Industry Analysis & Industry Trends
The British sweet tooth has sustained demand for confectionery manufacturers, wholesalers and retailers over the past five years, despite the adverse effect of the global economic downturn. The British love for chocolate helped mitigate the flow-on effects of rapid declines in downstream discretionary spending and increased volatility of input prices upstream.
The industry faces rising internal competition, especially between dominant multinational food companies like Kraft and Mars, which are primarily manufacturers of chocolate and confectionery but have taken advantage of their vertically integrated operations to mitigate the incidence of wholesale bypass... purchase to read more
Industry Report - Industry Analysis Chapter
Britons love their chocolate and with per capita consumption of about 10 kilograms per year, Britons are the third-largest consumers of chocolate in Europe. The United Kingdom is also one of Europe's largest markets for sugar (non-chocolate) confectionery. However, the Confectionery Wholesaling industry has had to contend with rapid declines in discretionary spending and dramatically volatile input prices, particularly for sugar, milk and cocoa. Industry players have taken advantage of their vertically integrated operations and created opportunities in the market through clever product innovation, aggressive marketing and embracing new consumer trends... purchase to read more