Prepared Foods logo
search
cart
facebook twitter linkedin youtube
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Prepared Foods logo
  • TRENDS
    • Prepared Foods The Year Ahead
    • Innovation Month
    • *Sustainability*
  • PRODUCTS
    • Bakery
    • Beverages
    • Breakfast, Cereals & Bars
    • Candy
    • Cannabis
    • Dairy
    • Meals & Sides
    • Meat, Poultry & Seafood
    • Sauces & Marinades
    • Snacks & Appetizers
    • Soups
  • INGREDIENTS
    • Antioxidants & Nutritionals
    • Colorings
    • Dietary Fiber
    • Emulsifiers, Fat & Oils
    • Flavors, Seasonings, Spices
    • Flours, Grains, & Pasta
    • Fruits, Vegetables and Nuts
    • Gums & Starches
    • Phosphates & Acidulants
    • *Proteins*
    • Sweeteners
  • FORMULATION
    • Allergens & Intolerance
    • Authentic & Ethnic
    • Cost Reduction
    • Fat Reduction
    • Gluten Free
    • *Immunity*
    • *Natural / Organic*
    • *Plant Based & Vegetarian*
    • R&D Lab Tech / QA-QC / Food Safety
    • Shelf Stability
    • *Sugar Reduction*
  • BETTER FOR YOU
    • Functional New Products
    • Functional Ingredients
    • Functional Benefits
  • FOOD MASTER
  • MEDIA
    • Podcasts
    • Videos
    • Infographics
    • First Person Q&A
    • Favorite Products Poll
    • Play With Your Food Game
    • Webinars
  • STORE
  • EVENTS
    • Spirit of Innovation Awards
    • Industry Events
  • EMAG
    • eMagazine
    • Archive Issues
    • Advertise
  • SIGN UP!
Breaking News

Candy in 2009

June 3, 2010

Candy in 2009

May 28/Lakeland, Fla./The Ledger -- After stalling in early 2009, the dark chocolate market finished the year with a 9% increase in sales. Not bad for an industry that many analysts thought would see demand from recession-weary consumers melt away, particularly amid higher prices for cocoa beans and predictions of a shortage in the world cocoa harvest. In the first two months of 2009, dark chocolate sales were off by 2.2%.

However, while consumers started to pull back on unnecessary spending, they found ways to treat themselves. Economists call it the "lipstick factor," referring to the historical rise in lipstick sales during tough economic times as women looked for an affordable way to cheer themselves. In the candy industry's case, during the recession people sought chocolate as an affordable indulgence to feel better.

"There is no (vacation), but people stay at home and find small moments of joy," said Tim Quinn, vice president of trade development at Mars Inc.

Candy sales as a whole increased last year by 3.6%, with 2,843 new products introduced to the market. About two-thirds were chocolate products, according to the National Confectioners Association.

Now, as the nation emerges from the recession, candy-makers hope consumers will continue to indulge themselves. Dark chocolate saw the greatest demand in 2007, when sales peaked at $829 million, a 35% jump from the previous year. Then the recession hit, and the pace of sales growth slowed in 2008 to 12%, according to the National Confectioners Association.

Eric Bochner, owner of Bochner Chocolates, said the recession put a big dent in his sales. So he decided to adapt his products to the pocketbook-conscious market. He infused his chocolate with flavors that were more familiar to consumers, such as cherry and hazelnut, and sold the new product at reasonable prices, about $3.50 a bar. It worked. Bochner said sales are increasing, and he is expecting to reach prerecession levels later this year.

Larger companies also are experimenting with new flavors. In March, Hershey Co. introduced Kit Kat Dark, which had been produced as a limited-edition bar. Hershey acknowledged the economy's impact on its sales, calling itself recession resistant, not recession proof. However, the company's wide portfolio gives consumers many options and many prices to choose from, said Anna Lingeris, a company spokeswoman

In April, the chocolate-maker reported first-quarter sales increased 13.9%, as the candy-maker's U.S. market share grew by half a percentage point.

Green & Black's, an organic chocolate-maker owned by Cadbury, which was acquired by Kraft this year, created a peanut-and-sea-salt chocolate bar for American consumers. It was introduced to the market at the end of 2009. It was the first time the British brand created a flavor specifically for the U.S. market, said Katie Butler, senior brand manager for Green & Black's USA. The flavor is doing so well that it is expected to reach British consumers at the end of this year, Butler said.

Like the rest of the industry, Green & Black's sales slowed in the last two years, but the brand continued to make a profit, Butler said. "People enjoy small indulgences," she explained.

From the June 7, 2010, Prepared Foods E-dition

Share This Story

Looking for a reprint of this article?
From high-res PDFs to custom plaques, order your copy today!

Recommended Content

JOIN TODAY
to unlock your recommendations.

Already have an account? Sign In

  • Women in beverge isle

    Ingredient Demonization May Not Drive Consumer Behavior

    While tracking cultural conversations around demonized...
    Ingredients
    By: Prepared Foods Editorial Staff
  • Bubs Candy Packages

    Sweden’s Viral Candy Brand BUBS Lands in US Retail Nationwide

    TikTok videos of BUB's unique chewy-meets-marshmallow...
    Candy
    By: Prepared Foods Editorial Staff
  • Innovation Month Logo Orange

    Introducing Innovation Month: A Deep Dive into the Future of Food & Beverage

    The next wave of food innovation is here. Dive into the...
    2025 Food and Beverage Trends
    By: Prepared Foods Editorial Staff
Manage My Account
  • eMagazine Subscription
  • Newsletters
  • Manage My Preferences
  • Online Registration
  • Subscription Customer Service

More Videos

Popular Stories

Circana Pacesetters 2026

Circana Highlights 2025 CPG Pacesetters

Bushs Baked Beans LTO Flavors

Bush’s Beans Debuts Summer-Inspired Flavors

Whole Foods Retail Concept

Whole Foods Expands Daily Shop Format

PF Webinar sponsored by FoodChain: Signals to Shelf: Turning Consumer Insight into Executable Innovation

Events

June 18, 2025

Master the Art of Plant-Based Dairy

ON DEMAND: Whether you're in R&D, formulation, or innovation, this session will provide enzyme-driven insights to improve your plant-based dairy portfolio.

June 25, 2025

Market in Motion: Active Nutrition

ON DEMAND: Once targeted at athletes, active nutrition products with benefits like energy, focus, hydration, and protein are now winning over everyday consumers seeking support for their busy lifestyles.

View All Submit An Event

Products

Recent Advances in Ready-to-Eat Food Technology

Recent Advances in Ready-to-Eat Food Technology

See More Products

CHECK OUT OUR NEW POWER TRENDS

Immunity Logo
Natural & Organic Logo
Plant Based Logo
Protein Logo
Sugar Reduction Logo Sustainability Logo

Related Articles

  • Launches Decline in 2009

    See More
  • 'Modest' Restaurant Growth Expected in 2009

    See More
  • Prepared Foods Exclusive: Top 10 Trends in 2009

    See More

Related Products

See More Products
  • Vegetable Oils in Food Technology: Composition, Properties and Uses, 2nd Edition

  • Lean Manufacturing in the Food Industry

See More Products
×

Unlock the Future of Food and Beverage Innovation

Are you a leader in research & development? Stay ahead of the curve with Prepared Foods, the premier source of information and insights for today's trend leaders and taste-makers in food and beverage manufacturing.

JOIN TODAY
  • Resources
    • Advertise
    • Contact Us
    • Food Master
    • Store
    • Join
  • Sign Up Today
    • Create Account
    • eMagazine
    • Newsletters
    • Customer Service
    • Manage Preferences
  • Services
    • Marketing Services
    • Reprints
    • Market Research
    • List Rental
    • Survey/Respondent Access
  • Stay Connected
    • LinkedIn
    • Facebook
    • Instagram
    • YouTube
    • X (Twitter)
  • PRIVACY
    • PRIVACY POLICY
    • TERMS & CONDITIONS
    • DO NOT SELL MY PERSONAL INFORMATION
    • PRIVACY REQUEST
    • ACCESSIBILITY

Copyright ©2026. All Rights Reserved BNP Media, Inc. and BNP Media II, LLC.

Design, CMS, Hosting & Web Development :: ePublishing