over the next five years. This means that the $6 billion of increased sales in the U.S. confectionary market is mainly driven by premium products, which are broken down to chocolate sales ($4 billion), non-chocolate sales ($1.8 billion), and gum sales ($400 million). Larry Wilson, the National Confectionary Association’s (NCA) Vice President of customer relations, stated that the top segments that drive the confectionery market place’s growth are: 1. Premium chocolate 2. A strong brand image 3. Packaging 4. Hybrid and line extensions 5. Cross-branding 6. Seasonal execution 7. Translating seasonal business gains into everyday business strengths Hence, if a company manages to successfully execute these segments, they can gain a competitive advantage over other companies, boost their revenues and meet customers’ demands. Since confectioneries are homogeneous in regards to product types, R&D teams or operators can develop new products and marketing strategies to differentiate themselves from their competition. Changes in customer tastes and trends have propelled the confectionery marketplace to innovate with marketing, labeling and production. The result of these changes are driving growth; as dark chocolate, low-sugar, sugar-free, nutritiously rich, and organic products become more appealing to the health conscious consumer and more profitable for the manufacturer. Key Environmental Forces affecting the Segment and Competition During the past five years, the industries…
Did you know that rock candy is a confectionery mineral that is made up of large crystals? Well the rock candy is made of confectionery that makes up large crystals to make rock candy a solution of sugar and water is made to crystalize on a stick and when you use heated water, large sugar crystals will form. It takes about 6-7 days to form sugar crystals for rock candy stick. But it’s definitely worth the wait. Rock candy sticks can be present at every meal.as Part of your coffee or tea by…
Halloween always brought a flurry of activity to their otherwise routine schedule. The ability to devour candy bars, boxes of hard candy, bubble gum, and suckers, without having to share a single piece, was the epitome of childhood. For one night, each of the seven was the sole owner of enough candy to rot every tooth in their mouths. The carving of the pumpkins seemed to ignite their creative energy causing them to lose all sense of control. The night before Halloween, Hanna transformed the…
Candy Bars Review Candy Bars video slot was released by IGT in December of 2013, with it really slipping under the radar upon its debut. Since then, it has become a big hit around the world, with slots fans falling in love with the innocent nature of the game. This flashy 4-reel online slot is – as the name would suggest – all about candy, with he main aim of players here is to cover the reels in milk chocolate. The symbols in the game are enough to make anyone hungry, including chocolate…
For many years, candy has been incorporated into everyday life. From a young age, candy has played a huge role in the lives of people in every culture. Throughout history, various candies were being made for the distribution to countries all over the world. Today, people rarely stop and think about the meticulous process confectionists must go through to make the sweetest thing in the world. The making of candy dates back to ancient Aztec and Mayan times as well as Medieval and Renaissance…
According to the JellyBelly website, enough jelly beans were consumed in the last year to circle the earth almost six times. Jelly beans have become so popular and widespread over the years, although surprisingly, most people don’t know that the candy is thought to be a descendant of Turkish Delights, and that the original maker, William Schrafft, urged for his jelly beans to be sent to Union soldiers fighting in the Civil War (A Brief History Of Jelly Beans (n.d.), Prince, J). Jelly Beans have…
There are hundreds of different dessert dips you can make and snickers pretzel dip is just one. It is quick, easy, and delicious when the process of making it is finished. There are plenty of other desserts you could make, but it would be hard to find one just like this. The following simple steps will guide you to make a snickers pretzel dip in as little as ten minutes. First, there is a short list of things you will need to prepare the snickers pretzel dip, let’s start with the ingredients.…
Willy Wonka is always associated with the Chocolate factory where he is celebrated like royalty. All the children gather around him and worship Mr. Wonka as their candy king. Wonka’s candy rapidly gained popularity, that all the other chocolate makers became jealous of Mr. Wonka, they began sending spies in order to steal secret recipes. Wonka’s rivals produced the recipes they had stolen from Wonka: ice cream that would never melt, chewing gum that never lost its flavor, and candy balloons that…
Icarus Allsorts is a poem that displays war in a very ignorant way. In Greek Mythology, the story of Icarus tells of a man, who's father created him artificial wings. Ignorance and childishness are displayed when Icarus flies too close to the sun, melting his wings. It is a tale of waring, reminding us to remember our limitations and not to be arrogant. The word “allsorts” is a pun on the sweets, liquorice allsorts, further exaggerating the theme of childishness. The first and second line of…
“Keep it safe, keep it sweet, make sure it is an American made treat.” Consumers of all ages love candy. Confectionaries have been present since early 1800’s and, although products and production have evolved, America's sweet tooth has remained the same. One of many consumers favorites, the Bit-O-Honey candy bar, has withstood the test of time. The Bit-O-Honey candy bar is still easily found affordably priced, and unchanged in its deliciousness. Born in 1924 under the production of…