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2018 Market Analysis & Industry Outlook: Candy Manufacturing

Overview: the U.S. Candy Manufacturing Industry

This section provides answers to key questions about the industry:

  1. What is the total market size (industry revenue)?
  2. What is the industry outlook?
  3. Market Analysis: Is the market growing or declining, and how quickly?
  4. Are long-term forecasts positive or negative?
  5. What is the average company size in the industry?
  6. How many companies are in the industry?

Market Size & Industry Statistics

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.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

market size 2018
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics 2012        2013        2014        2015        2016        2017
Market Size
(Total Sales/Revenue)

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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Statistics Source: U.S. Census, AnythingResearch Market Analysis

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following five-year demand forecast projects both short-term and long-term trends.

market forecast

Forecast / Industry Outlook 2017 2018 2019 2020 2021 2022
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Candy Manufacturing Industry Price Trends

Rise and fall in market prices are affectedd by supply, demand, and the cost of goods/services sold. Higher demand or COGS will put upward price pressure on prices. Higher competition among Candy Manufacturing companies will put a downward pressure on prices. The chart shows how prices are changing within the industry, month-to-month over the last three years.

example price index trendline

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry AveragePercent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Rent paid on business property
Charitable Contributions
Domestic production activities deduction
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Candy Manufacturing company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Candy Manufacturing industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Candy Manufacturing measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 4%

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Chief Executives0%
General and Operations Managers1%
Sales and Related Occupations 10%
Retail Sales Workers 8%
Retail Salespersons 6%
Retail Salespersons 6%
Office and Administrative Support Occupations 8%
Installation, Maintenance, and Repair Occupations 7%
Other Installation, Maintenance, and Repair Occupations 6%
Production Occupations 45%
Food Processing Workers 20%
Miscellaneous Food Processing Workers 20%
Food Batchmakers 17%
Other Production Occupations 19%
Packaging and Filling Machine Operators and Tenders 8%
Packaging and Filling Machine Operators and Tenders 8%
Miscellaneous Production Workers 6%
Transportation and Material Moving Occupations 17%
Material Moving Workers 16%
Laborers and Material Movers, Hand 13%
Packers and Packagers, Hand 8%
Source: Bureau of Labor Statistics

Candy Manufacturing Industry Market Share [PREMIUM]

Largest companies in the industry and related industries, with private company revenue estimates.

CompanyAddressRevenue Estimate

Innovation News

  • Big Picture Farm trademarks "BIG PICTURE FARM" - Candies; Caramels; Chocolate confections - 04/16/2013

  • Top Innovators

    CompanyInnovation Score
    Big Picture Farm

    Additional companies, details and innovation scoring in the full report.

    Latest Industry News

    • Hammond’s Brands to shut down Old Dominion Peanut plant - After a six-month analysis of Old Dominion Peanut Co.’s manufacturing facility in Norfolk, Va., parent company Hammond’s Brands has determined it will shut down all operations there. Citing a neighborhood in transition from manufacturing and ... (01/10/2018)
    • Latin America guar gum market is at the cusp of crossing USD 119 million in 2021 according to new research report - paper manufacturing. Based on Food and Beverage application, the market is segmented into Bakery & Confectionery Products, Dairy & Frozen Products, Beverages, Sauces & Dressings and Others. Latin America Guar Gum Market region includes countries such as ... (01/09/2018)
    • Denver candy company shutting down Virginia peanut brittle plant - A Denver candy company said it will shut down its Norfolk, Virginia peanut brittle manufacturing facility. Hammond's Brands candy said it will shut down its Old Dominion Peanut Company plant, putting 70 people out of work. "Business decisions that directly ... (01/08/2018)
    • Gordon Brothers To Market Sale Of Reed’s Los Angeles Beverage Manufacturing Plant And Branded Candy Business - BOSTON and LOS ANGELES, Jan. 08, 2018 (GLOBE NEWSWIRE) -- Gordon Brothers, a global advisory, restructuring and investment firm specializing in the industrial, consumer products and retail sectors, has been retained by Reed’s, Inc. (NYSE American:REED ... (01/08/2018)
    • Old Dominion Peanut Company to Close Its Manufacturing Facility - DENVER, Jan. 5, 2018 /PRNewswire/ -- Old Dominion Peanut Company today announced its intention to close its manufacturing facility in Norfolk ... Hammond's Candies began delighting candy lovers with artisan candy canes, beautifully spun ribbon candy ... (01/05/2018)
    • Confectionery Markets in China Expected Strong Forecast Growth of 8.6% CAGR over 2016-2021 - The Confectionery in China report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and regional major industry players in detail. In this part ... (01/05/2018)
    • Atkinson Candy receives $250K job creation loan from DETCOG - LUFKIN, TX (News Release) - Atkinson Candy Company in Lufkin is the most recent recipient ... business has recently completed a 40,000 square feet expansion at its Lufkin manufacturing facility. As a part of that growth, the company qualified for the ... (01/04/2018)
    • New Japanese takoyaki candy tastes so bad, even the makers doubted it would sell - Popping a candy in your mouth results in an explosion of takoyaki ... Still unsure if the responses were a result of typical Japanese politeness, Chojudo Keika began manufacturing the sweets in small volumes, only to discover they flew off the shelves ... (01/03/2018)
    • Valeo Foods acquires Raisio’s confectionery business - Its net sales during January-September 2017 were €71.3m. Valeo said the acquired confectionery business has significant and growing private label, contract manufacturing and food ingredient operations. The company had earlier stated that the deal aligns ... (01/01/2018)
    • Looking Back: Skoug's Candy Co. downtown promoted quality - Eighth, and during that process, a decision was made to shift Skoug’s business model to manufacturing only. You could still get Skoug’s candy and ice cream, but you’d have to buy them in stores that carried them. The plant was finished by July of the ... (12/28/2017)

    Government Contracts

    In 2016, the federal government spent a total of $10,950,723 on Candy Manufacturing. It has awarded 19 contracts to 4 companies, with an average value of $2,737,681 per company.   

    Top government vendors:

    CompanyFederal ContractsTotal Award Amount

    Segments classified within this market research report

    This industry market research report includes companies whose primary business is any of the following:
    Fruit peel products (e.g., candied, crystallized, glace, glazed) manufacturing, Toffee manufacturing, Jelly candies manufacturing, Candy bars, nonchocolate, manufacturing, Candied fruits and fruit peel manufacturing, Granola bars and clusters, Cake ornaments, confectionery, Candy stores, candy made on premises, not for immediate consumption, Hard candies manufacturing, Marshmallow creme manufacturing, Fudge, Confectionery, Popcorn, candy covered popped, Chewing gum base manufacturing, Synthetic chocolate manufacturing, Fruits (e.g., Breakfast bars, nonchocolate covered, Corn confections manufacturing, Marshmallows manufacturing, Gum, chewing, Halvah manufacturing, Cough drops (except medicated) manufacturing, Chewing gum manufacturing, Crystallized fruits and fruit peel manufacturing, Popcorn balls manufacturing, Licorice candy manufacturing, Dates, sugared and stuffed, Nuts, covered (except chocolate covered), Marzipan (i.e., candy) manufacturing, Lozenges, nonmedicated, candy, etc.

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