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2018 Market Analysis & Industry Outlook: Chocolate Confectionery
Overview of the U.S. Chocolate Confectionery 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 Chocolate Confectionery: 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 (%)|
Product & Services BreakdownResearch products and services in the Chocolate Confectionery industry generating sales. Note that products are broken into categories with different levels of classification.
|Product Description||Sales ($ millions)||Percent of Total Sales|
Nonchocolate Confectionery Manufacturing
Nonchocolate-Type Confectionery Products, Made And Packaged For Shipment Not Retailed At Manufacturing Establishment
Confectionery Manufacturing From Purchased Chocolate
Chocolate And Chocolate-Type Confectionery Products, Made From Purchased Chocolate Not Retailed At Manufacturing Establishment
Chocolate And Chocolate-Type Confectionery Products, Made From Purchased Chocolate Retailed At Manufacturing Establishment
Confectionery Manufacturing From Purchased Chocolate, Not Categorized, Total
Total Miscellaneous Receipts
Resales - Sales Of Products Bought And Sold Without Further Manufacture, Processing, Or Assembly
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.
Chocolate Confectionery 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 Chocolate Confectionery 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 Chocolate Confectionery 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 Chocolate Confectionery 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 Chocolate Confectionery 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%|
Chocolate Confectionery Industry Market Share [PREMIUM]Largest companies in the industry and related industries, with private company revenue estimates.
|Sucesores Pedro Cortes|
Additional companies, details and innovation scoring in the full report.
Latest Industry News
- Students charged with bringing pot-laced candy to school - ELLSWORTH, Maine (AP) — Maine police say they've issued summons to four teenagers accused of bringing marijuana-infused candies to school with them. Ellsworth police issued a summons to a 19-year-old Ellsworth man and three other minors on charges of ... (01/10/2018)
- 4 teenagers charged with trafficking pot-laced candy - Four teenagers have been charged with aggravated drug trafficking after pot-laced Jolly Ranchers were distributed at Ellsworth High School. Police said 19-year-old Adam Bradshaw, of Ellsworth, bought the candies at a medical marijuana dispensary and gave ... (01/10/2018)
- Jets corner Rashard Robinson arrested for pot candy - Jets coach Todd Bowles was surprised when the team traded for cornerback Rashard Robinson in October. So imagine his reaction upon learning Robinson was arrested for edible marijuana possession. Via Darryl Slater of NJ.com, Robinson was arrested in ... (01/10/2018)
- Rashard Robinson, Jets cornerback, arrested with pot-laced candy - Jets cornerback Rashard Robinson was charged with drug possession after a December arrest, prompting fair questions about the team’s wisdom to trade for the troubled second-year player midway through the season. Morris County police found a marijuana ... (01/10/2018)
- Chicago, IL – Adopt Candy Cane the Friendliest Black & White Kitten - Candy Cane is a playful, friendly, beautiful and sweet, six-month-old, six-pound, female black and white kitten with gorgeous green eyes, looking for a loving guardian. Candy Cane loves other cats - kittens as well as older cats. She also adores people and ... (01/10/2018)
- Jets' Rashard Robinson arrested with pot-laced candy - HANOVER TOWNSHIP, N.J. -- New York Jets cornerback Rashard Robinson has been accused of possessing marijuana-laced candy. Authorities say the 22-year-old was pulled over in Morris County, New Jersey last December and police found "THC infused Peanut Budda ... (01/10/2018)
- Hershey and Ferrero compete for Nestle's US candy business - Nestle's sale of its U.S. candy business received bids from Hershey, Ferrero, sources tell CNBC Nestle said in June it would explore strategic options, including a possible sale, for its U.S. chocolate and candy business that is said to be valued at $2 ... (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 ... (01/09/2018)
- Rashard Robinson Arrested for Possessing Marijuana-Laced Candy - New York Jets cornerback Rashard Robinson was arrested in New Jersey last month and accused of possession of marijuana-laced candy. The Associated Press reported Robinson was pulled over in December and charged with drug possession and careless ... (01/09/2018)
- Is Hershey Mulling Over Nestle's U.S. Candy Business Buyout? - The Hershey Co. HSY is likely to acquire Nestle's U.S. confectionery business, which includes brands such as Butterfinger, Baby Ruth, Sno-Caps and Laffy Taffy, per media reports. The chocolate giant may have submitted its final bids on Jan 5, 2018. (01/08/2018)
Government ContractsIn 2016, the federal government spent a total of $5,864 on Chocolate Confectionery. It has awarded 2 contracts to 1 companies, with an average value of $5,864 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:
Candy stores, chocolate, candy made on premises not for immediate consumption, Baking chocolate made from purchased chocolate, Fudge, made from purchased chocolate, Chocolate coatings and syrups made from purchased chocolate, Liquor, Chocolate covered granola bars made from purchased chocolate, Chocolate covered candy bars made from purchased chocolate, Drink powdered mixes, cocoa, made from purchased cocoa, Cocoa, powdered drink, prepared, Granola bars and clusters, powdered, mixed with other ingredients, Syrup, Nuts, chocolate covered, Chocolate (coating, instant, liquor, syrups) made from purchased chocolate, etc.