IndexBox has just released a new report “U.S. Chocolate And Confectionery Market – Analysis And Forecast to 2025“.
According to the report, the value of chocolate and confectionery production in the U.S. amounted to $4.6B in 2016, jumping by +1.8% from the previous year. Overall, the U.S. chocolate and confectionery output pursued a moderate growth from 2007 to 2016. The total output figures increased at an average annual rate of +1.9%. The trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most noticeable growth was recorded in 2010, when the value of production increased by +9% against the previous year level. Over the period under review, the output figure with regard to chocolate and confectionery in the United States attained its maximum level of $4.7B in 2011. Afterwards, the growth in terms of the chocolate and confectionery production failed to regain its strength through to 2016.
Other chocolate and cocoa products, made from cacao beans accounted for the highest share (37% in 2016) of U.S. chocolate and confectionery manufacturing, leaving a considerable room for chocolate and chocolate-type confectionery products, made from cacao beans (34%). The other related products with less notable individual shares together comprised approx. 28% of the total output. From 2008 to 2016, the value of shipments of other chocolate and cocoa products, made from cacao beans picked up at an average annual rate of +0.2%. At the same time, the output of chocolate and chocolate-type confectionery products, made from cacao beans went up by an average +1.7% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. chocolate and confectionery industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the chocolate and confectionery industry. The report provides a forecast of the expected changes in the chocolate and confectionery market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the chocolate and confectionery trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Chocolate coatings, made from cacao beans; Chocolate and chocolate-type confectionery products, made from cacao beans; Other chocolate and cocoa products, made from cacao beans; Chocolate and confectionery manufacturing from cacao beans, nsk, total.
Hershey Company, Barry Callebaut USA, Godiva Chocolatier, Guittard Chocolate Co., The Warrell Corporation, World’s Finest Chocolate, Astor Chocolate Corp., Champlain Chocolate Company, Elmer Candy Corporation, Madelaine Chocolate Novelties, Mars Retail Group, Sweetworks, Frankford Candy, Lake Country Foods, Trufood Mfg., T R Toppers, Totally Chocolate, Rocky Mountain Chocolate Factory, Hawaiian Host, Blommer Chocolate Company of California, London Harry Candies, Cargill Cocoa & Chocolate, Fantasy Chocolates, Lindt & Sprungli (usa), Karl Bissinger, Rocky Mountain Chocolate Factory.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
– International official statistical agencies
– Governmental statistical agencies
– Official trade statistics
– Paid trade databases
– Industrial associations
– Company reports
– Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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