Sugar and Confectionery Product Manufacturing – 2024 U.S. Market Research Report

Publish Date: March 2024

This 63-page market research report provides a comprehensive analysis on the $43.4 billion sugar and confectionery product manufacturing industry in the United States. This report covers more than 100 statistical data sets with historical trend data from 2015 to 2023, and 2024 and 2028 forecasts. The source of the data is from annual comprehensive surveys from a majority companies in the sugar and confectionery product manufacturing industry.

This report has the in-depth industry insights you are looking for as it covers sales & expense trends, detailed breakdown on 26 expenses, dozens of financial metrics, forecasts on 100+ data sets, plant inventory analysis, composition of balance sheets, company segmentation analysis, industry concentration analysis, material costs analysis, profitability metrics, state benchmarks, plant productivity benchmarks, employee role analysis, 4 years of inflation analysis, employee pay analysis, employee productivity benchmarks, and a ton more.

Sugar and Confectionery Product Manufacturing Report


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The 2024 U.S. Sugar and Confectionery Product Manufacturing Industry Market Research Report is 63 pages of deep insights into the trends, dynamics, and forecasts shaping the industry. This market research report is utilized by professionals to gain a deep understanding of the industry for business planning, business forecasting, streamlining expenses, understanding industry dynamics, identifying growth opportunities, P&L and balance sheet analysis, plant productivity, market analysis, valuations, workforce optimization, sales & marketing analysis, productivity benchmarking, operational benchmarking, profitability analysis, and much more.

Below are a few page images from the report and check out the table of contents for a complete overview.

sugar and confectionery product manufacturing industry revenue chart

OPEX chart for sugar and confectionery product manufacturing

Sugar and Confectionery Product Manufacturing Profit

sugar and confectionery product manufacturing BCG Matrix

Sugar and Confectionery Product Manufacturing Plant Utilization Chart

Sugar and Confectionery Product Manufacturing Workforce Benchmarks


Industry Description


This industry group comprises (1) companies that process agricultural inputs, such as sugarcane, beet, and cacao, to give rise to a new product (sugar or chocolate) and (2) those that begin with sugar and chocolate and process these further. 

NAICS Code: 3113

Number of Companies: 1,630

Number of Plants / Facilities: 1,821

Total Employees: 87,448

Market Size: $43.4 billion

Product Lines Covered


Chocolate and chocolate confectionery manufacturing
Sugar manufacturing
Nonchocolate confectionery manufacturing

Table of Contents


Explore the below table of contents of the Sugar and Confectionery Product Manufacturing Report below to understand the extensive statistical data sets in this report and why thousands of executives, consultants, bankers, accountants, and other professionals trust Kentley Insights for their market research needs.


1-2 – Report Overview & Contents

3 – Industry Overview
– Data Sources & Methodology
– Sector Definition & Examples

4 – Report Synopsis – Revenue & Growth

5 – Report Synopsis – Costs & Profitability

SECTION ONE
REVENUE & GROWTH

7 – Market Size Details
– Industry Revenues, Companies, & Facilities
– Analysis 2015-2023
– 2024 & 2028 Forecasts

8 – Growth Benchmarks
– Sales per Company and Plant
– Analysis 2015-2023
– 2024 & 2028 Forecasts

9 – Product Lines Revenue

10 – BCG Matrix – Income vs. Revenue Growth

11 – Total Industry Sales by Month & Year (2019-2023)

12 – Inventory Value by Month & Year (2019-2023)

13 – Months of Inventory (2019-2023)

14 – Sector Revenue by Segments
– Business Concentration, Size, & Structure

15 – Market Size by State
– Market Size and Rankings

16 – Market Size as a % of State GDP

17 – Industry Sales as a % of State Manufacturing

18 – Industry Segmentation by Business Size

19 – Industry Segmentation by Business Size
– Business Size Segments – 1-4, 5-9, 10-20, 21-50, 51-100, 101-250, & 250+ employees
– Companies, Facilities, Sales, Employees & Payroll

20 – Industry Segmentation by Concentration (Top 50 Companies)
– Concentration Segments – Top 4, 5-8, 9-20, & 21-50 companies
– Companies, Facilities, Sales, Employees & Payroll

21 – Industry Market Share of Top 50 Companies

22 – Subsector Market Share of Top 50 Companies

23 – Industry Segmentation by Business Structure
– Business Structure Segments – C-Corporations, S-Corporations, Partnerships, & Sole Proprietorships
– Companies, Facilities, Sales, Employees & Payroll

24 – Revenue per Company by State

25 – Revenue per Company by Segments

26 – Revenue per Facility by State

27 – Revenue per Facility by Segment

28 – Subsector Market Size & Growth

29 – Subsector Sales per Company & Plant

30 – 5-Year Consolidation Analysis

31 – Employment Consolidation Analysis

32 – Subsector Consolidation Analysis
– Number of Companies & Facilities

33 – Subsector Consolidation Analysis
– Facilities & Employees per Company

SECTION TWO
COST, CAPITAL & FINANCIALS

35 – Profitability & Financial Ratio Analysis

Page 36 – Balance Sheet Metrics
– Assets and Liabilities indexed to industry revenue at 100
– 16 Current & Non-Current Assets Categories
– 15 Short-term, Long-term Liabilities, & Net Worth

37 – OPEX
– Industry OPEX Analysis
– 2015-2023 Trends, 2024 & 2028 Forecasts

38 – OPEX by Company & Plant
– OPEX per Company & Plant
– 2015-2023 Trends, 2024 & 2028 Forecasts

Page 39 – OPEX Detail
– 6 Employee Expense Categories
– 8 Cost of Material Categories
– 6 Buildings and Equipment Categories
– 8 Other Operating Expense Categories
-Inventory Breakdown: finished goods, work-in-progress, materials and supplies

40 – Production Material Costs
– Top Production Material Costs Breakdown
– % of Total Production Material Cost

41 – Producer Pricing Index
– 2015-2023 Trends, 2024 & 2028 Forecasts
– Monthly PPI Figures for the Past 4 Years

42 – Plant Utilization & Hours
– Plant Utilization Rate
– Plant Operational Hours per Week
– 2020-2023 Historical Figures by Quarter

43 – Reasons for Non-Full Production
– 7 Categories Quarterly Survey Results for Past 2 Years

44 – Productivity & Industry Employment
– Revenue per Employee
– Total Industry Employees
– Employees per Company
– 2015-2023 Trends, 2024 & 2028 Forecasts

45 – Employee Productivity by Segments

46 – Employee Productivity by State

47 –Subsector Sales & Payroll per Employee

48 – Industry Payroll
– Payroll per Employee, Company, & Plant
– 2015-2023 Trends, 2024 & 2028 Forecasts

49 – Payroll per Company by Segments

50 – Payroll per Plant by Segments

51 – Payroll per Employee by Segments

52 – Payroll per Employee by State

53 – Employee Composition
– % of Employees for 27 Job Categories

54 – Job Categorization Pay Ranges
– Pay Bands – Bottom 10% & 25%, Mean, Top 25% & 10%

55 – Top 20 Jobs Breakdown

56 – Top 20 Jobs Pay
– Pay Bands

57 – Employees per Company by Segments

58 – Employees per Plant by Segments

59 – Facilities per Company by Segments

60 – Total Employment by State

61 – Population to Every Employee by State

62 – Employees per Facility by State

63 – Overview of Kentley Insights


Data Source & Forecast Methodology


For this report, the core data is sourced from comprehensive business, operational, and economic surveys conducted by government and private institutions and filled out by a statistically significant number of companies in the sugar and confectionery product manufacturing industry. Our forecasts take into account historical trends, industry dynamics, and our macroeconomic projections.

Download a Sample Report


Below is a free sample report download. The 2024 Sugar and Confectionery Product Manufacturing Industry Report has the same layout and data sets as the sample report.

Wood Kitchen Cabinet Countertop Manufacturing Report

Report Details


Report: Sugar and Confectionery Product Manufacturing Industry Market Research Report

Number of Pages: 63

Format: PDF

Price: $295

Support Contact:
Email us at support@kentleyinsights.com
Call us at 1-800-613-3611

Related Reports:
Other Food Manufacturing Market Research Reports
Sugar Manufacturing
Cane Sugar Manufacturing
Nonchocolate Confectionery Manufacturing

Industry Jobs Analyzed


Miscellaneous Food Processing Workers
Laborers and Material Movers, Hand
Packaging and Filling Machine Operators and Tenders
Retail Salespersons
Miscellaneous Production Workers
Industrial Machinery Installation, Repair, and Maintenance Workers
First-Line Supervisors of Production and Operating Workers
Maintenance and Repair Workers, General
Cashiers
Industrial Truck and Tractor Operators
Building Cleaning Workers
General and Operations Managers
Inspectors, Testers, Sorters, Samplers, and Weighers
Sales Representatives, Wholesale and Manufacturing
Shipping, Receiving, and Traffic Clerks
Crushing, Grinding, Polishing, Mixing, and Blending Workers
Stock Clerks and Order Fillers
Office Clerks, General
Chemical Processing Machine Setters, Operators, and Tenders
Customer Service Representatives

Material Cost Categories


Beet and cane sugar
Materials, ingredients, containers, and supplies, nsk
Chocolate confectionery products, including coatings; sweetened & unsweetened chocolate powder; and cocoa butter, liquor, and syrup
Cost of all other materials and components, parts, containers, and supplies consumed
Sugar beets
Sugarcane
Paper and paperboard products
Nuts and nutmeats, including peanuts
Fluid milk products and dairy product substitutes
All basic organic and inorganic chemicals, excluding petrochemicals
Cocoa beans
Nonchocolate confectionery products
Wet corn milling products, including corn sweeteners, corn flour, corn meal and feed, and starch
Plastics products (including packaging, foam products, film, sheet, rod, tube, fabricated shapes, bottles, etc.)
Fats and oils, all types
Aluminum and aluminum-base alloy sheet, plate, foil (including packaging products), and welded tubing

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