Confectionery Market in the US to grow at a CAGR of 1.57% during the period 2016 - 2020; Finds New Report

Report forecast the confectionery market in the US to grow at a CAGR of 1.57% by revenue during the period 2016-2020.

The confectionery market in the US can be divided into three major categories: chocolate, gum, and sugar confectionery. Confectionery products have become a part of our daily diets.

There are many drivers contributing to the growth of the confectionery market in the US. One of the emerging drivers in this market is the growing popularity of sugar-free chocolates. With consumers becoming increasingly health-conscious and preferring low-fat and low-calorie products, manufacturers are expanding their options in sugar-free chocolates and non-chocolate confections. Promotional activities and social media marketing is another major driver in this market.

The report covers the present scenario and the growth prospects of the confectionery market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated through the retail sales of confectionery products by vendors in the market.

According to the report, a key growth driver is the availability of a wide range of products. The consumer's choice of packaged food items depends on the availability of the products in the market. The larger the number, the higher the chance of consuming multivariate products. The availability of a wide range of products is also driving the sugar confectionery market.

Further, the report states that one challenge that could hamper market growth is the irregular demand and supply of cocoa used in a number of products.

Confectionery Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the confectionery market in the US: Chocoladefabriken Lindt & Spruengli, Ferrero, Hershey’s, Mars, Mondelēz International, Perfetti Van Melle, and Wm. Wrigley Jr. Company.

Other Prominent Vendors in the market are: Anthony-Thomas Candy, Asher's Chocolates, Astor Chocolates, Atkinson Candy, Adams and Brooks Candy, Arway Confections, American Licorice, Albanese Confectionery Group, Bazooka Candy Brands, Brown and Haley, CandyRific, Cliff Bar, Doumak, Elmer Chocolate, Enstrom Candies, Ford Gum, Georgia Nut, Hearthside Food Solutions, Impact Confections, Justin's, Jelly Belly Candy, Just Born, Kind Healthy Snacks, KLN Family Brands, Madelaine Chocolate, New England Confectionery, Original Gourmet Food Company, Pearson's Candy, Palmers Candy, RM Palmer Candy, Rocky Mountain Chocolate Factory, Spangler Candy, Sweet Candy, See's Candies, Sarris Candies, Sarris Candies, Tootsie Roll Industries, and Zachary Confections.

Market driver

• Availability of wide range of products
• For a full, detailed list, view our report

Market challenge

• Irregular demand and supply of cocoa
• For a full, detailed list, view our report

Market trend

• Demand for sugar-free confectionery products
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 

Spanning over 61 pages and 30 Exhibit “Confectionery Market in the Us 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Economy overview, Market segmentation by product, Market segmentation by distribution channel, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape.

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