The North America chocolate confectionery market is on track for a substantial increase of USD 11.6 billion, indicating a compound annual growth rate (CAGR) of roughly 5.5% during the forecast period from 2024 to 2029. The North American chocolate confectionery market is driven by high per capita consumption and a strong culture of gifting chocolates during festive seasons. Consumer demand for healthier, functional chocolates, such as those with added protein or lower sugar content, is on the rise. Additionally, innovations in flavor and packaging, along with increasing sales through e-commerce channels, are shaping market dynamics.
The report delivers an in-depth analysis of the North America chocolate confectionery industry, offering extensive market data such as historical market size, growth trajectories, and forward-looking projections. It thoroughly examines key market categories and subcategories, emphasizing critical elements like product type, type, distribution channel and country. By offering this detailed analysis, the report assists in uncovering the untapped potential of the chocolate confectionery market.
Market Segmentation
The following outlines the segmentation of the North America chocolate confectionery market:
Product type: boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, seasonal chocolates
Type: regular, sugar-free
Distribution channel: beauty and personal care stores, department stores, direct selling, e-commerce, hair salons, pharmacies, supermarkets and hypermarkets, warehouse clubs, others
Country: USA, Canada
The chocolate confectionery market in North America is segmented based on product type, type, distribution channel and country. In terms of product type, the market is segmented into boxed chocolates, countlines, pouches and bags, tablets, chocolate with toys, and seasonal chocolates. Type segmentation includes regular, and sugar-free. Distribution channel segmentation comprises beauty and personal care stores, department stores, direct selling, e-commerce, hair salons, pharmacies, supermarkets and hypermarkets, warehouse clubs, and others. Geographically, the market encompasses USA and Canada.
Competitive Landscape
The competitive landscape of the chocolate confectionery market features leading companies such as The Hershey Company, See’s Candies Inc., Pladis Foods Limited, Nutriart Inc., Nestle S.A., Mondelez International Inc., Mars Incorporated, Ganong Bros. Limited, Ferrero International S.A. and Chocoladefabriken Lindt & Sprungli AG.
This report delivers an in-depth examination of leading companies in the chocolate confectionery sector, analyzing their performance from 2019 to 2023. The results indicate changes in market share, emphasizing both established leaders and new entrants.
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Anticipate the future trajectory of the North America chocolate confectionery market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents
TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
North America Chocolate Confectionery Market – Product Type Analysis
North America Chocolate Confectionery Market – Type Analysis
North America Chocolate Confectionery Market – Distribution Channel Analysis
North America Chocolate Confectionery Market – Country Analysis
Key Players and Market Share
– The Hershey Company
– See’s Candies, Inc.
– Pladis Foods Limited
– Nutriart, Inc.
– Nestle S.A.
– Mondelez International Inc.
– Mars, Incorporated
– Ganong Bros., Limited
– Ferrero International S.A.
…
Macroeconomic Data and Forecast
Disclaimer
FIGURES AND TABLES
Table North America Chocolate Confectionery Market 2019-2029
Chart North America Chocolate Confectionery Market, Net Growth, 2019-2029
Chart North America Chocolate Confectionery Market, Growth Rates, 2019-2029
Table North America Chocolate Confectionery Market by Product Type, 2019-2029
Chart North America Chocolate Confectionery Market by Product Type, CAGR Historic and Forecast, 2019-2029
Chart North America Chocolate Confectionery Market by Product Type, 2019-2029
Table North America Chocolate Confectionery Market by Type, 2019-2029
Chart North America Chocolate Confectionery Market by Type, CAGR Historic and Forecast, 2019-2029
Chart North America Chocolate Confectionery Market by Type, 2019-2029
Table North America Chocolate Confectionery Market by Distribution Channel, 2019-2029
Chart North America Chocolate Confectionery Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart North America Chocolate Confectionery Market by Distribution Channel, 2019-2029
Table North America Chocolate Confectionery Market by Country, 2019-2029
Chart North America Chocolate Confectionery Market by Country, CAGR Historic and Forecast, 2019-2029
Chart North America Chocolate Confectionery Market by Country, 2019-2029
Table North America Chocolate Confectionery Market Share (%), by Companies, 2019-2023
Chart North America Chocolate Confectionery Market, by Companies, 2023
Table North America Chocolate Confectionery Market Share (%), by Brands, 2019-2023
Chart North America Chocolate Confectionery Market, by Brands, 2023
Table North America – Population (Millions) and Forecast
Table North America – Consumer Price Index (CPI) and Forecast
Table North America – Gross Domestic Product and Forecast
Table North America Chocolate Confectionery Market: Spend as a Proportion of GDP (%)
Table North America Chocolate Confectionery Market: Consumption per Capita (Population)
Companies Mentioned
The Hershey Company
See’s Candies, Inc.
Pladis Foods Limited
Nutriart, Inc.
Nestle S.A.
Mondelez International Inc.
Mars, Incorporated
Ganong Bros., Limited
Ferrero International S.A.
Chocoladefabriken Lindt & Sprungli AG