The US sugar confectionery market is estimated to grow at a CAGR of 2.8% during the forecast period. Increasing launches of new confectionery products and increasing obese population in the country are some pivotal factors encouraging the growth of the market. As per the Centers for Disease Control and Prevention (CDC), the obesity prevalence rose from 30.5% to 42.4% from 1999–2000 to 2017–2018, and the prevalence of severe obesity grew from 4.7% to 9.2%. This leads to increasing demand for low sugar or sugar-free confectionery products in the country. Some new launches of dairy-free and low sugar-focused chocolates have been witnessed in the US to meet the increasing needs of consumers.
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For instance, in June 2020, Barry Callebaut widened its confectionery products for the US markets. This includes protein-enhanced options and dairy-free milk-like chocolate to fulfill the increasing consumer health trends. The company’s new series is based on four major dietary choices, including a rising shift towards plant-based non-dairy alternatives, low sugar, and high protein variants. The company launched two additions to its portfolio, dairy-free plant-based protein coating which is chocolate-based and consists of 20% plant protein, which has been designed for healthy snacks, bars, and confections, bars and Dairy-free ‘milk-like chocolate which is developed for a milk chocolate experience with a creamy texture.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
US Sugar Confectionery Market by Product
- Chocolate
- White and Milk
- Dark
- SugarBased Food
- Boiled Sweets
- Caramels and Toffees
- Mints
- Gums and Jellies
- Others
- Snack Bars
- Energy Bars
- Cereal Bars
- Others
US Sugar Confectionery Market by Distribution Channel
- Online
- Offline
- Supermarket/Hypermarket
- Convenience Stores
- Others
Company Profiles
- Adams & Brooks, Inc.
- Arcor Group
- Atkinson Candy Co.
- Bourbon Corp.
- Canada Candy Co. Inc.
- Ferrero International S.A.
- Ganong Bros., Ltd.
- General Mills, Inc.
- HARIBO GmbH & Co. KG
- Karma Candy, Inc.
- Kerr Bros. Ltd.
- Kind LLC
- KLN Family Brands
- Lotte Corp.
- Mars, Inc.
- Mondel?z International, Inc.
- Nestlé S.A.
- PepsiCo, Inc.
- Piedmont Candy Co.
- The Hershey Co.
- The Kellogg Co.
- Unilever PLC
- Zachary Confections Inc.
The Report Covers
- Comprehensive research methodology of the US sugar confectionery market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the US sugar confectionery market.
- Insights about market determinants which are stimulating the US sugar confectionery market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
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