Candy: Market Research Report

December 2011 | 188 pages | ID: C08F6032E7FEN
Global Industry Analysts, Inc

Abstracts

The global outlook series on Candy provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings.

The report offers an aerial view of the global airline industry, identifies major short to medium term market challenges, and growth drivers.

Market discussions in the report are punctuated with fact-rich market data tables.

Regional markets elaborated upon include United States, Canada, Mexico, Japan, France, Germany, Italy, Russia, Spain, UK, Australia, China, Hong Kong, India, Korea, Malaysia, New Zealand, Philippines, Singapore, Taiwan, Thailand, Vietnam, Argentina, Brazil, Chile, Colombia, Venezuela, and Saudi Arabia, among others.

Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 632 Candy-manufacturing companies worldwide.

Contents

1.OVERVIEW

Confectionery Market In Retrospect
Resilience of the Sugar-free Gum Category
Market Highlights

Table 1. Global Candy Market (2010): Per Capita Consumption of Candy (in Kgs Per Year) by Select Countries

Post Recessionary Analysis of the Global Confectionery Market
Gums, Mints and Breath Freshners to Witness Growth Post Recession
Rise in Product Launches Forecast Post-recession
Organic Confections Sales to Revive Post Recession
Specialty Chocolates Steers Sales Growth in the Confectionery Markets
Key Statistics

Table 2. Leading Players in the Global Candy Market (2010) - Annual Revenues (in US$ Billion)

Table 3. Global Candies, Confectioneries, Gum and Derivatives Market (2010): Production Breakdown (in Thousand Tons) by Select Countries

Table 4. Global Confectionery Market (2010): Percentage Breakdown of Value Sales by Type

Table 5. Global Sugar Confectionery Market by Geographic Region – US, Canada, Europe, Asia-Pacific, Latin America and Rest of World Independently Analyzed with Annual Sales Figures in US$ Million for Years 2010 through 2015

Table 6. Global Sugar Confectionery Market (2011 & 2015): Percentage Breakdown of Value Sales for US, Canada, Europe, Asia- Pacific, Latin America and Rest of World by Geographic Region

2.MARKET DYNAMICS

Lifestyles, Eating Habits and Demographic Profiles
Health Benefits Lead the Confectionery Product Claims
Challenges in Dietary Concerns
Texture and Taste Balancing
Healthy Ingredients in Confectionery Products
Leading Product Claims in the Global Sugar and Gum Confectionery Market (2010): Ranked on the Basis of Popularity
Top Product Claims in the Global Chocolate Confectionery Market (2010): Ranked on the Basis of Popularity
Consumer Profile for Candies
Disposable Incomes and Other Macro Economic Factors
Product Innovation, Package Innovation and Branding
Focus Shifts to Healthy and Environmentally Sustainable Products
Competition from Snack Foods and other Impulse Buys
Seasonality
National Attitudes Affect Candy Consumption
Healthy Candies Vroom the Candy Street
Dark Chocolates Catch Consumer Fancy as a Healthful Indulgence
Licorice, A Dominant Candy Sector
Innovation Spurred by the War for Shelf and Mind Space
New Flavors and Natural Ingredients Drives Up the Candy Sector
Novelty/Interactive Candies Foray into the Sector
Seasonal Sales – Going Strong
Licensed Candies: Strengthening Profits
Private Label – Hitting the Right Note
A ‘Flavorful’ Growth
Demand On Rise for Soft Chewy Segment of Non-Chocolate Candies
Sour Soars
Caramel and Fruity Flavors Dominate the Chewy Candy Sector
Combo Flavor Candies Catching Up
Petty Looks Pretty
Energy Bars: The Pocketsize Power Houses
High Costs of Living Propel Value Sales
Mature Markets Seek ‘Healthier’ Sales
Candy Makers Shifting Operations Overseas
Premiumization Pampers Value Growth in Chocolate Candy
Sugar Candy Continues to Lure Strong Sales
Indulgence and Fitness: Strategic ‘Fit’ for the Candy Industry
Product Variety Deepens Market Fragmentation
Candy Sector Attracts Investors
Tactical Acquisitions Charges Up the Candy Market
Consolidation Leaves no Room for Small Players
Rising Business Costs to Affect Candy Market
Requirement of More Transparent Labeling for Candy Sector
Retail Makeover Widens Candy Sales

Table 7. Global Confectionery Market (2010): Percentage Region-wise Breakdown of Confectionery Distribution By Retail Channel- Supermarkets/hypermarkets, Discounter, Small Grocery Retailers, Confectionery Specialist, Other Grocery Retailers, Non- Grocery Retailers, Non-Store Retailing

‘Developing’ Markets

3.SEGMENTAL PERSPECTIVE

Sugar Candy
Innovation and Positioning Strategies Upstage the Sugar Sector
Appeasing the Connoisseur is no Kid’s Game
Licensing and Novelty: Reviving Fortunes
Chocolate Candy
Cacao: Literally, Food of the Gods…

Table 8. Global Cocoa Production (in ‘000 Tons) by Region for the Years 2008 through 2010

Table 9. Leading Players in the Global Cocoa Processing (2010): Percentage Breakdown of Market Share for Cargill, ADM, Barry Callebaut, Blommer and Others

Table 10. Global Chocolate Production for 2008 by Select Countries (in Millions of Tons)

Global Chocolate Market Poised to Grow Exorbitantly
Masking the Fall in Volumes
Chocolate Candy Market – Competition from Private Label Warded off
Weakening Foothold in Mature Markets
Squeezing Profitability Vs Industry Ploys
Innovation Leads the Chocolate Industry
Candied Fruits and Nuts
Healthy Eating Beefs Up Demand
Outlook

4.MERGERS & ACQUISITIONS

5.STRATEGIC CORPORATE DEVELOPMENTS

6.PRODUCTS LAUNCHES/ DEVELOPMENTS

A REGIONAL MARKET PERSPECTIVE

1.NORTH AMERICA

1A.UNITED STATES

An Overview
Changing US Candy Market Scenario
Interesting Candy Facts
Market Trends
Confections Unscathed By Recession!
Rise of the 'Baby Boomlet' Generation Sets in Changes
Introduction of Intense Non-Chocolate Flavors Drive Sales
Chocolate Flavored Candies Make a Comeback
Sales of Candies and Chewing Gums Rising in Convenience Stores
Sugar-Free Candies Gaining Grounds in Non- Chocolate Confectionery Sector
Premium Chocolates, A Darling Candy Category of the Mass-Market Channels
Branded Vs Private Label Candy
Diet Candy – The Sugar-free ‘Sweetener’
Sugar-Free Products Enter Mainstream
Snacking Posts Smacking Growth
Savvy Marketers Entice the Hispanic Tastes
Few Private Labels
Changing Face of the Candy Market
Novelty Candy: Splendid Growth
Non-Chocolate Candy: Cursed by Incursions
Dichotomy Props Sales
Seasonality Soars Sales
Supermarkets are the Largest End-Outlets
Growth Drivers
Retailing Trends
Food Stores Clock Highest Sales
Key Statistics

Table 11. US Candy Market (2010): Percentage Breakdown of Value Sales by Category

Leading Brands in the US Chocolate Candy Bar Market (2010): Ranked on the Basis of Highest Value Sales in US$ Million (1 for Highest Sales)

Table 12. Leading Brands in the US Licorice Market (2010): Percentage Breakdown of Market Share for Twizzler, Red Vines, Good & Plenty, Twizzler Pull 'N Peel, Twizzler Nibs, Private label and Others

Table 13. Leading Brands in the US Marshmallow Market (2010): Percentage Breadown of Market Share for Kraft Jet Puffed, Campfire, Jet Puffed Funmallows, De La Rosa, Jet Puffed Holiday Mallows, Private label, and Others

Table 14. Leading Brands in the US Chocolate Candy Market (2010): Percentage Breakdown of Volume Sales for Hershey's, M & M's, Hershey's Kisses, Cadbury, Private Label, Snickers, Hershey's Special Dark, Hershey's Symphony, Reeses, Hershey's Nuggets, and Others

Table 15. Major Brands in the US Hard Sugar Candy Market (2010): Percentage Breakdown of Market Share for Jolly Rancher, Werther's Original, Life Savers, Charms Blow Pop, Tootsie Roll Pops, Nips, Spangler Dum Dum Pops, Creme Savers, Private label and Others

Table 16. Sugar-Free Candy Market in the US (2010): Percentage Breakdown of Volume Sales by Category

Table 17. Leading Brands in the US Sugar- free Candy Market (2010): Percentage Breakdown of Value Sales for Lifesavers, Werthers Original, Halls Refresh, Baskin Robbins, Nips, Private Labels and Others

Table 18. Leading Brands in the US Sugar- Free Chocolate Candy Market (2010): Percentage Breakdown of Market Share for Russell Stover, Hershey's, Dove, Reese's, Whitman's Sampler, York Peppermint Patty, DeMet's Turtles, and Others

Table 19. Leading Players in the US Novelty Non Chocolate Candy Market (2010): Percentage Breakdown of Market Share for Nestlé USA Inc., Topps Company Inc., Tootsie Roll Industries, Pez Candy, Ce De Candy Inc., Necco, Farley's and Sathers Candy, Candyrific, William Wrigley Junior Co., Private label and Others

Table 20. Leading Brands in the US Gums Market(2010): Percentage Breakdown of Market Share for Wrigley's Double Mint, Wrigley's Juicy Fruit, Wrigley's Winterfresh, Wrigley's Spearmint, Wrigley's Big Red, Freedent, Bubblicious, Hubba Bubba Max, and Others

Table 21. Leading Brands in the US Sugar-less Gum Market (2010*): Percentage Breakdown of Value Sales for Orbit, Trident, Wrigley's Eclipse ,Wrigley’s 5, Stride, Wrigley’s Extra, Trident White, Orbit White, Dentyne Ice, and Others

Table 22. Leading Brands in the US Non-Chocolate Chewy Candy Market (2010): Percentage Breakdown of Market Share for Skittles, Starburst, Reese's Pieces, Sour Patch Kids, Just Born Mike and Ike, Jaret Swedish Fish, Life Savers Gummies, Private label and Others

1B.CANADA

Canadian Confectionery Industry: Now and Then!
Canadian Confectionary Gum Market
Chocolate Remains Popular

1C.MEXICO

Market Overview
A Future Market for Candies
Retailers Dominate the Distribution Channel
Growth Drivers

2.JAPAN

Market Primer
Tapping the Gray Market: An Emerging Market Trend

3.EUROPE

Candy Market in Europe – A Kaleidoscope of Differing Tastes
Obesity a Major Cause of Concern
Growth in Mature Markets
Sugar-Free Gum at an All Time High in Europe
New Chocolate Rules Discount Chocolate Costs
Travel Retailing: The ‘Big’ Game
Key Statistics

Table 23. European Sugar Confectionery Market by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Independently Analyzed with Annual Sales Figures in US$ Million for Years 2010 through 2015

Table 24. European Sugar Confectionery Market (2011 & 2015): Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe by Geographic Region

3A.FRANCE

Market Overview
Chocolate Market Succumbs To Recession
An Enthusiastic Consumer of Chocolate
Key Statistics

Table 25. France Candy Market (2010): Percentage Breakdown of Market Share by Type

Table 26. Leading Players in the French Candy Market (2010): Percentage Breakdown by Revenues

Table 27. French Candy Market (2010): Percentage Breakdown of Revenues by Retail Channel

3B.GERMANY

Market Primer
Costs Restrain Growth of German Confectionery
Traditional Confectioneries Fade in Light of Burning Health Concerns…

3C.ITALY

Local Producers Eye Overseas Opportunities

3D.RUSSIA

Competitive Landscape
Chocolate Consumption Still a Luxury
Caramels: A Tough Sell
Consolidation Ripples in Russia

3E.SPAIN

Overview

3F.UNITED KINGDOM

Overview
Outlook
Chocolate Confectionery Market Trends: 2009-2011
Private Labels Closely Trail Market Leaders

Table 28. Chocolate Candy Market in the UK (2009 & 2010): Advertising Expenditures in £ Million by Media Type – TV, Outdoor, Cinema, Radio, and Press

Recession Trends in the UK Confectionaries Market
Chocolate Confectionery Market Witnesses a Decline in Sales
Recession Brings in Opportunities- Manufacturers Leverage with New Product Launches
Consolidation and Brand Extensions Mark the Year 2008
Manufacturers Emphasize More on Value
Low Calorie Confectionery Offers Hope for Future Growth
Private Labels Closely Trail the Market Leaders
Implications of the Review of Foodstuffs’ Labeling
Purpose of Purchase: Stocking and Snacking Fuel Volumes
Demographics of Chocoholics
Purchase Decision: Increasingly Driven by Impulse
Competition

Table 29. Leading Manufacturers in the UK Chocolate Market (2010): Percentage Breakdown of Value Sales for Cadbury Trebor Basset, Mars, Ferrero, Kraft Foods, Private Labels and Others

Table 30. Leading Brands in the UK Gum Market (2010): Percentage Breakdown of Value Sales for Wrigley's Extra, Haribo gums and jellies, Rowntree's gums and jellies, Maynards gums and jellies, Wrigley's Airwaves, Trebor Softmints, Starburst, Polo, Private label and Others

3G.REST OF EUROPE

Overview

3GA.AUSTRIA

Stability Retains Vitality
Emerging Out of Quality Concerns

3GB.BELGIUM

Overview

3GC.BULGARIA

Overview

3GD.CZECH REPUBLIC

Age Influences Product Choice
Unhealthy Ingredients-A Turn Off!
Czech Consumer Looks for More...
Changing Retail Trends

3GE.DENMARK

Europe’s Leading Consumer of Confectionery

3GF.FINLAND

Overview

3GG.GREECE

Per Capita Consumption Low

3GH.HUNGARY

Hunger for Functional Confectionery
Inexpensive Products are Popular

3GI.IRELAND

Highest Per Capita Consumption

3GJ.NORWAY

Growing the Sugar-Free Way

3GK.POLAND

Rising Economic Multiples Spur Industry Interests
Confectionery Consumption on Rise, Driven by Chocolate

3GL.PORTUGAL

Overview

3GM.SWEDEN

The Novelty Den

3GN.SWITZERLAND

World Renowned Quality
Swiss Chocolate Market Tastes Sweet Growth
Rising Chocolate Imports Cause Major Concern

3GO.THE NETHERLANDS

‘Dutch’ Crafting the European Confectionery Markets

3GP.TURKEY

Pricing is the Key

3GQ.UKRAINE

Overview

4.ASIA-PACIFIC

Market Overview
Asia-Pacific to Offer Opportunities On a Platter…
Sugar Confectionery Consumption Exceeds Chocolate Consumption
Price Sensitivity Discounts Premiumization
Key Statistics

Table 31. Asia-Pacific Sugar Confectionery Market by Geographic Region – Japan, Australia, China and Rest of Asia-Pacific Independently Analyzed with Annual Sales Figures in US$ Million for Years 2010 through 2015

Table 32. Asia-Pacific Sugar Confectionery Market (2011 & 2015)- Percentage Breakdown of Value Sales for Japan, Australia, China and Rest of Asia-Pacific by Geographic Region

4A.AUSTRALIA

Overview
A Premium Chocolate Exporter

4B.CHINA

Sweet Tooth Getting Sweeter
Market Trends
Changing Landscape of Chinese Candy Market
Demand Picking Up
Candy Gifts – Gaining Momentum
Green Field Ventures by MNCs Domesticate the Candy Industry
Consumer Perspective

4C.HONG KONG

Overview

4D.INDIA

Overview

Table 33. Leading Players in the Indian Confectionery Market (2010): Percentage Share Breakdown for Cadbury PLC, Perfetti, Nestlé S.A., and Others

Outlook

4E.KOREA

Overview
Emerging Economies Turn Eye Candies for Korean Confectioners

4F.MALAYSIA

Multinational Companies Dominate

4G.NEW ZEALAND

High Consumption Drives Candy Sales

4H.PHILIPPINES

Overview
Imports Demand High Brand Equity

4I.SINGAPORE

Indulgence in Chocolate Reaching New Heights

4J.TAIWAN

Low-Sweet Functional Products are the Sweetest Sellers
Key Statistics

Table 34. Taiwanese Sugar Confectionery Market (2010): Percentage Breakdown of Value Sales by Sub-Sector

Table 35. Taiwanese Candy Market (2010): Percentage Breakdown of Value Imports in US$ by Country of Origin

4K.THAILAND

Westernization Drives up Sales

4L.VIETNAM

Overview

5.LATIN AMERICA

Key Statistics

Table 36. Latin American Sugar Confectionery Market by Geographic Region for Brazil and Rest of Latin America Independently Analyzed with Annual Sales Figures in US$ Million for the Years 2010 through 2015

Table 37. Latin American Sugar Confectionery Market (2011 & 2015): Percenatge Breakdown of Value Sales for Brazil and Rest of Latin America by Geographic Region

5A.ARGENTINA

Overview
A 2010 Review of the Confectionery Market in Argentina
Chocolate Exports Increases

5B.BRAZIL

Overview
Brazilian Cocoa Attracts Foreign Giants

5C.CHILE

Underdeveloped Market for Confectionery

5D.COLOMBIA

A ‘Voluminous’ Growth

5E.VENEZUELA

Overview

6.MIDDLE EAST

Overview

Table 38. Leading Players in the Middle East Confectionery Market (2010): Percentage Breakdown by Revenues

Economic Recovery to Accelerate Confectionery Sales

6A.SAUDI ARABIA

Consumption on Rise

6B.IRAN

6C.ISRAEL

7.AFRICA

7A.SOUTH AFRICA

An Overview

7B.EGYPT

An Overview
Global Directory