The North American confectionery market is anticipated to grow with a considerable CAGR during the forecast period (2020-2026). The confectionary market growth is mainly influenced by the growing demand for premium chocolate and various other good quality ethically sourced cocoa products. Additionally, the prevalence of obesity is also high across the region. According to the CDC’s survey, in 2019 approximately 40.0% of adults and 18.5% of children in the age range of 2 to 19 years in the US have obesity disorder. Hence, the high obesity rate across the region is driving the adoption of healthy products such as low calorie, high cocoa, and functional ingredient-based ingredients in the confectionery industry.
Browse the full report description North American Confectionery Market Size, Share & Trends Analysis Report By Type (Sugar Confectionery, Chocolate Confectionery, and Bakers Confectionery), By Distribution Channel (Supermarkets/ Hypermarkets, Convenience Stores, and Online Channel), Forecast Period 2020-2026 at https://www.omrglobal.com/industry-reports/north-american-confectionery-market
Furthermore, the fitness trend is also gaining considerable popularity across the region with more and more people opting for gym and health clubs. This is anticipated to increase the adoption of protein bars and other healthy ingredient-based confections. Moreover, the seasonal chocolate gifting trend across the region is also increasing the adoption of premium chocolate. In addition to this, strong campaigns are also aiding companies’ revenue with increasing the popularity of confectioneries among people. This in turn will also impact the growth of the North American confectionery market during the forecast period.
Market Coverage
o By Type
o By Distribution Channel
o US
o Canada
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region
North American Confectionery Market Report Segment
By Type
By Distribution Channel
North American Confectionery Market Report Segment- By Geography
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