SIC 2066 Chocolate and Cocoa Products

Encyclopedia of American Industries | 2005 | Copyright

SIC 2066
CHOCOLATE AND COCOA PRODUCTS

Included in this industry classification are establishments primarily engaged in shelling, roasting, and grinding cocoa beans for the purpose of making chocolate liquor—from which cocoa powder and cocoa butter are derived—and in the further manufacture of solid chocolate bars, chocolate coatings, and other chocolate and cocoa products. Also included is the manufacture of similar products, except candy, from purchased chocolate or cocoa. Establishments primarily engaged in manufacturing candy from purchased cocoa products are classified in SIC 2064: Candy and Other Confectionery Products.

NAICS Code(s)

311320 (Chocolate and Confectionery Manufacturing from Cacao Beans)

Industry Snapshot

The chocolate and cocoa products industry has traditionally been subject to significant fluctuations in demand. Chocolate products tend to be seasonal in nature, with demand increasing sharply during the holidays. Typically the third and fourth quarters reflect the highest sales. In addition, several consumer trends have had an impact on demand. These include rising sales of premium-priced chocolates and the growing concern about the health risks associated with the consumption of such high-fat foods like chocolate.

The number of establishments producing chocolate and cocoa products in the United States was 995 in 2000. California and Pennsylvania boasted the largest number of such establishments, with 107 apiece. Retail sales of chocolate products for 2001 was $13.1 billion. Total...

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