$63.4bn
$X.Xbn
39,934
3,324
$X.Xbn
Confectionary wholesalers contend with an increasingly competitive environment as vertically integrated companies expand their reach and operation costs mount. Consumers are reducing sugar consumption as prices climb and more individuals seek healthier eating habits. The rising price of sugar boosts purchase costs for wholesalers, who are also contending with volatile diesel prices. Passing costs to downstream buyers has become increasingly tricky as vertically integrated competitors leverage economies of scale to generate lower selling prices, and health-conscious consumers view the higher cost as an incentive to continue healthier eating habits. Revenue has been sinking at a CAGR of 0.1% over the past five years and is expected to reach $63.4 billion in 2024, when revenue will drop an estimated 0.3%.
Industry revenue has declined at a CAGR of 0.1 % over the past five years, to reach an estimated $63.4bn in 2024.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
---|---|---|---|---|
Frito-Lay North America, Inc. | 17,871.5 | 5,165.0 | 28.9 | |
Performance Food Group Co | 10,949.2 | 1,399.4 | 12.8 | |
Mars Inc. | 8,973.1 | 1,784.0 | 19.9 |
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Industry revenue is measured across several distinct product and services lines, including Chocolate, Non-chocolate candy and Gum and mints. Chocolate is the largest segment of the Confectionery Wholesaling in the US.
Consumers' penchant for chocolate overrides healthier eating habits
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.
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NAICS 42445 - Confectionery Wholesaling in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
The number of vertically integrated companies is growing. Vertically integrated companies can easily manufacture and distribute their products--often some of the most popular...
Learn about an industry's products and services, markets and trends in international trade.
Chocolate products enjoy more consumer loyalty. Even during periods of economic downturn, chocolate products outperform other candy segments, so distributing various chocolat...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Population density is key in the Mid-Atlantic region. New York City houses many specialty restaurants, gift shops and premium stores that sell or use candy and snack products...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Since confectionery and snacks are discretionary food items, quality is one of the most important bases of competition. Consumers tend to be very discerning of confectionery ...
Learn about the performance of the top companies in the industry.
Frito-Lay North America Inc. is a private company with an estimated 55,000 employees. In the United States, it is are regarded as an all-star because it outperforms its compe...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The Food and Drug Administration protects public health. The rising public scrutiny over the nutritional content of snacks and candy will increase regulatory pressure on conf...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Volatile input costs have offset profit growth. The world prices of sugar and cocoa, among the key inputs for chocolate and candy production, have remained volatile, affectin...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Confectionery Wholesaling in the US industry in United States is $63.4bn in 2024.
There are 3,324 businesses in the Confectionery Wholesaling in the US industry in United States, which has declined at a CAGR of 2.8 % between 2019 and 2024.
The market size of the Confectionery Wholesaling in the US industry in United States has been declining at a CAGR of 0.1 % between 2019 and 2024.
Over the next five years, the Confectionery Wholesaling in the US industry in United States is expected to decline.
The biggest companies operating in the Confectionery Wholesaling market in United States are Frito-Lay North America, Inc., Performance Food Group Co and Mars Inc.
Candy wholesaling and Chewing gum wholesaling are part of the Confectionery Wholesaling in the US industry.
The company holding the most market share in United States is Frito-Lay North America, Inc..
The level of competition is moderate and steady in the Confectionery Wholesaling in the US industry in United States.