Industry Analysis & Industry Trends
The Chocolate & Confectionery Production industry endured a difficult period during the past five years. Since 2008, the collapse of the housing market, the onset of the financial crisis and the United Kingdom's descent into recession gradually eroded consumer confidence, which sharply constrained spending on chocolate and confectionery. At the same time, rising cocoa, sugar and milk prices increased production costs. Weak demand limited producers' ability to pass on these costs to consumers, resulting in falling profitability. The organic and fair trade movements grew dramatically over the past decade and created niche segments across various facets of the food and beverage sector... purchase to read moree
Industry Report - Industry SWOT Analysis Chapter
The Chocolate & Confectionery Production industry is in the mature phase of its life cycle, characterised by a saturated domestic market and a range of well-established products and manufacturers. Although barriers to entry are of a medium level, the industry is typified by a few, large producers who fiercely compete for market share, restricting the number of new players entering the industry. Given the high level of domestic saturation, it is imperative for manufacturers to constantly introduce new products in the marketplace to stimulate demand and differentiate themselves from their competitors. The fair trade and organic movement and the growth of sugar-free confectionery targeted at adults have been some of the opportunities created within the industry... purchase to read more