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Candy Manufacturing Industry
Insights from D&B Hoovers

Industry Analysis

Description

The candy manufacturing industry includes three major segments: companies that make chocolate from beans, companies that use purchased chocolate to make candies, and companies that make nonchocolate candy. Major companies include Hershey, Mars, and Mondelez International, all based in the US; as well as Barry Callebaut, Lindt, and Nestlé (all based in Switzerland); Ferrero (Italy); and Meiji (Japan).

Competitive Landscape

Candy manufacturers are developing new product lines and revamping their marketing strategies to capitalize on the growing popularity of healthier snacks and gourmet confections. Small and independent candy makers that sparked the early growth of those segments are now fending off competition from major manufacturers that have been making acquisitions and reformulating recipes in an effort to gain market share.

Products, Operations & Technology

Chocolate candies account for about 60% of US confectionery sales, nonchocolate candy for about 30%, and gum for about 10%, according to the National Confectioners Association. Nonchocolate candies include a wide variety of products, 500 Internal Server Error
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