The US confectionery market is anticipated to grow at a considerable CAGR of 4.0% during the forecast period. The growth of the market is attributed to the increasing product innovation by global as well as domestic players housed across the country. In addition to this, the strong presence of various global players across the region will also aid the growth of the market.
Moreover, increasing health awareness among people is driving the sales of various low calories and premium health confectionery products. In addition to this, dark chocolates that are known for their good antioxidant properties has also gained a significant market share in the country. The aforementioned factors are expected to considerably impact the growth of the North American confectionery market.
The US 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 bakers’ confectionery. Based on the distribution channel, the market is sub-segmented into supermarkets/ hypermarkets, convenience stores, and online channels. Convenience stores are expected to hold a major market share during the forecast period in the country.
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US 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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Company Profiles
- Arcor S.A.IC
- Chocoladefabriken Lindt & Sprüngli AG
- Ferrero U.S.A., Inc.
- Flowers Foods, Inc.
- Mars, Inc.
- McKee Foods Corp.
- Meiji America Inc.
- Mondel?z Global LLC
- Perfetti Van Melle USA Inc.
- The Hershey Co.
- The Kraft Heinz Co.
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