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Report Overview

The United States confectionery market reached approximately USD 38.60 billion in 2024. The market is projected to grow at a CAGR of 5.0% between 2025 and 2034, reaching a value of around USD 59.63 billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

United States Confectionery Market Report Summary Description Value
Base Year USD Billion 2023
Historical Period USD Billion 2018-2023
Forecast Period USD Billion 2024-2032
Market Size 2023 USD Billion 38.60
Market Size 2032 USD Billion 59.63
CAGR 2018-2023 Percentage XX%
CAGR 2024-2032 Percentage 5.0%
CAGR 2024-2032 - Market by Region Southeast 4.9%
CAGR 2024-2032 - Market by Region New England 4.6%
CAGR 2024-2032 - Market by Product Type Chocolate Confectionery 5.4%
CAGR 2024-2032 - Market by Distribution Channel Online Retail 5.6%
Market Share by Region Plains 12.2%

United States Confectionery Market Outlook

The rise in disposable income, the growing popularity of premium chocolate, and seasonal celebrations are some of the crucial factors driving the growth of the United States confectionary market.  Confectionery products which contain less sugar and are made of only natural ingredients are gaining prominence among health-conscious consumers. Furthermore, seasonal celebrations such as Valentine’s Day and Christmas can surge the sales of chocolate and other sweet-based products during that period.

The burgeoning popularity of vegan chocolates in the country is one of the major market trends. For instance, Vego, a prominent European vegan chocolate brand, announced its launch in the United States in October 2023. This brand is known for its range of creamy hazelnut chocolates that are dairy-free and appeal to lactose-intolerant and vegan consumers.

As per the United States Confectionery Market Regional Analysis, the Far West Occupies Major Market Share

  • The Far West leads with a 5.7% CAGR, driven by high consumer demand for premium and innovative confectionery products. 
  • The Rocky Mountain region follows with a 5.3% growth rate, reflecting strong sales in both urban and tourist-heavy areas. 
  • The Southwest and Southeast regions also boost United States confectionery demand with CAGRs of 5.1% and 4.9% respectively. The regions are supported by rising disposable incomes and a preference for indulgent treats. 
  • New England and the Mideast exhibit steady growth at 4.6% and 4.3%, driven by both traditional and artisanal confectionery demand. 
  • The Plains and Great Lakes regions, with slower growth rates of 4.0% and 3.7%, likely reflect more mature markets with established consumer preferences.

These regional variations highlight the diverse consumer tastes and spending habits across the United States, with the Far West and Rocky Mountain regions leading the market expansion.

CAGR 2024-2032 - Market by Region
Southeast 4.9%
New England 4.6%
Mideast XX%
Plains XX%
Great Lakes XX%
Southwest XX%
Rocky Mountain 5.3%
Far West 5.7%

United States Confectionery Market Growth is Driven by Rising Demand for Innovative Chocolate Products

  • Chocolate Confectionery leads the market with a 5.4% CAGR, driven by the continuous demand for premium and innovative chocolate products. 
  • Sugar Confectionery fuels the United States confectionery market value with a 5.2% growth rate, reflecting the popularity of candies and sweets among a broad consumer base. 
  • Gum Confectionery shows a 4.8% CAGR, supported by the consistent demand for chewing gum and breath fresheners. 
  • The Others category, which includes various niche and emerging confectionery products, grows at a 4.5% rate, indicating a steady but smaller market segment.

These growth trends highlight the strong appeal of both traditional and new confectionery offerings, with chocolate leading the way in driving market expansion.

One of the Prominent United States Confectionery Market Trends is the Growth of Artisanal Confectionery

  • Online Retail leads with a 5.6% CAGR, reflecting the increasing shift towards e-commerce and the convenience of online shopping for confectionery products. 
  • As per the United States confectionery market dynamics and trends, supermarkets and Hypermarkets follow with a 5.3% growth rate, driven by their widespread availability and extensive product range. 
  • Convenience Stores exhibit a 5.0% CAGR, supported by the impulse purchase nature of confectionery items and their accessibility. 
  • Specialty Stores, which often offer premium and artisanal confectionery fuel the confectionery market share in the United States with a 4.8% growth rate, appealing to niche markets. 
  • The Others category, including various alternative channels, grows at a 4.5% rate, indicating a smaller but consistent segment.

These trends highlight the dominance of online retail in the confectionery market's growth, alongside the continued importance of traditional brick-and-mortar outlets.

Key Questions Answered in This Report:

  • How has the United States confectionery market performed historically, and what are the growth expectations for the future?
  • What are the primary factors influencing demand and growth in the United States confectionery market?
  • What are the key segments within the United States confectionery market, and how are they expected to evolve over the forecast period?
  • What are the major challenges and opportunities facing stakeholders in the United States confectionery market?
  • Who are the key players in the United States confectionery market, and what strategies are they employing to maintain a competitive edge?
  • What are the regulatory and policy factors influencing the United States confectionery market globally or regionally?
  • How competitive is the United States confectionery market according to Porter's five forces analysis, including factors like bargaining power of buyers and suppliers?
  • What are the current trends shaping the United States confectionery market landscape, and how are they expected to evolve in the future?
  • How are technological advancements impacting the United States confectionery market, and what role do innovation and R&D play in driving growth?
  • What are the consumer preferences and buying behavior trends influencing the United States confectionery market?
  • How sustainable are current growth rates in the United States confectionery market, and what factors could potentially disrupt these trends?
  • What are the regional dynamics within the United States confectionery market, and how do they contribute to overall market growth?
  • What are the economic factors influencing the United States confectionery market, such as GDP growth, inflation rates, and currency fluctuations?
  • How are demographic shifts, such as aging populations or urbanization trends, affecting demand in the United States confectionery market?
  • What are the key strategic partnerships, mergers, and acquisitions shaping the competitive landscape of the United States confectionery market?
  • What are the regulatory and legal frameworks impacting the United States confectionery market globally or in key regions?
  • How are changing consumer lifestyles and preferences influencing product or service demand within the United States confectionery market?
  • What are the emerging market trends and niche opportunities within the United States confectionery market that stakeholders should be aware of?
  • How resilient is the United States confectionery market to external shocks or disruptions, such as geopolitical tensions or natural disasters?
  • What are the potential barriers to market entry and growth for new players in the United States confectionery market?

Key Benefits for Stakeholders:

Expert Market Research's industry report provides a comprehensive quantitative analysis of various market segments, historical and current market trends, and forecasts the dynamics of the United States confectionery market spanning from 2018 to 2032.

The research report delivers up-to-date insights into the market drivers, challenges, and opportunities shaping the United States confectionery industry.

Stakeholders can leverage Porter's five forces analysis to assess the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. This analysis aids in evaluating the competitiveness and attractiveness of the United States confectionery market.

The competitive landscape section enables stakeholders to gain a deep understanding of their competitive environment. It offers insights into the current market positions of key players, their strategies, and their market shares.

Additionally, the report highlights emerging trends, regulatory influences, and technological advancements that are pivotal for stakeholders navigating the United States confectionery market landscape.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Distribution Channel
  • Region
Breakup by Product Type
  • Chocolate Confectionery
  • Sugar Confectionery
  • Gum Confectionery
  • Others
Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Online Retail
  • Specialty Stores
  • Others
Breakup by Region
  • New England
  • Mideast
  • Great Lakes
  • Plains
  • Southeast
  • Southwest
  • Rocky Mountain
  • Far West
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Mars, Incorporated
  • The Hershey Company
  • Mondelez International, Inc.
  • Nestlé S.A.
  • Ferrero Group
  • Lindt & Sprüngli AG
  • Others

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63 Fiona Drive, Tamworth, NSW

+61-448-061-727

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63-287-899-028, +63-967-048-3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84-865-399-124