The confectionery market in the US to grow at a CAGR of 1.57% by revenue during the period 2016-2020.
Confectionery Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend which is expected to drive market growth is the demand for sugar-free confectionery products. With changing consumer preferences, food processing companies now have low-calorie and sugar-free alternatives as part of their product lines. Consumers are increasingly substituting sugar confectionery with low-calorie sweeteners. This has created a surge in demand for sugar-free confectionery. These provide sweetness levels comparable to sugar confectionery products at much smaller quantities than sugar. Sugar-free products are more evident in sectors such as mints and medicated confectionery, driven by brand activity from manufacturers such as Wrigley.
According to the report, a key growth driver is the availability of a wide range of products. The consumer's choice of packaged food items depends on the availability of the products in the market. The larger the number, the higher the chance of consuming multivariate products. The availability of a wide range of products is also driving the sugar confectionery market.
- Chocoladefabriken Lindt & Spruengli
- Mondelez International
- Perfetti Van Melle
- Wm. Wrigley Jr. Company
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Economy overview
Part 06: Market landscape
Part 07: Market segmentation by product
Part 08: Market segmentation by distribution channel
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/bfsh65/confectionery