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Hoover's Directories > Industry Overviews > Candy Manufacturing

Candy Manufacturing

  • Overview
  • Risks & Opportunities
  • Call Prep Questions

Industry Description

The US candy manufacturing industry includes about 1,600 companies with combined annual revenue of about $20 billion. Major companies include The Hershey Company, Mars, Tootsie Roll Industries, and Russell Stover Candies. The industry includes three major segments: companies that make chocolate from beans, companies that use purchased chocolate to make candies, and companies that make nonchocolate candy. All three segments are concentrated.

SIC: 2064, 2066
NAICS: 311340, 311330, 311320
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Top 5 Companies

CompanySalesLocation
Mars, Incorporated30,000.00MMclean, VA
CADBURY LTD9,515.79MUxbridge, Middlesex
The Hershey Company6,080.79MHershey, PA
CONFECTIONARY, BISCUIT AND CHOCOLATE MAKERS COOPERATIVE COMPANY6,000.00MTehran, Iran
Barry Callebaut AG5,565.89MZurich, Switzerland
Bullet - Yellow Arrow Box There are 20,427 companies in this industry. To view all of them, register now.

Industry Indicator

The consumer price index for food, an indicator of candy product values, rose 4.7 percent in December 2011 compared to the same month in 2010.
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Quarterly Industry Update

Cocoa Prices Increase in Ghana - Ghana, one of the world's largest cocoa suppliers, recently set higher cocoa prices through the 2011-2012 season, which could mean higher ingredient prices for confectioners.
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