Confectionery Market in the US Will Grow At A CAGR Of 1.57% During The Period 2017-2020

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.

Technavios analysts forecast the confectionery market in the US to grow at a CAGR of 1.57% by revenue during the period 2016-2020.

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
Hersheys
MarsMar
Mondelz International
Perfetti Van Melle
Wm. Wrigley Jr. Company

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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
Enstrom Candies
Ford Gum
Georgia Nut
Hearthside Food Solutions
Impact Confections
Justin's
Jelly Belly Candy
Just Born
Kind Healthy Snacks
KLN Family Brands
Madelaine Chocolate
New England Confectionery
Original Gourmet Food Company
Pearson's Candy
Palmers Candy
RM Palmer Candy
Rocky Mountain Chocolate Factory
Spangler Candy
Sweet Candy
See's Candies
Sarris Candies
Sarris Candies
Tootsie Roll Industries
Zachary Confections

Market driver
Availability of wide range of products
For a full, detailed list, view our report

Market challenge
Irregular demand and supply of cocoa
For a full, detailed list, view our report

Market trend
Demand for sugar-free confectionery products
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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