North-American Chocolate Confectionery Market Research Report - Forecast to 2027

North American Chocolate Confectionery Market Research Report: by type (milk, dark, white) by category (chocolate bars, candies.) by distribution channel (store based, non store based), by country (US, Canada, Mexico) - Forecast period from 2020 to 2027

ID: MRFR/F-B & N/1000-HCR | February 2021 | Region: Global | 90 pages

Market Scenario



North American Chocolate Confectionery Market
is undergoing slow growth, owing to the changing consumer preference and increasing inclination towards healthier, natural, and clean label products. Furthermore, growing availability of a range of other snack products, such as nuts and meat snacks, have further impacted the growth of the chocolate confectionery market.


Key players in the region are emphasizing on innovation in chocolate confectionery products which is expected to support market growth in the region during the forecast period. Introduction of products with new flavors, such as lemon zest, chocolate products induced with different vegetables, fruits and nuts are gaining popularity among consumers, which will further expected to boost the market growth during the forecast period. Moreover, launches of miniature versions of popular products are expected to boost sale as they contain fewer calories comparatively.


Furthermore, key players are adopting various strategies to attract consumers and boost the market growth such as partnering with celebrities and famous sports personalities to endorse a product, launching new products during festive seasons to drive revenue generation, and creating a presence in digital space to provide consumers with the convenience of home shopping.


Segmentation


The North American chocolate confectionery market has been segmented into type, category, distribution channel, and country.


Based on type, the market has been segmented into milk, dark, white. Milk chocolate is a popular choice among consumers and holds a major market share. The dark chocolate segment is expected to dominate the market during the forecast period owing to health benefits of dark chocolates, including their antioxidant properties.


Based on category, the North American chocolate confectionery market has been segmented into chocolate bars, candies, and others.


Based on the distribution channel, chocolate confectionery market in North America has been segmented into store based and non store based. Store based category is further segmented into supermarkets/hypermarkets, convenience store, and others, while e-commerce websites are categorized under the non store based category. The store based segment is expected to show significant growth during the forecast period owing to strong consumer base and a wide variety of product.


Based on country, the market has been segmented into the US, Canada, and Mexico. The US is expected to dominate the North American chocolate confectionery market.


Key players


Mondelez (US), Mars (US), Blommer (US), Puratos (Belgium), Foley’s Candies LP (Canada), Cargill (US), Nestle SA (Switzerland), Hershey (US), Barry Callebaut (Switzerland), Guittard Chocolate Company (US), Valrhona (France), Alpezzi Chocolate (Mexico), Ghirardelli (US), Ferrero (Italy), Republica del Cacao (Ecuador), and Scharffen Berger (US)


Regional Market Summary


North American chocolate confectionery Market Share (%), by Region, 2018


North American chocolate confectionery Market Share


Source: Secondary Source, MRFR Analysis


The US is expected to hold the largest share of North American chocolate confectionery market followed by Canada and Mexico. Growing demand for low sugar confectionery products, innovative products  such as  protein bars  and introduction of  chocolate products with nuts and fruits  in the market is supporting the growth of the North American chocolate confectionery market.


North American chocolate confectionery Market, by Type



  • Milk

  • Dark

  • White


Market by category



  • Chocolate bars

  • Candies

  • Others


Market by Distribution channel



  • Store Based


Supermarkets/Hypermarkets


Convenience Store


Others



  • Non Store based


Market by Country



  • North America

  • US

  • Canada

  • Mexico


Intended Audience



  • Cocoa bean producers and suppliers

  • Raw material suppliers and distributors

  • Regulatory bodies

  • Importers and exporters of chocolate confectionery

  • Trade association and industrial bodies

  • End-use industries

  • Supplier of food processing technology

  • Confectionery manufacturers and suppliers



TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Function

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce

4.1.4 End-Users

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Internal Rivalry

5 Market Dynamics of North American Chocolate Confectionery Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6. North American Chocolate Confectionery Market, by Type

6.1 Introduction

6.2 Milk

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast, by Country, 2020-2027

6.3 Dark

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast, by Country, 2020-2027

6.4 White

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast, by Country, 2020-2027

7. North American Chocolate Confectionery Market, by Category

7.1 Introduction

7.2 Chocolate bars

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast, by Country, 2020-2027

7.3 Candies

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast, by Country, 2020-2027

7.4 Others

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast, by Country, 2020-2027

8. North American Chocolate Confectionery Market, by Distribution channel

8.1 Introduction

8.2 Store Based

8.2.1 Supermarkets/Hypermarkets

8.2.2 Convenience Store

8.2.3 Others

8.3 Non-Store based

9. North American Chocolate Confectionery Market, by Country

9.1 Introduction

9.2 North America

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast, by Type, 2020-2027

9.2.3 Market Estimates & Forecast, by Category, 2020-2027

9.2.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

9.2.5 US

9.2.5.1 Market Estimates & Forecast, 2020-2027

9.2.5.2 Market Estimates & Forecast, by Type, 2020-2027

9.2.5.3 Market Estimates & Forecast, by Category, 2020-2027

9.2.5.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

9.2.6 Canada

9.2.6.1 Market Estimates & Forecast, 2020-2027

9.2.6.2 Market Estimates & Forecast, by Type, 2020-2027

9.2.6.3 Market Estimates & Forecast, by Category, 2020-2027

9.2.6.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

9.2.7 Mexico

9.2.7.1 Market Estimates & Forecast, 2020-2027

9.2.7.2 Market Estimates & Forecast, by Type, 2020-2027

9.2.7.3 Market Estimates & Forecast, by Category, 2020-2027

9.2.7.4 Market Estimates & Forecast, by Distribution channel, 2020-2027

10. Company Landscape

10.1 Introduction

10.2 Market Strategy

10.3 Key Development Analysis

(Expansions/ Mergers and Acquisitions/ Joint Ventures/ New Product Developments/ Agreements/ Investments

11. Company Profiles

11.1 Mondelez International, Inc (US)

11.1.1 Company Overview

11.1.2 Financial Updates

11.1.3 Product/Business Segment Overview

11.1.4 Strategy

11.1.5 Key Developments

11.1.6 SWOT Analysis

11.2 Mars Food US, LLC (US)

11.2.1 Company Overview

11.2.2 Financial Updates

11.2.3 Product/Business Segment Overview

11.2.4 Strategy

11.2.5 Key Developments

11.2.6 SWOT Analysis

11.3 Blommer Chocolate Co (US)

11.3.1 Company Overview

11.3.2 Financial Updates

11.3.3 Product/Business Segment Overview

11.3.4 Strategy

11.3.5 Key Developments

11.3.6 SWOT Analysis

11.4 Puratos Group (Belgium)

11.4.1 Company Overview

11.4.2 Financial Updates

11.4.3 Product/Business Segment Overview

11.4.4 Strategy

11.4.5 Key Developments

11.4.6 SWOT Analysis

11.5 Foley’s Candies LP (Canada)

11.5.1 Company Overview

11.5.2 Financial Updates

11.5.3 Product/Business Segment Overview

11.5.4 Strategy

11.5.5 Key Developments

11.5.6 SWOT Analysis

11.6 Cargill Inc. (US)

11.6.1 Company Overview

11.6.2 Financial Updates

11.6.3 Product/Business Segment Overview

11.6.4 Strategy

11.6.5 Key Developments

11.6.6 SWOT Analysis

11.7 Nestle SA (Switzerland)

11.7.1 Company Overview

11.7.2 Financial Updates

11.7.3 Product/Business Segment Overview

11.7.4 Strategy

11.7.5 Key Developments

11.7.6 SWOT Analysis

11.8 The Hershey Company (US)

11.8.1 Company Overview

11.8.2 Financial Updates

11.8.3 Product/Business Segment Overview

11.8.4 Strategy

11.8.5 Key Developments

11.8.6 SWOT Analysis

11.9 Barry Callebaut AG (Switzerland)

11.9.1 Company Overview

11.9.2 Financial Updates

11.9.3 Product/Business Segment Overview

11.9.4 Strategy

11.9.5 Key Developments

11.9.6 SWOT Analysis

11.10 Guittard Chocolate Company (US)

11.10.1 Company Overview

11.10.2 Financial Updates

11.10.3 Product/Business Segment Overview

11.10.4 Strategy

11.10.5 Key Developments

11.10.6 SWOT Analysis

11.11 Valrhona (France)

11.11.1 Company Overview

11.11.2 Financial Updates

11.11.3 Product/Business Segment Overview

11.11.4 Strategy

11.11.5 Key Developments

11.11.6 SWOT Analysis

11.12 Alpezzi Chocolate (Mexico)

11.12.1 Company Overview

11.12.2 Financial Updates

11.12.3 Product/Business Segment Overview

11.12.4 Strategy

11.12.5 Key Developments

11.12.6 SWOT Analysis

11.13 Ghirardelli Co. (US)

11.13.1 Company Overview

11.13.2 Financial Updates

11.13.3 Product/Business Segment Overview

11.13.4 Strategy

11.13.5 Key Developments

11.13.6 SWOT Analysis

11.14 Ferrero SpA (Italy)

11.14.1 Company Overview

11.14.2 Financial Updates

11.14.3 Product/Business Segment Overview

11.14.4 Strategy

11.14.5 Key Developments

11.14.6 SWOT Analysis

11.15 Scharffen Berger Chocolate Maker Inc (US)

11.15.1 Company Overview

11.15.2 Financial Updates

11.15.3 Product/Business Segment Overview

11.15.4 Strategy

11.15.5 Key Developments

11.15.6 SWOT Analysis

12. Conclusion

LIST OF TABLES

Table 5 North America Chocolate Confectionery Market by, Country, 2020-2027, (USD Million)

Table 6 North America Chocolate Confectionery Market by, Type, 2020-2027, (USD Million)

Table 7 North America Chocolate Confectionery Market by, Category, 2020-2027, (USD Million)

Table 8 North America Chocolate Confectionery Market by, Distribution channel, 2020-2027, (USD Million)

Table 9 US Chocolate Confectionery Market by, Type, 2020-2027, (USD Million)

Table 10 US Chocolate Confectionery Market by, Category, 2020-2027, (USD Million)

Table 11 US Chocolate Confectionery Market by, Distribution channel, 2020-2027, (USD Million)

Table 12 Canada Chocolate Confectionery Market by, Type, 2020-2027, (USD Million)

Table 13 Canada Chocolate Confectionery Market by, Category, 2020-2027, (USD Million)

Table 14 Canada Chocolate Confectionery Market by, Distribution channel, 2020-2027, (USD Million)

Table 15 Mexico Chocolate Confectionery Market by, Type, 2020-2027, (USD Million)

Table 16 Mexico Chocolate Confectionery Market by, Category, 2020-2027, (USD Million)

Table 17 Mexico Chocolate Confectionery Market by, Distribution channel, 2020-2027, (USD Million)

LIST OF FIGURES

FIGURE 1 North American Chocolate Confectionery Market Segmentation

FIGURE 2 Forecast Research Methodology

FIGURE 3 Five Forces Analysis of North American Chocolate Confectionery Market

FIGURE 4 Value Chain of North American Chocolate Confectionery Market

FIGURE 5 Share of North American Chocolate Confectionery Market in 2020, by Country (%)

FIGURE 6 North American Chocolate Confectionery Market, 2020-2027,

FIGURE 7 North American Chocolate Confectionery Market Size by Type, 2020

FIGURE 8 Share of North American Chocolate Confectionery Market, by Type, 2020-2027

FIGURE 9 North American Chocolate Confectionery Market Size by Category, 2020

FIGURE 10 Share of North American Chocolate Confectionery Market, by Category, 2020-2027

FIGURE 11 North American Chocolate Confectionery Market Size, by Distribution channel, 2020

FIGURE 12 Share of North American Chocolate Confectionery Market, by Distribution channel, 2020-2027