Industry Analysis & Industry Trends
The Chocolate and Confectionery Production industry's revenue has declined over the past five years due to weak economic conditions and fluctuations in the price of key inputs in a saturated market. The shift of production capacity to Continental Europe has also contributed to the contraction in revenue, which is estimated to fall at a compound annual rate of 5% over the five years through 2016-17. Domestic production of chocolate and confectionery is currently under threat as food giants like Mondelez move production from Britain in order to reduce costs. High input costs as a result of the 25.6% increase in the world price of cocoa in 2014 coupled with the effects of a depreciating pound are expected to squeeze operators' profit margins over the two years through 2016-17... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of industry establishments is largely in line with the spread of the population but is also dependent on the historical development of the UK confectionery industry.
The North West
The North West is home to the largest number of industry establishments, with an estimated 15.1% located here. As this region is home to many food manufacturing companies, operators benefit from being close to other firms' supply chains and the infrastructure they already have in place. Greater Manchester is home to a number of food processors such as Kellogg's, Unilever and Premier Foods, all of which make use of chocolate in their products.
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