Confectionery Wholesaling in the US - Industry Market Research Report

Confectionery Wholesaling in the US - Industry Market Research Report

Confectionery Wholesaling in the US

The current period has been marked by consolidation activity, especially as major companies seek to build healthier product lines, reducing demand for traditional sweets. Also, many manufacturers have introduced direct-selling platforms online, while major wholesalers have integrated supply chains, driving competition between the largest and small companies. Still, industry-wide revenue has been increasing at a CAGR of 2.0% to an estimated $69.3 billion over the past five years, despite a projected 1.0% decrease in 2023.

Wholesalers in this industry wholesale a range of chocolate and nonchocolate candy, in addition to a range of savory snacks like nuts, popcorn and chips. Wholesalers 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.