U.S. Chocolate Market Report - Analysis of One of the Largest Markets Worldwide

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/0993f9/u_s_chocolate_mar) has announced the addition of the "U.S. Chocolate Market" report to their offering.

The US confectionery market is one of the largest markets worldwide. Most of the confectionery items are sold through supermarkets, convenience stores and drug stores. The US Confectionery market was seen as a recession resistant category with retail sales increasing by 5.6% in 2009 compared to previous year. The growth was mainly attributed to hike in manufacturers prices as well as rise in purchasing trends of chocolates. Both exports and imports of confectionery products in the US remained stagnant in 2009.

The chocolate segment accounts for the maximum share of the overall confectionery market in the US. The inherent characteristic of this segment is that it is the most impulsive food product. However, the chocolate market was affected by sugar supply constraint that is expected to prevail in 2010 also. The demand for premium chocolate will persist and is expected to expand by 2011. With rising consumer consciousness for health-related issues, there has been a shift towards healthy and low calorie chocolate products. In addition, increasing consumer income, rise in new product launches and improving economic conditions will be driving the overall the US chocolate market sales.

Issues related to the market include rising candy taxes, usage of artificial colors and limited supply of sugar. Major chocolate manufacturing companies in the US are Hershey, Nestle and Cadbury. Countries with fast-growing middle-classes and large populations like China and India are also regarded as potentially huge international trade markets for chocolate manufacturers.

The present report offers an analysis of the US Chocolate market and discusses major market trends, growth drivers, and major challenges faced by the industry. In addition, the report also gives detailed profiling of major chocolate manufacturers in the US.

Key Topics Covered:

1. Global Overview: Confectionery Market

2. The US Confectionery Market

3. The US Chocolate Market

4. Market Trends

5. Growth Drivers

6. Key Challenges

7. Competitive Landscape

8. Company Profiles

9. Market Forecast

Companies Mentioned:

• Hershey
• Cadbury
• Nestle