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.
Technavio's analysts forecast the confectionery market in the US to grow at a CAGR of 1.57% by revenue during the period 2016-2020.
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Covered in this report
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.
Technavio's report, 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 vendors
-Chocoladefabriken Lindt & Spruengli
-Ferrero
-Hershey's
-MarsMar
-Mondel?z International
- Perfetti Van Melle
-Wm. Wrigley Jr. Company
Other prominent vendors
-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...