US confectionery industry is a sweet spot for jobs and economy, claims NCA study

636724242434732563sweetie jar.jpg

13 Sep 2018 --- The National Confectioners Association (NCA) has published a new study examining how the sector impacts the US economy. At the same time, representatives from leading confectionery companies are in Washington for NCA’s 2018 Washington Forum, an annual fly-in program that connects the industry to members of Congress, government officials and other stakeholders.

According to the new NCA report, the confectionery industry helps to create more than 600,000 jobs. 

Manufacturers of chocolate, candy, gum and mints directly employ nearly 54,000 people across the US, with more than 550,000 jobs supported in related industries, including agriculture, retail, transportation and more. 

For every job created in confectionery manufacturing, another ten are supported in related industries, creating a 1:10 multiplier effect, it claims. 

“The candy industry is a bright spot in the US economy, fueling the American economy to the effect of more than US$44 billion,” says John Downs, NCA President and CEO.

“The industry spans the entire country, with nearly 1,300 manufacturing facilities in all 50 states.”

Confectionery executives will spend time on Capitol Hill advocating for the industry, sharing this new economic impact data.

In conjunction with the report, NCA has updated their dedicated economic impact digital hub, PowerOfSweet.com. This online resource provides more information about the industry’s impact at the national, state and community levels, including an interactive map that provides a deep dive into the data behind the economic impact. 

The research for NCA’s report was conducted by a New York-based economic research firm John Dunham & Associates.

“American economic output and job creation are an important contribution of the American confectionery industry,” John Dunham, Managing Partner of John Dunham & Associates, notes. “Chocolate and candy companies provide for US$35 billion in retail sales, US$13.3 billion in total taxes paid and US$1.8 billion in manufacturing exports. Additionally, the fact that there are ten jobs in retail, supplier and ancillary industries supported by each confectionery manufacturing employee cannot be ignored – these companies are creating jobs in hundreds of different industries.”

Beyond the economic impact, America’s leading chocolate and candy companies are committed to community engagement, responsible marketing and assisting consumers in managing their sugar intake.

To contact our editorial team please email us at editorial@cnsmedia.com

Related Articles

Food Ingredients News

Bitter yields: 2018 European drought impacts leading sugar producers

18 Jan 2019 --- The weaker sugar harvest of 2018, caused by drought in northern Europe, is weighing in on the market environment with the continent’s largest sugar producers reporting significant losses in the segment. The dip in revenues comes as the sugar sector is analyzing how to mitigate the effects of climate change with the threat of extreme weather events posing a risk to crops.

Food Ingredients News

Modest Mylk launches new category of concentrated “Nut Mylk” bases

18 Jan 2019 --- Dairy alternatives brand, Modest Mylk has launched a new product line-up of organic, gluten-free, preservative/stabilizer-free and vegan concentrated nut bases. According to the company, the range has been created with the mission to make nut-based dairy alternatives easier and healthier than ever, offering a solution to make fresh and delicious “Nut Mylk” at home.

Food Ingredients News

Yogurt culture: Danone North America launches low-fat Greek yogurt and almond milk yogurt alternative

18 Jan 2019 --- Danone North America has announced the launch of two individual yogurt lines that tap into both plant-based and sugar reduction trends. The first, coined Two Good Greek Lowfat Yogurt, is a dairy products line that touts indulgent taste, low calories and reduced sugar content. The second is Good Plants, a dairy-free, probiotic yogurt alternative, made with almond milk. Two Good will launch in February 2019, while Good Plants is already available.

Food Ingredients News

Weekly Roundup: Nestlé highlighted in Bloomberg Gender-Equality Index, Louis Dreyfus to exit dairy business by mid-year

18 Jan 2019 --- This week, Nestlé became part of the 2019 Bloomberg Gender-Equality Index (GEI), which distinguishes companies committed to transparency in gender reporting and advancing women’s equality in the workplace. Science and technology company Merck received a 2018 Life Science Industry Award for its “best use of social media.” Meanwhile, Louis Dreyfus is set to exit the dairy business by mid-2019 as part of strategic refocus on its core businesses, while Lindt & Sprüngli achieved solid sales growth and substantial market shares in 2018.

Food Ingredients News

Kerry taste charts 2019: “Blooming botanicals, sensorial tastes and ethnic flavors tipped for success”

16 Jan 2019 --- Taste & Nutrition company Kerry has launched its annual taste charts for 2019, touting botanicals and ethnic flavors as key themes to watch. The initiative captures the predictions of emerging flavor trends across food and beverage markets, with a focus on five key categories: savory, snacks, sweets and hot and cold beverages. The projections leverage the expertise of Kerry’s flavorists, baristas and culinary experts, alongside consumer trends and NPD in retail and foodservice.

More Articles