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Confectionery Wholesaling in the US - Industry Market Research Report

Confectionery Wholesaling in the US - Industry Market Research Report

  • August 2020
  • 56 pages
  • ID: 198869
  • Format: PDF
  • Ibisworld

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Sugar rush: Growth in the world price of sugar is expected to bolster industry product prices

Abstract

Confectionery Wholesaling in the US
The Confectionery Wholesaling industry includes merchant wholesalers that distribute candy and snack products to a variety of retailers, including grocery stores, convenience stores and mass merchandisers. The industry also includes the wholesale divisions of major snack manufacturers, such as PepsiCo Inc., Mars Inc. and the Hershey Co. Over the five years to 2019, rising health consciousness has mitigated sales growth. As a result, upstream candy and snack manufacturers have consistently introduced new snack products that appeal to a wider range of consumers, as well as reformulating existing brands with healthier, more premium ingredients. However, demand for potato chips, chocolate candy bars and other packaged snacks has lagged demand for healthier alternatives. IBISWorld expects the Confectionery Wholesaling industry to perform well over the five years to 2024.

Operators in this industry primarily wholesale a range of chocolate and nonchocolate candy, in addition to a range of savory snacks, such as nuts, popcorn and chips. Industry operators resell these products to supermarkets, specialty confectionery retail outlets, convenience stores and vending machine operators.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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