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|Current State of the Industry|
|Market Size (industry trends)|
|Market Forecast (5-year projection)|
|Revenue per State|
|Salary & Compensation Statistics|
|Public Company Information|
|Key Private Companies|
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2018 Market Analysis & Industry Outlook: Candy Manufacturing
Overview of the U.S. Candy Manufacturing IndustryThis section provides answers to key questions about the industry:
- What is the total market size (industry revenue)?
- What is the industry outlook?
- Market Analysis: Is the market growing or declining, and how quickly?
- Are long-term forecasts positive or negative?
- What is the average company size in the industry?
- How many companies are in the industry?
Market Size & Industry StatisticsThe 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.
|Statistics||2012 2013 2014 2015 2016 2017|
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|Average Revenue Per Firm|
|Average Employees Per Firm|
Market Forecast[PREMIUM]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.
|Forecast / Industry Outlook||2017||2018||2019||2020||2021||2022|
|Market Forecast ($ millions)|
|Projected Industry Growth Rate (%)|
U.S. Geographic Distribution: Revenue Statistics by StateMarket 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.
Candy Manufacturing Industry Price TrendsRise 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.
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 Average||Percent of Sales|
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|Cost of Goods Sold|
|Pension, profit sharing plans, stock, annuity|
|Rent paid on business property|
|Domestic production activities deduction|
|Compensation of officers|
|Salaries and wages|
|Employee benefit programs|
|Taxes and Licenses|
|Other Operating Expenses|
|Total Operating Expenses|
|EBIT (Earnings Before Interest and Taxes)|
|Earnings Before Taxes|
Financial Ratio AnalysisFinancial 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 Ratios||Industry 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.|
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 Ratios||Industry Average|
|Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.|
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 Indicators||Industry 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
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
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 EmployeesCompensation 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.
|Title||Percent of Workforce||Bottom Quartile||Average (Median) Salary||Upper Quartile|
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|General and Operations Managers||1%|
|Sales and Related Occupations||10%|
|Retail Sales Workers||8%|
|Office and Administrative Support Occupations||8%|
|Installation, Maintenance, and Repair Occupations||7%|
|Other Installation, Maintenance, and Repair Occupations||6%|
|Food Processing Workers||20%|
|Miscellaneous Food Processing Workers||20%|
|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%|
Candy Manufacturing Industry Market Share [PREMIUM]Largest companies in the industry and related industries, with private company revenue estimates.
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 ContractsIn 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:
|Company||Federal Contracts||Total Award Amount|
Segments classified within this market research reportThis industry market research report includes companies whose primary business is any of the following:
Hard candies manufacturing, Synthetic chocolate manufacturing, Fruit peel products (e.g., candied, crystallized, glace, glazed) manufacturing, Candied fruits and fruit peel manufacturing, Dates, sugared and stuffed, manufacturing, Fruits (e.g., Crystallized fruits and fruit peel manufacturing, Granola bars and clusters, nonchocolate, Halvah manufacturing, Toffee manufacturing, Popcorn balls manufacturing, Chewing gum base manufacturing, Gum, chewing, Popcorn, candy covered popped, Candy stores, candy made on premises, not for immediate consumption, Fudge, Marshmallows manufacturing, Jelly candies manufacturing, Nuts, covered (except chocolate covered), Marzipan (i.e., candy) manufacturing, Marshmallow creme manufacturing, Confectionery, Licorice candy manufacturing, Candy bars, Corn confections manufacturing, Breakfast bars, nonchocolate covered, Chewing gum manufacturing, Cough drops (except medicated) manufacturing, Cake ornaments, confectionery, Lozenges, nonmedicated, candy, etc.
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