Candy Companies Shift Focus to Gummies and Licorice for Halloween

Rising cocoa costs and changing consumer preferences lead to fewer chocolate offerings this year.

U.S. confectionery companies are stocking fewer chocolates and more gummies and licorice for Halloween 2024.
Chocolate prices have risen due to a cocoa shortage and increased production costs, prompting a shift to cheaper alternatives.
Non-chocolate candy prices are also increasing, but they remain a more affordable option compared to chocolate.
Hershey and other candy makers are introducing new non-chocolate products, including special flavors and limited editions.
Retailers are capitalizing on early Halloween demand, with some starting sales as early as back-to-school season.