North American Confectionery Market 2020 Size, Growth Analysis Report, Forecast to 2026

The North American confectionery market is anticipated to grow with a considerable CAGR during the forecast period (2020-2026). The confectionary market growth is mainly influenced by the growing demand for premium chocolate and various other good quality ethically sourced cocoa products. Additionally, the prevalence of obesity is also high across the region. According to the CDC’s survey, in 2019 approximately 40.0% of adults and 18.5% of children in the age range of 2 to 19 years in the US have obesity disorder. Hence, the high obesity rate across the region is driving the adoption of healthy products such as low calorie, high cocoa, and functional ingredient-based ingredients in the confectionery industry.

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Furthermore, the fitness trend is also gaining considerable popularity across the region with more and more people opting for gym and health clubs. This is anticipated to increase the adoption of protein bars and other healthy ingredient-based confections. Moreover, the seasonal chocolate gifting trend across the region is also increasing the adoption of premium chocolate. In addition to this, strong campaigns are also aiding companies’ revenue with increasing the popularity of confectioneries among people. This in turn will also impact the growth of the North American confectionery market during the forecast period.

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Key questions addressed by the report

What is the market growth rate?
Which segment dominates the market in the base year?
Which segment will project the fastest growth in the market?
How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected region

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

North American Confectionery Market Report Segment

By Type

Sugar Confectionery
Chocolate Confectionery
Bakers Confectionery

By Distribution Channel

Supermarkets/ Hypermarkets
Convenience Stores
Online Channel

North American Confectionery Market Report Segment- By Geography

United States
Canada

Company Profiles

Arcor SAIC
Cavalier Candies Ltd.
Chocoladefabriken Lindt & Sprüngli AG
Ferrero U.S.A., Inc.
Ganong Bros., Ltd.
Karma Candy Inc.
Mars, Inc.
Meiji America Inc.
Mondel?z Global LLC

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