Confectionery Market In US 2024-2028
The confectionery market in US is forecasted to grow by USD 11.78 bn during 2023-2028, accelerating at a CAGR of 4.81% during the forecast period. The report on the confectionery market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by seasonal demand for confectioneries, increasing demand for premium chocolates, and rise in penetration of modernized retail chains.
Technavio's confectionery market in US is segmented as below:
By Distribution Channel
By Product
- Chocolate
- Sugar confectionery
- Gums
By Type
This study identifies the increasing demand for medicated confectionery as one of the prime reasons driving the confectionery market in US growth during the next few years. Also, the growing popularity of sugar-free confections and increasing demand for exotic flavor innovation will lead to sizable demand in the market.
The report on the confectionery market in US covers the following areas:
- Confectionery market in US sizing
- Confectionery market in US forecast
- Confectionery market in US industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading confectionery market in US vendors that include American Licorice Co., Anthony Thomas Candy Co., Ashers Chocolate Co., Candyrific, Chocoladefabriken Lindt and Sprungli AG, Elmer Chocolate, Ferrero International S.A., Ford Gum Inc., Georgia NUT CO. Inc., Hormel Foods Corp., Jelly Belly Candy Co., Mars Inc., Mondelez International Inc., Nestle SA, Simply Gum Inc., The Hershey Co., The Kraft Heinz Co., The Madelaine Chocolate Co., Tootsie Roll Industries Inc., Unreal Brands Inc., YumEarth, and Zachary Confections Inc. Also, the confectionery market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.