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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.
Base Year
Historical Year
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% |
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.
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% |
These growth trends highlight the strong appeal of both traditional and new confectionery offerings, with chocolate leading the way in driving market expansion.
These trends highlight the dominance of online retail in the confectionery market's growth, alongside the continued importance of traditional brick-and-mortar outlets.
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 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:
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Breakup by Product Type |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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