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Candy Manufacturing – Industry Analysis, Statistics, Trends, and Forecasts

SIC 206  |  NAICS 3113

This free online guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

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Industry Analysis, Statistics, Trends, and Forecasts


Industry Research Reports
Candy Production  (view report)
Chocolate Production  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

BNP Media
Candy Industry Magazine
https://www.candyindustry.com/

Monthly trade publication features news and information for confectionery industry professionals, with special features including the January "Global Top 100" issue which ranks the top global producers by annual sales and the June "Global State of the Industry" issue which provides information on sales by type and region and includes the "North American Sweet 60" ranking of top producers in this region.


National Confectioners Association
Resources available from this trade association include:

News
https://candyusa.com/
NCA news section provides access to current and archived digital editions of the trade association's bimonthly trade magazine, "Candy & Snack Today", and also includes other news items categorized by topic, with topic categories including "CEO's Corner", "Policy & Advocacy", "Candy & Lifestyle", "Data & Insights", "Industry News", "Member News", "Supplier News", and "NCA & Industry Events".

Data & Insights
https://candyusa.com/
Data and insights section provides NCA members and retail trade partners with access to a variety of resources, with publications and other resources available in this section including the "State of the Confectionery Industry" report, "U.S. Cocoa Grinds Reports", "International Trade Statistics & Regulations Database", "NCA Global Compass & Insights", and "USDA Market Access Program".


Euromonitor International
Confectionery in the US
https://www.euromonitor.com/

Market research report analyzes the U.S. market for this product sector, with information provided in the report including historical and forecast sales by product category for chocolate (e.g., countlines, bagged selflines, boxed assortments, seasonal, and tablets) and non-chocolate (e.g., boiled sweets, licorice, lollipops, mints, chews, toffee, caramels, and nougat) candies and chewing and bubble gum.


GIA Research
Confectioneries
https://www.strategyr.com/

Comprehensive report provides in-depth analysis of the confectionery market in the U.S. and other countries, with products analyzed including chocolate (e.g., bars/blocks/slabs, boxed/assorted) and sugar confectioneries (e.g., boiled sweets, caramels, toffees, mints, lozenges) and manufacturers
profiled including Cadbury, Hershey Co., Lindt & Sprungli, Mars Inc., Mondelez Intl., and Nestle SA.


Technavio
Global Confectionery Market
https://www.technavio.com/

Market research study provides a detailed analysis of the global market for chocolate, gum, and sugar confectionery products, with topics covered in the report including market size and forecast, demand drivers and challenges, market trends and their impact, vendor landscape, and key vendors profiled including Ferrero Group, The Hershey Company, Mars, Inc. Mondelez International, and Nestle SA.


BizMiner Market Analysis Reports
Candy and Confectionery Manufacturers
https://www.bizminer.com  Search for "3113" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.


More industry research reports »

Financial Statements and Financial Ratios


BizMiner Industry Financial Ratios
Candy and Confectionery Manufacturers
https://www.bizminer.com  Search for "3113" to see available reports
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample financial statement and ratio analysis report is available free online.

Industry Research Reports
Candy Production
(see links for individual reports)  (sample spreadsheet)

Financial benchmarks section provides detailed comparative income statements and balance sheets and over twenty-five industry financial ratios, with financial benchmarks available for each of the five most recent fiscal years and on a historical average basis for three-year, five-year, and ten-year time periods. Sample spreadsheet that includes breakdowns by total asset size can be viewed free online.


More financial benchmarking data »

Compensation and Salary Surveys


U.S. Bureau of Labor Statistics
Sugar and Confectionery Product Manufacturing
https://www.bls.gov/oes/

Annual wage survey provides hourly and annual wage data for personnel employed by manufacturers in this sector, with products covered in this survey including chocolate and candies produced directly from cacao beans, candies manufactured from purchased chocolate, and non-chocolate candies and other confectionery products (e.g., hard candies, mints, licorice, toffee, caramel, and chewing gum).


PayScale, Inc.
Chocolate / Confection Manufacturing
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage data for selected job positions such as production manager, food technologist, chocolatier, packaging or filling machine operator, and quality assurance specialist, with employers for which compensation data is provided including Mars, Inc., The Hershey Company, Barry Callebut LLC, Ghirardelli, Lindt & Sprungli, and Godiva Chocolatier.


More compensation surveys »

BV Guides and Databases


BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/
Free "Visitor Search" allows users to search the DealStats, BIZCOMPS, and FactSet/BVR databases for private company sales transaction data by SIC or NAICS Code using the following codes:
  SIC Code 206 - Candy and Other Confectionery Products Manufacturing
  NAICS Code 3113 - Chocolate and Confectionery Manufacturing
Types of establishments included in these codes
Confectionery manufacturers - establishments that primarily produce candy and other confectionery products, including chocolate, gum, and hard candy. These establishments may produce products in a variety of flavors, shapes, and sizes.
Chocolate manufacturers - establishments that primarily produce chocolate products, including bars, truffles, and molded chocolates. These establishments may also produce chocolate-based snacks, such as chocolate-covered nuts or pretzels.
Gum and confectionery manufacturers - establishments that primarily produce gum and other confectionery products, such as mints, cough drops, and lozenges. These establishments may produce products in a variety of flavors and packaging options.
Sugar confectionery manufacturers - establishments that primarily produce sugar-based confectionery products, such as gummies, hard candy, and marshmallows. These establishments may produce products in a variety of flavors, colors, and shapes.
Non-chocolate confectionery manufacturers - establishments that primarily produce candy and other confectionery products that do not contain chocolate. These products may include gummies, hard candy, licorice, and lollipops.
Candy and confectionery ingredients manufacturers - establishments that primarily produce ingredients used in candy and other confectionery products, such as sugar, flavorings, and colors. These establishments may sell their products directly to confectionery manufacturers or to other food producers.
Sample reports with detailed sales transaction data and valuation multiples are available free online.

More valuation data »


Related Industries:
Candy, Confectionery, and Snack Food Distributors
Food Distributors and Wholesalers
Snack Food Manufacturers
Sugar Production and Refining

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