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3062683 1 Standard


UNITED STATES CONFECTIONERY MARKET ASSESSMENT BY CATEGORIES, DISTRIBUTION,
PACKAGING, CONSUMERGRAPHICS AND FORECASTS TO 2027

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Published: November 24, 2023 Report Code: GDCG230020CS-ST

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Report Overview
 * Report Overview
 * Key Players
 * Table of Contents
 * Table
 * Figures
 * FAQs


UNITED STATES CONFECTIONERY MARKET REPORT OVERVIEW

The United States (US) confectionery market was estimated to grow at $44.2
billion in 2022. The market is likely to grow at a CAGR of more than 3% during
2022-2027. The US confectionery market research report provides insights on
high-growth markets to target, category-level distribution data, and companies’
market shares.

US Confectionery Market Outlook 2022-2027 ($ Billion)



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Market Size (2022) $44.2 billion CAGR (2022-2027) >3% Key Categories ·       
Chocolate



·        Gum

·        Sugar Confectionery

Key Distribution Channels ·        Hypermarkets & Supermarkets



·        Convenience Stores

·        E-retailers

·        Drug Stores & Pharmacies

·        Food & Drinks Specialists

·        Cash & Carries and Warehouse Clubs

Key Cities ·        New York, NY



·        Los Angeles, CA

·        Chicago, IL

·        Dallas, TX

·        Houston, TX

·        Miami, FL

Key Packaging Materials ·        Flexible Packaging



·        Rigid Plastics

·        Paper & Board

·        Rigid Metal

Leading Companies ·        The Hershey Company



·        Mars, Incorporated

·        Ferrero

·        Chocoladefabriken Lindt & Sprüngli AG

·        Mondelēz International, Inc

·        Private Label

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US CONFECTIONERY MARKET SEGMENTATION BY CATEGORIES

The key categories in the US confectionery market are chocolate, gum, and sugar
confectionery. In 2022, chocolate was the leading category, followed by sugar
confectionery and gum. However, the sugar confectionery category is forecast to
register the fastest value growth at a CAGR of more than 4% during 2022–27. In
the chocolates category, chocolate countlines was the leading segment, while
boxed chocolate is anticipated to garner the fastest growth during the next few
years.

US Confectionery Market Analysis by Categories, 2022 (%)



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Market, Download a Free Sample Report


US CONFECTIONERY MARKET SEGMENTATION BY DISTRIBUTION CHANNELS

The key distribution channels in the US confectionery market are hypermarkets &
supermarkets, convenience stores, e-retailers, drug stores & pharmacies, food &
drinks specialists, and cash & carries and warehouse clubs. In 2022,
hypermarkets & supermarkets was the leading distribution channel in the US
confectionery market, followed by convenience stores, and e-retailers.

US Confectionery Market Analysis by Distribution Channel, 2022 (%)



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Market, Download a Free Sample Report


US CONFECTIONERY MARKET SEGMENTATION BY CITIES

The key cities in the US confectionery market are New York, NY, Los Angeles, CA,
Chicago, IL, Dallas, TX, Houston, TX, and Miami, FL. In 2022, New York emerged
as the largest confectionery market in the US, followed by Los Angeles.

US Confectionery Market Analysis by Cities, 2022 (%)



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US CONFECTIONERY MARKET SEGMENTATION BY PACK MATERIAL

The key pack materials in the US confectionery market are flexible packaging,
rigid plastics, paper & board, and rigid metal. In 2022, flexible packaging was
the leading pack material in the US confectionery market, followed by rigid
plastics and paper & board.

US Confectionery Market Analysis by Pack Material, 2022 (%)



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Market, Download a Free Sample Report


US CONFECTIONERY MARKET – COMPETITIVE LANDSCAPE

Some of the leading companies in the US confectionery market are The Hershey
Company, Mars, Incorporated, Ferrero, Chocoladefabriken Lindt & Sprüngli AG, and
Mondelēz International, Inc among others. The Hershey Company led the US
confectionery market share in 2022. It offers products in the chocolate, gum,
and sugar confectionery categories under the brand names Extra Dark, Reese`s,
Kisses, and Twizzlers.

US Confectionery Market Analysis by Companies, 2022 (%)



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SCOPE

• Per capita consumption of confectionery was higher in the US than in both the
global and regional levels in 2022


• The per capita consumption of chocolate was higher than gum and sugar
confectionery categories in the US, in 2022


• Hypermarkets & supermarkets is the leading distribution channel in the US
confectionery sector


• Private labels are growing at a higher CAGR than brands in the US
confectionery sector


• The health & wellness market is led by the sugar confectionery category in the
US confectionery sector


• Chocolate recorded highest volume sales across leading cities in the US




REASONS TO BUY

   

 * Identify high potential categories and explore further market opportunities
   based on detailed value and volume

   

 * Existing and new players can analyze key distribution channels to identify
   and evaluate trends and

   

 * Gain an understanding of the total competitive landscape based on detailed
   company share analysis to plan effective market

   

 * Our team of analysts have placed a significant emphasis on changes expected
   in the market that will provide a clear picture of the opportunities that can
   be tapped over the next five years, resulting in revenue

   

 * Analysis of key macroeconomic indicators such as real GDP, nominal GDP,
   consumer price index, household consumption expenditure, population (by age
   group, gender, rural-urban split, and employed people and unemployment rate.
   It also includes an economic summary of the country along with the labor
   market and demographic trends.

   



The Hershey Company
Mars Incorporated
Nestlé
Chocoladefabriken Lindt & Sprüngli AG
Perfetti Van Melle SpA
Ferrero



TABLE OF CONTENTS

Report Scope


Executive Summary


Part 1: Market Environment


Value and Volume Share of the US in the Global and North America Markets


Growth Analysis of the US Compared to Other Leading Countries in the North
America Market


PCC and PCE of the US Compared to Global and North America Market


Part 2: Sector Deep Dive


The US Confectionery Sector Snapshot


Market Size Analysis


Cross-Category Comparison -Value Growth Analysis and Category Winners and Losers


Cross-Category Comparison -Volume Growth Analysis and Category Winners and
Losers


Part 3: Category DeepDive


Per Capita Consumption Analysis by Category


Market Size Analysis -Category: Chocolate


Segment-Level Analysis (in Value Terms) -Chocolate


Segment-Level Analysis (in Volume Terms) -Chocolate


Market Size Analysis -Category: Gum


Segment-Level Analysis (in Value Terms) -Gum


Segment-Level Analysis (in Volume Terms) -Gum


Market Size Analysis -Category: Sugar Confectionery


Segment-Level Analysis (in Value Terms) -Sugar Confectionery


Segment-Level Analysis (in Volume Terms) -Sugar Confectionery


Part 4: Distribution Analysis


Channel Share Analysis


Part 5: Competitive Environment


Leading Companies Value Share


Brand Share Analysis of Top Five Companies


Brand Share Analysis of Top Five Companies by Category


Private Label Share Analysis by Category


Growth of Private Labels Compared to Branded Products


Degree of Consolidation/Fragmentation by Category


Part 6: Health & Wellness Analysis


Health & Wellness Analysis by Category


Health & Wellness Analysis by Product Attributes


Health & Wellness Analysis by Consumer Benefits


Cross Category Comparison -Products with H&W Vs. Non-H&W Claims


Part 7: Packaging Analysis


Pack Material Growth Analysis


Pack Type Growth Analysis


Closure Type Growth Analysis


Primary Outer Type Growth Analysis


Part 8: City Deep Dive


Market Size Analysis of Top 10 Cities


Market Size Analysis of Top 10 Cities by Category


Part 9: Consumergraphics


Demographic Analysis


Part 10: Macroeconomic Analysis


GDP Growth and Inflation


Population Growth


Labor Market Trend


Economic Summary, Labor Market Trends, and Demographic Trends


The US Risk Index (GCRI) 2022


The US Risk Analysis -Compared to Global and North America Markets


Methodology


Definitions


Appendix




TABLE

Leading value categories


Fastest-growing segments (value), 2022


Cross-category comparison -by value (2017–27)


Cross-category comparison -by volume (2017–27)


Per capita consumption (by category), the US compared to North America and
global levels (in units), 2022


Chocolate -value analysis by segment, 2017–27


Chocolate -volume analysis by segment, 2017–27


Gum -value analysis by segment, 2017–27


Gum -volume analysis by segment, 2017–27


Sugar confectionery -value analysis by segment, 2017–27


Sugar confectionery -volume analysis by segment, 2017–27


Change in distribution share, 2017–22


Top five companies share by brand (in value terms) in the confectionery sector,
2022


Brand shares of top five companies (in value terms) by category, 2022


Category comparison -with H&W and non-H&W claims, 2017–22


Volume share analysis of 10 cities by category (%), 2022


Performance overview (score: 1–100)


Category data, by segment


Per capita consumption (in units), 2017–27


Per capita expenditure ($), 2017–27


Confectionery sales distribution in the US -by category ($ million), 2022


Brand share (in value terms) in the confectionery sector, 2022


Brand share (in value terms) in the confectionery sector, by category, 2022


Key health & wellness product attributes driving sales in the US, 2017–22


Key health & wellness consumer benefits driving sales in the US, 2017–22


Pack material (in million pack units), 2017–27


Pack materials by category (in million pack units), 2022


Pack type (in million pack units), 2017–27


Pack types by category (in million pack units), 2022


Closure type (in million pack units), 2017–27


Closure types by category (in million pack units), 2022


Primary outer type (in million pack units), 2017–27


Primary outer types by category (in million pack units), 2022


Real GDP and annual growth (%), 2018–27


Nominal GDP and annual growth (%), 2018–27


Consumer price inflation (%), 2018–27


Employed people and unemployment rate (%), 2018–27


Nominal household final consumption expenditure and annual growth (%), 2018–27


Population and annual growth (%), 2018–27


Population by age group (%)


Population by gender (%)


Population by rural-urban split (%)


Confectionery in the US : value/volume changes at segment level




FIGURES

Value and volume share of the US in the global and North America confectionery
sector, 2022–27


The US compared to the other top countries in terms of market share, growth, and
competitive landscape


PCC comparison -the US, North America , and global, 2017–27


PCE comparison -the US, North America, and global, 2017–27


Market size and growth analysis by value and volume, confectionery sector,
2017–27


Cross-category comparison -value growth analysis and category winners and losers


Cross-category comparison -volume growth analysis and category winners and
losers


Market size and growth analysis by value and volume, chocolate category, 2017–27


Market size and growth analysis by value and volume, gum category, 2017–27


Market size and growth analysis by value and volume, sugar confectionery
category, 2017–27


Share of key distribution channels (in value terms) -confectionery, 2022


Key distribution channel share by category (in value terms), 2022


Leading companies (in value terms) in the confectionery sector, 2022


Private label penetration by category (in value terms), 2022


Growth analysis, private label and brands, 2017–22


Category-wise consolidation/fragmentation (in value terms) -confectionery, 2022


Prominence of health & wellness claims by category, $ million, 2017–22


Contribution of health & wellness by product attributes, $ million, 2017–22


Contribution of health & wellness by consumer benefits, $ million, 2017–22


Key pack materials in the North American confectionery sector, percentage share
of pack units, 2022


Annual growth rate by key pack material, 2017–27


Use of pack material by category (in pack units), 2022


Key pack types in the North American confectionery sector, percentage share of
pack units, 2022


Annual growth rate by key pack type, 2017–27


Use of pack type by category (in pack units), 2022


Key closure types in the North American confectionery sector, percentage share
of pack units, 2022


Annual growth rate by key closure type, 2017–27


Use of closure type by category (in pack units), 2022


Key primary outer types in the North American confectionery sector, percentage
share of pack units, 2022


Annual growth rate by key primary outer type, 2017–27


Use of primary outer type by category (in pack units), 2022


Volume growth analysis of top eight cities (million kg), 2017–22


Demographic analysis


Real GDP ($ Billion) and annual growth (%)


Nominal GDP ($ Billion) and annual growth (%)


Consumer price inflation (%)


Nominal household final consumption expenditure growth (%) in $ terms


Population (millions) and annual growth (%)


Population by age group (%)


Population by gender (%)


Population by rural-urban split (%)


Employed people (millions) and unemployment rate (%)


Economic summary, labor market trends, and demographic trends


Five lowest-risk nations in GCRI Q4 2022


Five highest-risk nations in GCRI Q4 2022


The US’s performance in country risk analysis in comparison to North America and
the world


List of 108 countries analyzed to identify the high-potential countries in
different regions




FREQUENTLY ASKED QUESTIONS

 * What was the US confectionery market size in 2022?
   
   The US confectionery market was estimated to grow at $44.2 billion in 2022.
   
   

 * What will be the CAGR in the US confectionery market during 2022-2027?
   
   The market is likely to grow at a CAGR of more than 3% during 2022-2027.
   
   

 * Which was the leading category in the US confectionery market?
   
   In 2022, chocolate was the leading category, followed by sugar confectionery
   and gum.
   
   

 * Which distribution channel dominated the US confectionery market?
   
   In 2022, hypermarkets & supermarkets led the US confectionery market share,
   followed by convenience stores, and e-retailers.
   
   

 * Which are the leading cities in the US confectionery market?
   
   In 2022, New York emerged as the largest confectionery market in the US,
   followed by Los Angeles.
   
   

 * Which pack material dominated the US confectionery market?
   
   In 2022, flexible packaging was the leading pack material in the US
   confectionery market.
   
   

 * Which are some of the leading companies in the US confectionery market?
   
   Some of the leading companies in the US confectionery market are The Hershey
   Company, Mars, Incorporated, Ferrero, Chocoladefabriken Lindt & Sprüngli AG,
   and Mondelēz International, Inc among others.
   
   

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Senior Account Manager, TSYS

“The GlobalData platform is our go-to tool for intelligence services. GlobalData
provides an easy way to access comprehensive intelligence data around multiple
sectors, which essentially makes it a one-for-all intelligence platform, for
tendering and approaching customers.

GlobalData is very customer orientated, with a high degree of personalised
services, which benefits everyday use. The highly detailed project intelligence
and forecast reports can be utilised across multiple departments and workflow
scopes, from operational to strategic level, and often support strategic
decisions. GlobalData Analytics and visualisation solutions has contributed
positively when preparing management presentations and strategic papers.”



Business Intelligence & Marketing Manager, SAL Heavy Lift


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