Market Forecast By Distribution (Supermarkets & Hypermarkets, Online Retail, Specialist Retailers, Convenience Stores, And Others), By Product Type (Chocolate Candy And Non-Chocolate Candy), By Countries (United States, Canada) And Competitive Landscape
Product Code: ETC055043 | Publication Date: May 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America candy market is expected to register growth in the coming year due to high disposable income, changing consumer preferences in developing and developed economies. The United States is the largest market accounting for a huge confectionery volume share. Increased demand for high sugar content related to obesity is severe distress among North American consumers. Customers are looking for healthier options, like low-calorie along with functional ingredient-based candy. Functional claim on confectionery products labels is increasing rapidly. Moreover, the outbreak of the coronavirus pandemic has affected various industries along with this market by disruption in sales and production.
According to 6Wresearch, North America Candy Market size is anticipated to register growth during 2020-2026. The North American candy market is split among multinational players accounting for the dominant share. Nestle, Hershey, Ferrero, Mars Inc., and Mondelez International are the leading players in the candy market. Companies are executing several strategies like partnerships, new product development, merger, and acquisitions to deliver innovative products and to enlarge their product portfolio to meet the growing demand.
Based on product type, the candy market is bifurcated into chocolate candy and non-chocolate candy. Further, in terms of distribution channel, the market is categorized into Supermarkets and Hypermarkets, Convenience Stores, Specialist Retailers, Online Retail, and Others. Moreover, the growing fitness trend in the region is projected to upthrust the growth of associated markets including protein bars. Moreover, the developed countries like the United States have experienced a considerable increase in the number of consumers opting for fitness and health clubs who are progressively becoming the target consumer of the market. Since protein is an important element that supports fitness progress, consumers are opting for weight management and energy products, such as protein bars, to remain fit and healthy.
North America candy market report thoroughly covers the market by product type, Distribution Channel, and key countries including the United States and Canada. North America candy market outlook report provides an unbiased and detailed analysis of the ongoing North America candy market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
North America Candy Market is projected to witness substantial growth in the upcoming forthcoming years on the back of the rising celebration has led to an increase in the purchase for a wide range of candies which is resulting in the massive growth of the candy market in the region. Additionally, the rising product innovation with the addition of new flavors, not only attracts the children but also attracts youngsters to purchase varieties of confectionery items, as a result, it is estimated to secure tremendous growth of the North America candy market in the coming time zone.
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. North America Candy Market Overview |
3.1. North America Country Macro Economic Indicators |
3.2. North America Candy Market Revenues, 2019 & 2026F |
3.3. North America Candy Market - Industry Life Cycle |
3.4. North America Candy Market - Porter's Five Forces |
3.5. North America Candy Market Revenue Share, By Product Type, 2019 & 2026F |
3.6. North America Candy Market Revenue Share, By Distribution, 2019 & 2026F |
4. North America Candy Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. North America Candy Market Trends |
6. North America Candy Market, By Product Type |
6.1. North America Candy Market, By Product Type |
6.1.1. Overview and Analysis |
6.1.2. North America Candy Market Revenues, By Chocolate Candy, 2016 - 2026F |
6.1.3. North America Candy Market Revenues, By Non-chocolate Candy, 2016 - 2026F |
6.2. North America Candy Market, By Distribution |
6.2.1. Overview and Analysis |
6.2.2. North America Candy Market Revenues, By Supermarkets and Hypermarkets, 2016 - 2026F |
6.2.3. North America Candy Market Revenues, By Online Retail, 2016 - 2026F |
6.2.4. North America Candy Market Revenues, By Specialist Retailers, 2016 - 2026F |
6.2.5. North America Candy Market Revenues, By Convenience Stores, 2016 - 2026F |
6.2.6. North America Candy Market Revenues, By Others, 2016 - 2026F |
7. the United States Candy Market |
7.1. United States Candy Market, By Product Type |
7.1. United States Candy Market, By Distribution |
7.1. United States Candy Market, By Regions |
8. Canada Candy Market |
8.1. Canada Candy Market, By Product Type |
8.1. Canada Candy Market, By Distribution |
8.1. Canada Candy Market, By Regions |
9. North America Candy Market Key Performance Indicators |
10. North America Candy Market - Opportunity Assessment |
10.1. North America Candy Market Opportunity Assessment, By Product Type, 2019 & 2026F |
10.2. North America Candy Market Opportunity Assessment, By Distribution, 2019 & 2026F |
11. North America Candy Market - Competitive Landscape |
11.1. North America Candy Market Revenue Share, By Companies, 2019 |
11.2. North America Candy Market Competitive Benchmarking, By Operating and Technical Parameters |
12. Company Profiles |
13. Recommendations |
14. Disclaimer |