Country Profile: Confectionery Sector in the US

2017-07-27
Price :
Published : Jul-2017
No. of Pages : 132

Country Profile: Confectionery Sector in the US

Summary

United States Confectionery sector accounted for a volume share of 21.9% of the global market and 84.5% of the regional (North America) market, in 2016. The sector was valued at US$36,410.2 Million in 2016 and is expected to grow at a CAGR of 4.4% during 2016-2021. Innovation in terms of flavours and indulgence, coupled with increasing disposable incomes of consumers is driving the US Confectionery market. Per capita consumption stood at 8.6kg in the US when compared to the global and North America levels of 2.5kg and 6.8kg, respectively, in 2016.

Chocolate was the largest with value sales of US$20,608.1 Million in 2016. Furthermore, it is expected to grow at a CAGR of 3.9% during the forecast period (2016-2021). Meanwhile, the Sugar Confectionery market is expected to record the fastest CAGR of 6.1%.

Hypermarkets & Supermarkets was the leading distribution channel in the US Confectionery sector, accounting for a total value share of 39.4% in 2016. It was followed by Convenience Stores and Food & Drinks Specialists with value shares of 18.4% and 10.4%, respectively, in the same year. Flexible Packaging was the most commonly used package material in the US Confectionery sector with a share of 83.7% in 2016. It was followed by Rigid Plastics and Rigid Metal with shares of 7.2% and 5.7%, respectively.

The top five brands in the US Confectionery sector accounted for 10.9% value share, in 2016. Private labels accounted for a 2.7% share by value in the same year. Health & Wellness attributes such as ‘Free From’ and ‘Food Intolerance’ and consumer benefits such as ‘Health Management’ and ‘General Wellbeing’ are the most sought after Health & Wellness claims in the US Confectionery sector.

The report “Country Profile: Confectionery Sector in the US” provides insights on high growth markets to target, trends in the usage of package materials, category level distribution channel data and market share of brands.

In particular, this report provides the following analysis –
– Market data: Overall market value and volume data with growth analysis for 2011-2021.
– Category coverage: Value and growth analysis for Chocolate, Gum, and Sugar Confectionery with inputs on individual category share within each market and the change in their market share forecast for 2016-2021.
– Leading players: Market share of brands and private labels, including private label growth analysis from 2011-2016.
– Distribution data: Percentage of sales within each market through distribution channels such as Cash & Carries and warehouse Clubs, Hypermarkets & Supermarkets, Convenience Stores, Food & Drinks Specialists, eRetailers and others.
– Packaging data: consumption breakdown for package materials and pack types in each market, in terms of percentage share of number of units sold. Package material data for Glass, Flexible Packaging, Paper & Board, Rigid Plastics, and others; Pack data for: Carton, Film, Bag/Sachet, Tub, Wrapper, Bottle, and Tube.

Companies mentioned in this report: The Hershey Company, Mars, Incorporated, Mondelez International, Inc, Chocoladefabriken Lindt & Sprüngli AG, Perfetti Van Melle SpA, Nestle, Yildiz Holding AS, See`s Candies Inc, Ferrara Candy Company, Inc, Melville Candy Company.

Scope

– The Confectionery sector in the US is forecast to grow at 4.4% CAGR in value terms during 2016-2021
– Per capita consumption of Chocolate and Sugar Confectionery is noticeably high in the US compared to global and regional levels
– Hypermarkets & Supermarkets is the largest distribution channel, followed by Convenience Stores
– The Sugar Confectionery market leads the US Confectionery sector in Health & Wellness claims
– Flexible Packaging is the most commonly used package material in the US Confectionery sector

Reasons to buy

– Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
– Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
– Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
– Manufacturers can identify the opportunities to position products with H&W attributes/benefits
– Access the key and most influential consumer trends driving Confectionery products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
– 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 expansion.

Filed in: Food & Beverage
Publisher : GlobalData
More Reports
Title Price Buy Now

Dressings (Seasonings, Dressings & Sauces) Market in Egypt – Outlook to 2021: Market Size, Growth and Forecast Analytics

Dressings (Seasonings, Dressings & Sauces) Market in Egypt - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Dressings (Seasonings, Dressings & Sauces) Market in Egypt - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Dressings market in Egypt. Flavourful savory dressing served as accompaniment to food and salads. Includes mayonnaise, cream-style dressings, vinegrette, tomato-based and other dressings. Dressings market in Egypt registered a positive compound annual growth rate (CAGR) of 6.26% during the period 2011 to 2016 with a sales value of EGP 219.88 Million in 2016, an increase of 6.29% over 2015. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast to 20......
$750

Iced/RTD Coffee Drinks (Soft drinks) Market in Australia – Outlook to 2021: Market Size, Growth and Forecast Analytics

Iced/RTD Coffee Drinks (Soft drinks) Market in Australia - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Iced/RTD Coffee Drinks (Soft drinks) Market in Australia - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Iced/RTD Coffee Drinks market in Australia. Primarily non-carbonated packaged ready to drink (rtd) and non-ready to drink (non-rtd) coffee-based drinks (carbonated iced/rtd tea coffee is consumed traditionally in Calabria in southern Italy as a substitute for cola). May be cold- or hot-filled, based on brewed coffee or coffee extract. Products may contain additional flavoring (eg vanilla, chocolate) as well as sweeteners and other ingredients, notably milk. Includes all products that have coffee as thei......
$500

Iced/RTD Tea Drinks (Soft drinks) Market in Canada – Outlook to 2021: Market Size, Growth and Forecast Analytics

Iced/RTD Tea Drinks (Soft drinks) Market in Canada - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Iced/RTD Tea Drinks (Soft drinks) Market in Canada - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Iced/RTD Tea Drinks market in Canada. Carbonated and non-carbonated ready to drink (rtd) packaged tea-based drinks and non-ready to drink (non-rtd) powders and liquid concentrates which dilute with water to make a product similar/identical to the ready to drink product. Includes products based on black, green, oolong, barley, rooibos, white and mate tea, as well as fruit, flower and herbal teas. Products can be cold or hot-filled and based on brewed tea or tea extract. They may contain additional flavorings, typically......
$500

Squash/Syrups (Soft drinks) Market in China – Outlook to 2021: Market Size, Growth and Forecast Analytics

Squash/Syrups (Soft drinks) Market in China - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Squash/Syrups (Soft drinks) Market in China - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Squash/Syrups market in China. Non-ready-to-drink (non-rtd) products, marketed as concentrates for home consumption. The category includes fruit and non-fruit based products and flavors. All market figures shown in our database and reports are expressed in ready to drink (rtd) volumes. Dilution ratio varies from country to country. Double concentrate squashes are available in countries such as the UK. These are typically diluted at approximately half the rate of a single concentrate (see Dilution Ratios). Excludes syrups for hom......
$500

Flavored Water (Soft drinks) Market in France – Outlook to 2021: Market Size, Growth and Forecast Analytics

Flavored Water (Soft drinks) Market in France - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Flavored Water (Soft drinks) Market in France - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Flavored Water market in France. Packaged water which has been flavored by the addition of essences and/or aromatic substances but which does not contain sweetening agents (flavored sweetened waters are included in carbonates if carbonated and in still drinks if non-carbonated). Flavored Water market in France registered a positive compound annual growth rate (CAGR) of 4.03% during the period 2011 to 2016 with a sales value of EUR 194.07 Million in 2016, a decrease of -0.42% over 2015. The research handbook provides up-to-......
$500

Packaged Water (Soft drinks) Market in India – Outlook to 2021: Market Size, Growth and Forecast Analytics

Packaged Water (Soft drinks) Market in India - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Packaged Water (Soft drinks) Market in India - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Packaged Water market in India. All potable water including water without added mineral/vitamin enhancement, flavorings or sugar/sweeteners, sold in large containers of up to and including 10 liters. Excludes soda waters ie carbonated water with sodium salts such as Schweppes Soda Water (included under Carbonates) Packaged Water market in India registered a positive compound annual growth rate (CAGR) of 21.14% during the period 2011 to 2016 with a sales value of INR 1,260,351.19 Million in 2016, an increase of 16.86% over 2015......
$500

Energy Drinks (Soft drinks) Market in Mexico – Outlook to 2021: Market Size, Growth and Forecast Analytics

Energy Drinks (Soft drinks) Market in Mexico - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Energy Drinks (Soft drinks) Market in Mexico - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Energy Drinks market in Mexico. Energy-enhancing products, mainly carbonated and containing stimulants such as caffeine, taurine, guarana (the guarana seed has a higher caffeine content than coffee), glucuronolactone, yerba mate, along with glucose syrup (corn syrup) and maltodextrin. May contain B complex group vitamin combinations. As well as vitamins A and E (ie antioxidants); vitamin C (ascorbic acid); L-carnitine; exotic herbs and substances, such as gingko biloba, ginseng, milk thistle; acidity regulators. Products may a......
$500

Dressings (Seasonings, Dressings & Sauces) Market in Sweden – Outlook to 2021: Market Size, Growth and Forecast Analytics

Dressings (Seasonings, Dressings & Sauces) Market in Sweden - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Dressings (Seasonings, Dressings & Sauces) Market in Sweden - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Dressings market in Sweden. Flavourful savory dressing served as accompaniment to food and salads. Includes mayonnaise, cream-style dressings, vinegrette, tomato-based and other dressings. Dressings market in Sweden registered a positive compound annual growth rate (CAGR) of 2.98% during the period 2011 to 2016 with a sales value of SEK 1,092.61 Million in 2016, an increase of 2.65% over 2015. The research handbook provides up-to-date market size data for period 2011-2016 and illustrative forecast......
$750

Hot Tea (Hot Drinks) Market in the United Kingdom – Outlook to 2021: Market Size, Growth and Forecast Analytics

Hot Tea (Hot Drinks) Market in the United Kingdom - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Hot Tea (Hot Drinks) Market in the United Kingdom - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Hot Tea market in the United Kingdom. Tea is an aromatic beverage commonly prepared by pouring hot or boiling water over cured leaves of the tea plant, Camellia sinensis. Tea - covers "true" teas (i.e. those based on the leaves of the Camellia sinensis plant). In practice this means Black Teas, Green Teas, and Flavored and Scented teas (such as jasmine tea, earl grey tea or teas flavoured with blends of fruit, spices or herbs). Also includes infusions based on fruits, flowers and herbs and blends of real tea with fruits......
$500

Fruit Powders (Soft drinks) Market in the United Kingdom – Outlook to 2021: Market Size, Growth and Forecast Analytics

Fruit Powders (Soft drinks) Market in the United Kingdom - Outlook to 2021: Market Size, Growth and Forecast Analytics Summary Fruit Powders (Soft drinks) Market in the United Kingdom - Outlook to 2021: Market Size, Growth and Forecast Analytics is a broad level market review of Fruit Powders market in the United Kingdom. Non-ready-to-drink (non-rtd) products in powder form. All market figures shown in our report are expressed in ready to drink (rtd) volumes. Powdered drinks dilution ratio varies from brand to brand. Excludes powdered tea and coffee-based drinks (included in iced/rtd tea drinks and iced/rtd coffee drinks respectively) and powdered sports drinks and energy drinks (included in sports drinks and energy drinks respectively). Includes ‘almost rtd (dosage)' products......
$500