Today: February 10, 2016, 9:56 am

United States chocolate confectionery market: $21 billion industry by 2017
Chocolate Confectionery in the US - a new market research report on 2014-03-12 20:05:01
Chocolate confectionery in the US continues to be dominated by two companies. In 2012, The Hershey Co and Mars together account for nearly 70% of overall value sales. Lindt & Sprüngli USA Inc is expected to see the largest increase in value sales in 2012 of 9% to reach US$481 million. This is due primarily to increasing flavour variety and improved distribution to more drug and mass-market channels of its premium chocolate tablets. In addition, Lindt truffles continue to remain popular with consumers.

In 2012, chocolate confectionery is set to grow by 4% in current value terms, a slightly stronger performance than the review period average. This growth largely stems from increasing consumer demand for premium products as well as the higher prices introduced by many of the leading manufacturers. These factors have also contributed to an expected 4% decline in volume sales in 2012.

Over 2012-2017, chocolate confectionery is expected to register constant value growth of 9% to reach sales of US$21 billion. Higher prices and smaller pack sizes are expected to drive retail volume sales down by 1% over the forecast period.

The growth of chocolate confectionery will be in line with, if not slightly higher, than that of the review period. With a slightly depressed recovery expected for the US, chocolate will likely continue to maintain its position as an affordable indulgence. In addition, seasonal chocolate has seen a fairly substantial turnaround from previous years and renewed interest in this product type may also prove to be an additional driver of growth that the category did not enjoy previously.

Key Headlines

- Retail current value sales of chocolate confectionery expected to increase by 4% in 2012 to reach US$19.3 billion whilst retail volume sales are set to decline by 4%
- Premium and mass-market chocolate continue to make impressive strides due to packaging and flavour innovation
- A renewed focus by consumers on seasonal spending and indulging sees seasonal chocolate set to become the fastest growing category in 2012 with a current value gain of 6%
- Higher sales of premium chocolate as well as some price increases from major manufacturers see average unit price rise by 8% in 2012
- Mars and The Hershey Co together account for nearly 70% of sales of chocolate confectionery in the US in 2012
- Chocolate confectionery expected to grow by 9% in constant value terms over the forecast period to approach sales of US$21 billion by 2017

Click for report details: ..

Browse all Food and Drink Market Research Reports ..

Browse all Food and Drink Company Profile Reports ..

Browse all Latest Market Research Reports ..

About Us is a leading online business information aggregator with over 300,000 market reports and company profiles available to our clients. Our extensive range of reports are sourced from the leading publishers of business information and provide clients with the widest range of information available. In terms of company profiles,’s online database allows clients access to market and corporate information to over 100,000 different companies. We provide clients with a fully indexed database of information where clients can find specific market reports on their niche industry sectors of interest.

Press Information

Published by
Mike King
London: +44 (0) 203 086 8600

# 592 Words
Related Articles
More From Finance Announces New Trader Counsel Services
LONDON - Jan. 25, 2016 - British financial news source has announced that it will now be offering the [..] Offers Free Advice For Getting Completely [..]
Everyone has some degree of debt to deal with. Some folks have a lot of it, and they need to [..]
Offshore Processing slashes credit card processing costs [..]
High risk and high volume merchants engaged in unconventional trades, such as Adult Content, Adult Goods, Online Casinos, Online [..]
Real-Estate-Yogi Offers Free Advice to Returning Veterans [..]
Veterans of the United States are returning from active duty and need places to live. It is up to lenders [..]
The Experts at Explain How to [..]
Foreclosures have gone through a decrease over the past decade, but that doesn’t mean they don’t still happen. People who [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.