Press Releases

The North America Confectionery Market to be aided by the USA market, which is expected to grow at a CAGR of 2% between 2019 and 2024

Expert Market Research Thumbnail Image

"According to a new report by EMR titled, ‘North America Confectionery Market Report and Forecast 2019-2024’, the North America confectionery market to be aided by the USA confectionery market which reached nearly USD 24.8 billion in 2018. The USA market is projected to attain a value of almost USD 28 billion by 2024."

The North America Confectionery market is significantly aided by the growing USA market. The market is rapidly growing and is anticipated to reach nearly USD 28 billion by 2024. The Hershey Company and Mars, the leading two players, account for nearly 60% of the USA market. The leading players in the gum industry is Wrigley, accounting for over 50% the market share. Wrigley is owned by Mars as a subsidiary, incorporated in the year 2008.

The confectionery market is a large market with a huge population as its consumers. The wide range of products and flavours available in the sector attracts many consumers. confectionery is a common favourite among consumers, especially among children. The sales of gums are due to the growing consumption of gums by the younger generation. The easy availability of confectionery is also aiding the growth of the market.

The Hershey Co (NYSE: HSY), a leading key player in the North America confectionery market is one of the largest manufacturers globally. The reason for the brand to be a favourite among consumers is their innovative range of products, prepared specially to meet the customer needs. It is the preferred brand among consumers because of its cost effectiveness and great quality. Another major player, Nestlé USA’s confectionery trade was bought by Ferrero for USD 2.8 billion in 2018.

Market Analysis by Types and Regions:

  • The confectionery market can be divided into chocolate, non-chocolate, gums and mints.
  • Chocolate can be sub divided into white, milk and dark chocolate.
  • The major regions in the North America market are United States and Canada.

Key Findings of the Report:

  • The North America confectionery market is being aided by the expanding distribution channels, both online and retail.
  • The introduction of sugar free or reduced sugar confectionery is also propelling the growth of the market.
  • The healthy growth of the economies of the regions is driving the market growth.
  • The increased disposable income of the people is also increasing the sales of confectionery.

Key Offerings of the Report:

  • The EMR report provides an overview of the North America confectionery market for the periods (2014-2018) and (2019-2024).
  • The report also offers the historical (2014-2018) and forecast (2019-2024) markets for the types and regions of confectionery in North America.
  • The report also gives the region wise price trends of the North America confectionery market. 
  • The report gives the global trade analysis for the year 2018, covering the major exporting and importing countries by value and volume. 

The major players in the North America confectionery market are The Hershey Company, Ferrero SpA, Mondelez International, Inc., Mars, Incorporated, Nestlé USA, LLC, Lindt & Sprüngli, among others. The comprehensive report covers their market share, capacity, and latest developments like mergers, acquisitions and investments, capacity expansions, and plant turnarounds.

About Us:

EMR is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At EMR, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com

Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

Purchase Options  

Buy Now  

Call us on

( USA & Canada )
+1-415-325-5166
us.sales@expertmarket
research.com
( United Kingdom )
+44-702-402-5790
uk.sales@expertmarket
research.com
Send Enquiry  

"North America Confectionery Market: By Type: Chocolate (White, Milk, Dark), Non-Chocolate, Gum and Mints; By Country: United States, Canada; Historical Supply and Demand (2014-2018); Supply and Demand Forecast (2019-2024); SWOT Analysis; Value Chain Analysis; North America Confectionery Price Analysis; Cost Analysis; Competitive Landscape & Supplier Analysis; Consumer Analysis; Events and Developments"

Why Expert Market Research?

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

Similar Reports

Expert Market Research Thumbnail Image
Saudi Arabia Instant Noodles Market Report and Forecast 2019-2024

Saudi Arabia Instant Noodles Market Report and Forecast 2019-2024

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Bread and Rolls Market Report & Forecast 2019-2024

The global bread and rolls market stood at a value of nearly USD 201 billion in 2018. The market is further expected to grow in the forecast period of 2019-2024 at a CAGR of 2.5% and is projected to a...

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Cereal Bars Market Report and Forecast 2019-2024

Global Cereal Bars Market Report and Forecast 2019-2024

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Sauces Market Report and Forecast 2019-2024

Global Sauces Market Report and Forecast 2019-2024

  • 24 Hour Email Delivery
  • Price: $ 2999
Expert Market Research Thumbnail Image
Global Bubble Tea Market Report and Forecast 2019-2024

The global bubble tea market reached a value of almost USD 2.2 billion in the year 2018. The industry is further expected to grow at a CAGR of 7.5% between 2019 and 2024 to reach a value of almost USD...

  • 24 Hour Email Delivery
  • Price: $ 2999

Stay informed with our free industry updates.