North America Sugar Confectionery Market Outlook, 2026

The report titled 'North America Sugar Confectionery Market Outlook, 2026' published by identifies and discusses recent developments in sugar confectioneries across the region of North America. This report not only serves with the facts, figures, and forecasts but also has a detailed study about the Covid effect on the industry. As the name suggests, this sweet-tasting is loved by all age groups across the globe. The market has been in growth at a steady pace on account of the high demand from middle-class consumers. This market is divided into different product types of Hard Boiled Sweets, Plain Mints, Caramel/ Toffee, Chewy, Novelty, Licorice, Sugar-free, and Others; Children, Adult & Geriatric, in terms of age group, based on sales channel: Supermarket/Hypermarket, Convenience Stores, Pharmaceutical & Drug Stores, E-commerce & Others, and by region & country.

The overall confectionery market has experienced a significant evolution in the North America region, given being at a value of USD 11.47 Billion in the year 2015. The region has undergone a series of changes with concern to change in dynamics, consumption trends, socio-economic factors, and other cultural influences. The inclination towards being a sweet tooth is something that is never to end, which is to be the driving force of the market. Through the forecasted period, the market is expected to be growing at an anticipated CAGR of 3.36%.

In terms of product type, the market is highly inclined towards chewy confectionery, which resulted in 34% of the regional market share in the year 2020. However, the increasing health awareness and the instance of obesity in the region have been posing as an open threat to the industry. To cater to this issue, the marketers have now introduced the sugar-free confectionery segment, which through the forecasted period, is likely to be growing with an anticipated CAGR of 6.39%. Even though the sugar-free confectioneries can be termed as expensive in comparison to the regular variants, yet the segment is to flourish given the fact that, the consumers in the region don't mind paying extra for a quality product that satisfies their requirements.

By sales channel, the market is much clearly dominated by the convenience store segment which at the end of 2026 is to be contributing to more than 37% of the market. The market is also aided by the growing high-income class, who won't mind spending extra on premium quality and attractive packing. The rise of income in the smaller economies of the region is also a boosting factor in the coming period. Apart from this, the exchange of premium confectionery as a gift has increased in the region. Through the forecasted period, the pharmacy store, as well as the e-commerce sites, is to be showing considerable growth in the market share. Sugar confectionery has also now found a prominent place in the chocolate trade & fairs, which have also resulted in an incline in the rise of consumer awareness.

The North American sugar confectionery market is dominated by the adult age group segment, while the same is to be the fastest-growing segment in the studied period too. While the adult age group segment is to leading the major markets, it's only Canada that stands out. In Canada, the children age group segment dominates the market, which in the year 2020 was valued at USD 0.25 Billion. The major factor behind this is the high proportion of the under 20 age group and a higher fertility rate.

In the region, it US sugar confectionery market which contributes to the highest of nearly 85% in the year 2020. The major reason for this dominance is the presence of approximately 1000 companies in the country. Yet, on the other hand, the government regulations in regards to the sugar tax are the main market restraints. Despite a large number of manufacturers in the region, The Hershey Company and Mars Incorporated are the most popular and the dominating players.

The leading companies are focusing on improvising their global position by enhancing their product line and through mergers & acquisitions. Understanding the changes in lifestyles, companies are now innovating and introducing new products to cater to the customers' growing needs.

Companies Mentioned:

Mars Wrigley Confectionery, div. of Mars Inc., Ferrero Group, Haribo GmbH & Co. K.G., Perfetti Van Melle, Meiji Co. Ltd., Nestle SA, Hershey Co., LOTTE CONFECTIONERY CO., LTD., Mondelez International, Lindt & Sprungli AG

CONSIDERED IN THE REPORT

• Geography: North America
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2026

REGIONS COVERED:

• North America
• USA
• Canada
• Mexico

ASPECTS COVERED IN THE REPORT

• Global Market Size By Value for the time period (2015-2026F)
• North America Market Size By Value for the time period (2015-2026F)
• Country Wise Market Size By Value for the time period (2015-2026F)
• Market Share by Product Type (Hard Boiled Sweets, Plain Mints, Caramel/ Toffee, Chewy, Novelty, Licorice, Sugar-free, Others) By Value
• Market Share by Age Group (Children(1-20 Age), Adult (20-55) & Geriatric(55 and above)) By Value
• Market Share by Sales Channel (Supermarket/Hypermarket, Convenience Stores, Pharmaceutical & Drug Stores, E-commerce & Others) By Value

This report would help you answer the following questions:

• 1. What is the market size and forecast of the Sugar Confectionery Market?
• 2. What are the inhibiting factors and impact of COVID-19 shaping the Sugar Confectionery Market during the forecast period?
• 3. Which region outstands in the Sugar Confectionery Market?
• 4. Which are the segments to invest in over the forecast period in the Sugar Confectionery Market?
• 5. What is the competitive strategic window for opportunities in the Sugar Confectionery Market?
• 6. What are the technology trends and regulatory frameworks in the Sugar Confectionery Market?
• 7. What are the major companies in the Sugar Confectionery Market?