Press release
Confectionery Market in the United States of America (USA) - Top Growth Opportunities
Confectionery Market
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Summary
Top Growth Opportunities for Confectionery in the US provides recommended actions and detailed analysis of how to target the best growth opportunities for Confectionery producers and retailers. Readers can understand what categories, channels, companies, and consumers will drive the success of Confectionery markets in the US through GlobalData’s detailed and robust data, expert insight, and case studies.
GlobalData’s Top Growth Opportunity reports use a risk versus reward opportunity model to identify the best growth markets for Confectionery producers. Through this in-depth study of market and category dynamics, readers are able to identify key opportunities, and what they need to do in order to target them.
Top Growth Opportunities for Confectionery in the US provides an overview of the Confectionery market, analyzing market data, demographic consumption patterns within the category, and the key consumer trends driving consumption. GlobalData’s proprietary Risk vs Reward Opportunity model pinpoints the best growth opportunities for Confectionery producers, suppliers and retailers by combining robust, granular data and expert insight. The report uses this framework to identify the best opportunities, analyze white spaces in the market, and outline new product development that will effectively target the most pertinent consumer need states. These are combined to offer strategic recommendations to capitalize on evolving consumer landscapes.
Get access to -
- Key consumer demographic groups driving consumption within the American market. Improve your consumer targeting by understanding who’s driving the market, what they want, and why
- A study of market value and volumes over 2014-2019 for the US, supplemented with category, brand and packaging analysis that shows the current state of the market, and how it will evolve over the 2019-2023 period
- White space analysis, to pinpoint attractive spaces in the market and the key actions to take
- Insight into the implications behind the data, and analysis of how the consumer needs will evolve in the short-to-medium term future
- Examples of international and regional product innovation targeting key consumer needs
Scope
- The US's Confectionery sector ranked 40th on the GlobalData Opportunity Score and was valued at US$40,469.8 million in 2019
- Gum accounted for the smallest value share in the sector, expected to decline further from 2019 to 2024
- The US Confectionery sector is expected to register growth at a CAGR of 1.8% over 2019 - 2024
Reasons to Buy
- This report brings together consumer analysis and market data to provide actionable insight into the behavior of the US's Confectionery consumers.
- This is based on GlobalData's unique consumer data, developed from extensive consumption surveys and consumer group tracking, which quantifies the influence of 20 consumption motivations in the Confectionery sector.
- Category, brand, and packaging dynamics are also examined. This allows product and marketing strategies to be better aligned with the leading trends in the market.
Companies Mentioned in the Report
Ferrero
Mars
Incorporated
The Hershey Company
Chocoladefabriken Lindt & Sprüngli AG
Haribo GmbH & Co. KG
Perfetti Van Melle SpA
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What we can offer in the Strategic Opportunities
HTF MI analysts identify in broad terms why some companies are gaining or losing share within a given market segment. Every company have its own story and changes in market share are knowingly the most important indicator of management effectiveness & corporate strategies; it is important to identify those who are succeeding in the market and those who are failing, and the cause of the market flux. Key Financial Ratios are also considered to get towards root-cause analysis of each companies such as Return on Assets, ROCE, and Return on Equity etc. From this understanding of the forces driving the market, the analyst team prepares its strategic recommendations. Ultimately, it’s that market wisdom, beyond the market data and forecasts, which is the most valuable component of HTF MI market research studies and provides our clientele with the greatest competitive edge with top level quality standards.
How insights and forecasts from the reports could benefit you:
• To understand latest market dynamics and Demand & Supply situation
• Gauging timing and size of R&D activities
• to gear up or down production cycle to meet demand
• Ways to increase or decrease sales force activities
• Supporting & Adjust Investment/business decisions
• Benchmark and judge own competitiveness
• Assisting in allocating marketing investments
• Supporting company financial and cash flow planning
• Open up New Markets
• To Seize powerful market opportunities
• Identify Key Business Segments, Market proposition & Gap Analysis
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like GCC, Australia, LATAM, North America, Europe or Asia.
Contact US :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Unit No. 429, Parsonage Road Edison, NJ
New Jersey USA – 08837
Phone: +1 (206) 317 1218
sales@htfmarketreport.com
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About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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