NEW YORK, June 20, 2016 /PRNewswire/ -- About the Confectionery Market in the US
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.
Technavio's 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
- Hershey's
- MarsMar
- Mondel?z International
- Perfetti Van Melle
- Wm. Wrigley Jr. Company
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
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?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: http://www.reportlinker.com/p02834693-summary/view-report.html
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