The North American confectionery market is anticipated to grow at a modest CAGR of 4.2% during the forecast period. The growth of the market is attributed to the presence of globally recognized confectionery manufactures and distributors including Mars Inc., Ferrero Group among others across the region. In addition to this, the increasing activities such as new product launch and geographical expansion of market players is also aiding to the growth of the market. For instance, in June 2020, Ferrero Group’s US subsidiary Ferrero USA Inc. announced its expansion across the region with the opening of the new distribution center in McDonough, Georgia, US.
The North American confectionery market is segmented based on type, and distribution channels. Based on the type, the market is sub-segmented into sugar confectionery, chocolate confectionery, and baker confectionery. Based on the distribution channel, the market is sub-segmented into supermarkets/ hypermarkets, convenience stores, and online channels.
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North American Confectionery Market Report Segment
By Type
- Sugar Confectionery
- Chocolate Confectionery
- Bakers Confectionery
By Distribution Channel
- Supermarkets/ Hypermarkets
- Convenience Stores
- Online Channel
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North American Confectionery Market Report Segment- By Geography
- United States
- Canada
Company Profiles
- Arcor SAIC
- Cavalier Candies Ltd.
- Chocoladefabriken Lindt & Sprüngli AG
- Ferrero U.S.A., Inc.
- Ganong Bros., Ltd.
- Karma Candy Inc.
- Mars, Inc.
- Meiji America Inc.
- Mondel?z Global LLC
- Perfetti Van Melle USA Inc.
- The Hershey Co.
- Waterbridge
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