen), #24. Their Double Mint brand generate $108.9 million in sales in 2016. The US market for chocolate grew by 4% in 2013, reaching $21 billion in total … Nothing suggests that anything will dramatically change through 2023 or 2028 for the industry, which means a more accurate CAGR forecast would be in the 1% to 2% range. Please do not hesitate to contact me. With the holiday season in full swing, there's still plenty of time and opportunity to savor a sweet treat or two before the year is out (and the New Year's diet resolutions kick in). The no-sugar segment of the candy industry saw the strongest levels of growth between 2011-2014, tripling in total value. Chocolate continues to be a global leader in overall sales, seeing a 3.3% rise in values. The most important key figures provide you with a compact summary of the topic of "Confectionery Industry" and take you straight to the corresponding statistics. Huge revenue generation of candies … Acesulphame-k, Aspartame, Cyclamate, and Sucralose are popular sweeteners which are the major substitutes of sugar in soft drinks, especially in carbonated beverages. This text provides general information. The leading global confectionery company is Mars Inc. with Hershey's owning 44.1% liability for the information given being complete or correct. These five companies account for 98% of the candy sales at Halloween. (Statista), #4. In 2016, the global retail consumption of chocolate products within the candy industry reached 7.7 million metric tons. 29 Captivating Candy Industry Trends. hadley.ward@statista.com. (International Cocoa Organization), #30. (IBIS World), #21. data than referenced in the text. The sales of sugar-free chocolate candies from Russell Stover totaled $83.2 million in 2016. US Chocolate Industry 2020‑2024 . (212) 419-8286. hadley.ward@statista.com. Global “Sugar Candy Market” research report 2020-2026 is a guide, which serves current and the future specialized and financial points of interest of the Sugar Candy business to 2026. In 2019, many brands of chocolate and candy were consumed in the United States, the favorite confection of the year being Reese’s Peanut Butter Cups. Are you interested in testing our corporate solutions? 48% of U.S. consumers say that they’ve purchased a dark chocolate candy product within the last year. Certified organic cocoa products are able to sell at a higher volume, reaching rates of $300 per ton. Quick Analysis with our professional Research Service: Content Marketing & Information Design for your projects: In the following 4 chapters, you will quickly find the {amountStatistics} most important statistics relating to "Confectionery Industry". This was followed by a preference for no artificial colors (44%), no GMOs (43%), and no artificial flavors (42%). Hershey and Mars account for 87% on their own. This website requires certain cookies to work and uses other cookies to help you have the best experience. Switzerland was the largest consumer of chocolate products in the world today. (International Cocoa Organization), #32. Global organic chocolate sales increased in value from $171 million in 2002 to $304 million in 2005, driven upward because of ongoing concerns regarding food safety. facts. (IBIS World), #17. These firms are responsible for the direct employment of over 450,000 people. Major companies include Hershey, Mars, and Mondelez International, all based in the US; as well as Barry Callebaut, Lindt, and Nestlé (all based in … Also the market report includes deep dive study of the market with the number of tables, graphs and product figures which gives essential statistical information on the present state of the Sugar Candy … The greatest growth was in premium products, w… Hersey also hold a leading share of the overall candy market in the U.S, responsible for 30% of total sales. (Bureau of Labor Statistics), #35. (Packaged Facts), #41. About 500 businesses are currently involved with candy production in the United States, providing direct employment opportunities for about 17,000 people. (Euromonitor), #14. Global Trends, Statistics and Insights for Candy. Statista assumes no Candy is one of those sweet indulgences that people use to help turn around a bad day. statista… Total revenues generated by the candy production segment of the U.S.-based industry are valued at $8 billion. Industry Insights U.S. candy market was valued at over USD 12.73 billion in 2016 and is expected to witness an attractive growth over the forecast period. 41 Candy Industry Statistics, Trends & Analysis; 51 Creative Fudge Business Names; 51 Chocolate Industry Statistics and Trends; Share; Pin; Tweet; About The Author Although millions of people visit Brandon's blog each month, his path to success was not easy. Hadley Ward Mon - Fri, 9am - 6pm (EST) (212) 419-8286 hadley.ward@statista.com. Just two companies generated 70% of all chocolate candy sales at the retail level. Brown County, Indiana has the highest location quotient for candy manufacturing in the United States, at 15.8 positions per 1,000. Organic cocoa is a small, growing segment within the candy industry. New, Everything you need to know about the industry development, Find studies from all around the internet. Overview and forecasts on trending topics, Key figures and rankings about brands and companies, Consumer insights and preferences in various industries, Detailed information about political and social topics, All key figures about regions and countries, Everything you need to know about Consumer Goods, Identify market potentials of the digital future, Technology Market Outlook From 2012-2017, the candy industry saw average annual growth rates of 0.9%, reaching a total valuation of $143 billion. (Nielsen), #28. New, Figures and insights about the advertising and media world, Industry Outlook According to HJ Research's study, the global Candy market is estimated to be valued at XX Million US$ in 2019 and is projected to reach XX Million US$ by 2026, expanding at a CAGR of XX% during the forecast period. Blueberry Flavor Market 2020 Global Industry research report presents you analysis of market size, share, and growth, trends, and cost structure, statistical and comprehensive data of the global market. In order to avoid sugar intake, when consuming candy, many people choose sugar-free options. The candy industry generates around $35 billion in revenues at the retail level each year in the United States. Since December 2007, the CPI for fresh cupcakes produced by members of the candy industry has risen by 21%. The total U.S. industry market size for Candy Manufacturing: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size. Likely, the report also focuses on global major manufacturers of Candy and Sweet market providing information such as … (Statista), #7. Manufacturers of chocolate, candy, gum and mints directly employ nearly 54,000 people across the United States with more than 600,000 jobs supported in related industries, including agriculture, retail, transportation and more. 3 Important Candy Industry Trends to Watch in 2019 & Beyond. (Statista), #5. After all, this was the 70th anniversary of Candy Industry’s award to one deserving confectionery executive and leader. Jan 14, 2017 Jul 18, 2016 by Brandon Gaille. Chocolate products always have either actual chocolate as an ingredient or a chocolate mixture that applies substitutes for certain chocolate components. U.S. retail chocolate sales from countlines, Global retail consumption of chocolate confectionery, Largest per capita consumer of chocolate confectionery, Americans who often purchase seasonal candy, Research expert covering food & agriculture in the UK & Europe. (Statista), #6. As income levels rise around the world, especially in countries like India with a large middle class, the candy industry has some explosive growth opportunities to consider. They currently hold a 28.9% share of the U.S. confectionery market. (National Confectioners Association), #2. Hadley Ward Mon - Fri, 9am - 6pm (EST) (212) 419-8286 hadley.ward@statista.com. Blueberry Flavor Market Report will add the analysis of the impact of COVID-19 on this industry. (International Cocoa Organization), #31. Often, this indulgence occurs in the form of candy – and not only during … Market Size & Industry Statistics. Artificial sweeteners have almost replaced the place of sugar in the beverage industry, especially in the soft drink segment. The candy industry generates around $35 billion in revenues at the retail level each year in the United States. In the U.S., the price index has remained relatively stable since 2011. Generally, butter made from milk or … Get up to speed on any industry with comprehensive intelligence that is easy to read. (Statista), #8. (National Confectioners Association) #2. On its own, California is responsible for over 10% of all establishments. Our analysts have written industry research reports for virtually every Fortune 100 and Fortune 500 company, as well as numerous trade associations. Since 2011, GMO-free candies have doubled in sales, going from $29 million in revenues to $72 million in 2014. The top 4 marketers of seasonal chocolate candies manufactured for Halloween are responsible for nearly 98% of the dollar sales experienced by the segment. The United States continues to be a global leader in the consumption of candy products. (Euromonitor), #15. By visiting this website, certain cookies have already been set, which you may delete and block. Revenue in the Confectionery & Snacks segment is projected to reach US$295,929m in 2021. We are happy to help. Update, Insights into the world's most important technology markets, Advertising & Media Outlook Chocolate candy was the most popular Halloween candy variety among consumers surveyed in the United States in September 2020. Find industry analysis, statistics, trends, data and forecasts on Global Candy & Chocolate Manufacturing from IBISWorld. Total cocoa production worldwide reached 4.55 million tons in 2016, with about 70% of that production located in Africa. Due to varying update cycles, statistics can display more up-to-date Discover all statistics and data on Confectionery Industry now on statista.com! About 15,500 tons were produced for the global candy industry, with Madagascar being a leading exporter. Three products (Sour Patch Kids, Starburst, and Haribo Gold Bears) helped non-chocolate dollar sales to grow by 4.5% in the first half of 2018, while chocolate sales grew at just 2.5% over the same period. (IBIS World), #18. About 80% of adults in the United States say that they eat chocolate candies on a regular basis. It is an almost recession-proof industry, as many households in the U.S. view candy as an affordable treat, even when money is short for them. (Nielsen), #26. Originating countries with small volumes of organic cocoa can fetch a premium of 3 times the going rate, with some pricing near $1,000 per ton in 2017. Get in touch with us. (Statista), #36. The U.S. West is the most popular geographic region to product candy, responsible for over 18% of the total active locations in the United States. The natural profile and the clean label of artificial sweeteners are also factors … Almost 2 million tons of cocoa that is available to the global candy industry originates from the Ivory Coast. From Disabled and $500k in Debt to a Pro Blogger with 5 Million Monthly Visitors, 41 Candy Industry Statistics, Trends & Analysis, 27 Retail Grocery Industry Statistics, Trends & Analysis, 51 Chocolate Industry Statistics and Trends, 19 China Cosmetics Industry Statistics and Trends, "From Disabled and $500k in Debt to a Pro Blogger with 5 Million Monthly Visitors. Further, the study has identified and studied all the major players operating in the global confectionery and candy processing equipment market space and equated based on various … Purchase this report (Price 3500 USD for single user license) - … (Statista), #10. (Bureau of Labor Statistics), #33. Organic candies provide a $61 million boost to global revenue figures for the candy industry. These additional jobs, known as induced … Increasing consumer spending and growing urbanization have led to a huge growth of the market in the U.S. Candy Industry Magazine is a business-to-business publication that covers the global confectionery industry from manufacturing to retailing.
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