United States Confectionery Market Assessment by Categories, Distribution, Packaging, Consumergraphics and Forecasts to 2027
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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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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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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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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.
Mars Incorporated
Nestlé
Chocoladefabriken Lindt & Sprüngli AG
Perfetti Van Melle SpA
Ferrero
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Frequently asked questions
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What was the US confectionery market size in 2022?
The US confectionery market was estimated to grow at $44.2 billion in 2022.
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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.
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Which was the leading category in the US confectionery market?
In 2022, chocolate was the leading category, followed by sugar confectionery and gum.
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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.
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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.
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Which pack material dominated the US confectionery market?
In 2022, flexible packaging was the leading pack material in the US confectionery market.
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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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