Industry Analysis & Industry Trends
The Chocolate and Confectionery Manufacturing industry has remained fairly resilient over the past five years, despite a recessive economy, volatile input prices, and health and ethical issues. Increasing health consciousness has required manufacturers to be innovative with their product lines and adapt to shifting consumer demands. In addition, consumers have demanded ethical and sustainable production methods, resulting in significant growth in the sale of fair trade chocolate products. Industry revenue is estimated to increase at a compound annual 0.5% over the five years through 2013-14... purchase to read more
Industry Report - Industry Products Chapter
The Chocolate and Confectionery Manufacturing industry provides a range of chocolate, confectionery and chewing gum products. The breadth of product variety in each segment has increased over the past five years, as a maturing domestic market has resulted in greater product diversification and manufacturers have attempted to offer niche and premium products.
Chocolate is the industry's largest product segment, accounting for an estimated 65.7% of industry revenue. The chocolate segment is highly concentrated and characterised by a small number of extremely well-established brands that benefit from high levels of consumer loyalty. This segment primarily provides chocolate bars and blocks... purchase to read more