The US confectionery market is anticipated to grow with a considerable CAGR during the forecast period (2020-2026). The adoption of confectionery products as desserts is high among the younger generation. Moreover, the growth of the market is mainly influenced by the growing consumption of cocoa and cocoa-based products even with high-cost premium products across the country.
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In addition to this, the consumers’ preference for organic products is also increasing gradually in the last few years, hence, increasing the demand for organic chocolate. Additionally, the consumers’ awareness regarding the ethical sourcing of raw materials has been also increased. It has significantly increased the launch of organic claimed chocolates across the country. Further, the demand for products with a clean label, natural and preservative-free that is organic is also increasing, which overall aiding to the growth of the market during the forecast period.
In addition, the significance of chocolates and other sweet confection rises considerably during the festivals such as Halloween, Thanksgiving, and Christmas across the country. Therefore, the sales of confectioneries especially chocolates are skyrocketing during the festive seasons hence, driving the US confectionery market.
Market Coverage
· The market number available for – 2019-2026
· Base year- 2019
· Forecast period- 2020-2026
Segment Covered-
· By Type
· By Distribution Channel
· Competitive Landscape- Mars, Inc., Meiji Holding Co. Ltd., Nestle S.A., The Kraft Heinz Co.
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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
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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