North America Confectionery Market - Forecast(2024 - 2030)

Report Code: CPR 0063 Report Format: PDF + Excel
The North America Confectionery Market size is estimated to reach $74000 million by 2030, growing at a CAGR of 5.20% during the forecast period 2024-2030. The confectionery market produces a range of food products that are mainly rich in sugar content such as chocolates, candies, gums, lollies and so on. Broader classification of confectionery market can be broken into sugar, gums and chocolates. Overall confectionery market has experienced significant evolution owing to the dynamic consumer demands, socio economic changes, and cultural influences. Consumer’s tastes and their inclination towards chocolates and sweets is a never ending reason behind the growth of the confectionery market worldwide. .Dark chocolates are known for controlling cardiac diseases and cholesterol owing to its richness in antioxidants and high cocoa content which boosts the market for chocolates confectionery.
 
Increasing health awareness and obesity instances in North America has led to a  dramatic growth in the sales of low calories and sugar free confectionery products. Consumers do not mind spending extra on high quality products that meet their requirements
 
The report analyzes the market based on category namely: Sugar Confectionery, Gum Confectionery and Chocolate Confectionery. The report provides detailed analysis on distribution landscape and potential of various distribution channels such as Supermarkets/Hypermarkets, Convenience stores, specialty food stores, vending machines, online retail and others. Country specific trends and market dynamics are also covered in the report.
 
Sample Companies profiled in this Report are:
  • Kraft Foods
  • The Hersheys Company
  • Mars International
  • Mondelez International
  • Ferrero Group
  • Nestlé
1. North America Confectionery Market: Macroeconomic Snapshot
2. North America Confectionery Market: Market Overview
   2.1. Scope of the Study
   2.2. Definitions
3. Executive Summary
4. North America Confectionery Market: Market Landscape
   4.1. Market Share Analysis
      4.1.1. U.S.
            4.1.1.1. Mars and Hershey dominatechocolate confectionery markert with lion’s share
            4.1.1.2. Mondelez held one third value shares of gum category in 2014
      4.1.2. Mexico
            4.1.2.1. Nestle SA and Mars Inc. leads the chocolate category with 45% value share
            4.1.2.2. Robust distribution channel makes Grupo Bimbo a market leader in sugar confectionery
      4.1.3. Canada
            4.1.3.1. Wrigley accounts for approximately 50% of the retail sales of gums
   4.2. Competitive Developments
      4.2.1. Manufacturers investing in R&D and product innovation to launch healthier products
   4.3. Consumer Insights
      4.3.1. Consumers discarding consumption of gums due to health concerns
      4.3.2. Chocolates continues to be the most preferred category
5. North America Confectionery Market: By Category
   5.1. Sugar Confectionery
      5.1.1. Mints
      5.1.2. Boiled Sweets
      5.1.3. Lollipops
      5.1.4. Toffees, Caramels and Nougats
      5.1.5. Others
   5.2. Gum Confectionery
      5.2.1. Chewing Gum
      5.2.2. Bubble Gum
   5.3. Chocolate Confectionery
      5.3.1. By Type
            5.3.1.1. Countlines
            5.3.1.2. Tablets
            5.3.1.3. Boxed Assortments
            5.3.1.4. Bagged Selflines/Softlines
            5.3.1.5. Others
      5.3.2. By Composition
            5.3.2.1. Milk Chocolate
            5.3.2.2. Dark Chocolate
            5.3.2.3. White Chocolate
6. North America Confectionery Market: By Distribution Channel
   6.1. Supermarkets/Hypermarkets
   6.2. Convenience Stores
   6.3. Specialty Food Stores
   6.4. Online Retail
   6.5. Others
7. North America Confectionery Market: By Country
   7.1. U.S.
      7.1.1. Declining sales of gums due to increasing health concerns
      7.1.2. Healthy growth for chocolates owing to innovative miniature packs
   7.2. Canada
      7.2.1. Chocolates: Fastest growing category
   7.3. Mexico
      7.3.1. IEPS tax on sales of high calorie food results in sluggish growth
8. North America Confectionery Market: Company Profiles
   8.1. Kraft Foods Inc.
   8.2. The Hersheys Company
   8.3. Mars International
   8.4. Mondelez International
   8.5. Grupo Bimbo
   8.6. General Mills
   8.7. Ferrara Candy Co.
   8.8. Ferrero Group
   8.9. Cadbury Plc
   8.10. Lindt & Sprungli
   8.11. Nestlé
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best efforts basis for private companies"
9. Appendix
   9.1. Abbreviations
   9.2. Sources
   9.3. Research Methodology
   9.4. Disclaimer