U.S. Confectionery Market Assessment and Forecasts to 2028 - The Hershey Company, Mars and Ferrero Continue to Dominate the Market


Dublin, Nov. 19, 2024 (GLOBE NEWSWIRE) -- The "United States of America Confectionery - Market Assessment and Forecasts to 2028" report has been added to ResearchAndMarkets.com's offering.

The US confectionery sector expected to grow from $47.9 billion in 2023 to $56.1 billion in 2028, at a CAGR of 3.2%.In volume terms, the sector is expected to grow from 3.04 billion kg in 2023 to 3.26 billion kg in 2028, registering a CAGR of 1.4%.

Chocolate is the largest category in value and volume terms. The Hershey Company, Mars and Ferrero are the top three companies in the US confectionery sector. In the US, consumption of confectionery is higher among females than males.

Report Scope

  • Per capita consumption of confectionery in the US was higher than regional and global levels in 2023.
  • Chocolate was the leading category in both value and volume terms
  • Hypermarkets & supermarkets was the leading distribution channel in the US confectionery sector, with a value share of 38% in 2023
  • The Hershey Company accounted for a value share of 24.2% in 2023

Reasons to Buy

  • Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
  • Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
  • Gain an understanding of the total competitive landscape based on detailed company share analysis to plan effective market positioning
  • The 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 expansion
  • Analysis on key macro-economic 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 economic summary of the country along with labor market and demographic trends.

Company Coverage:

  • The Hershey Company
  • Mars Incorporated
  • Ferrero
  • Nestle
  • Chocoladefabriken Lindt & Sprungli AG
  • Mondelez International Inc
  • Perfetti Van Melle SpA
  • Tootsie Roll Industries Inc

Key Topics Covered:

  • 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
  • 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
  • Category Deep Dive
  • 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
  • Distribution Analysis
  • Channel Share Analysis
  • 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
  • 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
  • Packaging Analysis
  • Pack Material Growth Analysis
  • Pack Type Growth Analysis
  • Closure Type Growth Analysis
  • Primary Outer Type Growth Analysis
  • City Deep Dive
  • Market Size Analysis of Top 10 Cities
  • Market Size Analysis of Top 10 Cities by Category
  • Consumergraphics
  • Demographic Analysis
  • Macroeconomic Analysis
  • GDP Growth and Inflation
  • Population Growth
  • Labor Market Trend
  • Economic Summary, Labor Market Trends, and Demographic Trends
  • The US Risk Index (GCRI) 2023
  • The US Risk Analysis - Compared to Global and North America Markets


For more information about this report visit https://www.researchandmarkets.com/r/1xkaw

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