Need Of US Confectionery Market Will Increase At A CAGR Of 1.68% For The Period From 2017 – 2021

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Confectionery consists an array of food products such as chocolates, various sugar-based products like toffees, candies and edible gums including- chewing gums, sugarless gums and breath fresheners. Confectioneries are mainly sold through a wide range of retail distribution channels such as hypermarkets, supermarkets, health stores, and convenience stores.

Technavios analysts forecast the confectionery market in the US to grow at a CAGR of 1.68% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the confectionery market in the US for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of confectionery products such as chocolate confectionery, sugar confectionery, and gums sold through various retail outlets in the US, which include, but are not limited to, hypermarkets, supermarkets, convenience stores, warehouse clubs, drug stores and online channel.

Technavio’s report, Confectionery Market in the US 2017-2021, 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

Hershey
Mars
Mondelz International
Nestl
Lindt & Sprngli

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Other prominent vendors
Asher’s Chocolates
Anthony-Thomas Candy
American Licorice Company
Candyrific
Elmer Chocolate
Ford Gum & Machine
GEORGIA NUT
Justin’s
Jelly Belly Candy
KIND
Madelaines
Tootsie Roll
Zachary Confections

Market driver

Seasonal demand for confectioneries
For a full, detailed list, view our report

Market challenge

Fluctuation in the prices of raw materials
For a full, detailed list, view our report

Market trend
Rise in the number of strategic alliances
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 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?

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