Opportunities in the Americas Confectionery Sector - Analysis of Opportunities Offered by High Growth Economies

  • ID: 4538972
  • Report
  • Region: Americas, North America, South America
  • 102 pages
  • GlobalData
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FEATURED COMPANIES

  • Grupo Arcor
  • Grupo Bimbo
  • Mars Inc.
  • Nestlé S.A.
  • S.A.B. de C.V.
  • The Hershey Company
  • MORE
Opportunities in the Americas Confectionery Sector - Analysis of Opportunities Offered by High Growth Economies

Summary

The global confectionery sector was valued at over US$164 billion in 2017 and is forecast to reach about US$203 billion by 2022, growing at a CAGR of 4.3% during 2017-2022. The Americas was the largest market in the global confectionery sector, accounting for a value share of about 34.2% in 2017, followed by Asia-Pacific with a value share of more than 23% in the same year.

Of the three categories, chocolate products accounted for the largest value share of over 55% in 2017 in the Americas, while sugar confectionery was the second-largest category, registering a value share of more than 32%. With a projected CAGR of around 4.6% during 2017-2022, the sugar confectionery category is set to record the fastest growth among all confectionery categories in the Americas.

In the Americas region, the US, Mexico, Canada, and Chile were identified as the high potential countries for confectionery products, as stable economic and political conditions promise good growth opportunities for both innovative and premium confectionery products. While the US is estimated to lead in terms of value growth over 2017-2022, Chile is expected to witness the highest growth in terms of volume during the same period.

The confectionery sector in the Americas is fragmented with the top five brands - Trident, Kisses, Extra Dark, M&M’s, and Halls - accounting for a combined value share of 10.5% in 2017. Private label products accounted for a 2.2% share of total value sales.

In the Americas, hypermarkets & supermarkets led sales of confectionery products with a total value share of more than 37% in 2017. Convenience stores and food & drinks specialists are the other leading distribution channels with value shares of above 22% and 13% respectively.Flexible packaging accounted for the largest share of packaging materials in the Americas confectionery sector with a volume share of over 80% in 2017.

The report "Opportunities in the Americas Confectionery Sector", provide a comprehensive overview of the Americas confectionery sector.

In depth, this report provides the following analysis:
  • Sector overview: Provides overview of the sector size, value and volume growth analysis, across regions.
  • Change in consumption: Analysis on the shift in consumption of confectionery by category across the key countries in the Americas region.
  • High potential countries: Provides Risk-Reward analysis of top four high potential countries in the Americas region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
  • Country analysis: Provides deep-dive analysis of four high potential countries covering value growth during 2017-2022, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
  • Brand Analysis: Provides an overview of leading brands in the Americas region, besides analyzing the growth of private labels in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels for skincare across the key countries in the Americas region, in 2017. It covers five distribution channels: hypermarkets & supermarkets, convenience stores, health & beauty stores, drugstores & pharmacies, and others, which include cash & carries and warehouse clubs, ‘dollar stores’, e-retailers, and department stores.
  • Preferred packaging formats: The report provides percentage share (in 2017) and growth analysis (during 2012-2022) for various package materials, pack type, closure type, and primary outer types based on the volume sales (by pack units) of confectionery.
Companies mentioned in this report: The Hershey Company, Mars, Inc., Mondelez International, Inc.,Nestlé S.A.,Chocoladefabriken Lindt & Sprüngli AG, Grupo Bimbo, S.A.B. de C.V., Grupo Arcor

Scope

This report brings together multiple data sources to provide a comprehensive overview of the Americas confectionery sector. It includes analysis on the following:
  • Sector overview: Provides overview of the sector size, value and volume growth analysis, across regions.
  • Change in consumption: Analysis on the shift in consumption of confectionery by category across the key countries in the Americas region.
  • High potential countries: Provides Risk-Reward analysis of top four high potential countries in the Americas region based on market assessment, economic development, socio-demographic, governance indicators, and technological infrastructure.
  • Country analysis: Provides deep-dive analysis of four high potential countries covering value growth during 2017-2022, key challenges, consumer demographics, and key trends supported with product examples. It also includes analysis of the key challenges faced and future outlook for the region.
  • Brand Analysis: Provides an overview of leading brands in the Americas region, besides analyzing the growth of private labels in the region.
  • Key distribution channels: Provides analysis on the leading distribution channels for skincare across the key countries in the Americas region, in 2017. It covers five distribution channels: hypermarkets & supermarkets, convenience stores, health & beauty stores, drugstores & pharmacies, and others, which include cash & carries and warehouse clubs, ‘dollar stores’, e-retailers, and department stores.
  • Preferred packaging formats: The report provides percentage share (in 2017) and growth analysis (during 2012-2022) for various package materials, pack type, closure type, and primary outer types based on the volume sales (by pack units) of confectionery.
Reasons to buy
  • Manufacturing and retailers seek latest information on how the market is evolving to formulate their sales and marketing strategies. There is also demand for authentic market data with a high level of detail. This report has been created to provide its readers with up-to-date information and analysis to uncover emerging opportunities of growth within the sector in the region.
  • The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis , that can help companies gain insight into the country specific nuances
  • The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion
  • To gain competitive intelligence about leading brands in the sector in the region with information about their market share and growth rates.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Grupo Arcor
  • Grupo Bimbo
  • Mars Inc.
  • Nestlé S.A.
  • S.A.B. de C.V.
  • The Hershey Company
  • MORE
1. Executive summary

2. Market size and growth analysis (regional analysis)
  • Market size analysis - Americas compared to other regions
  • Americas - analysis by region
  • Growth analysis by region
  • Growth analysis by country
  • Growth analysis by sector
  • 3.Identifying high potential countries in the Americas
  • Identifying high potential countries - methodology
  • High potential countries
  • Identifying high potential countries - risk, reward, and opportunity analysis
4. Market size and growth analysis (high potential countries in the Americas)
  • High potential countries in the Americas - overview
  • Growth contribution analysis by country (1/2)
  • Growth contribution analysis by country (2/2)
  • Share of confectionery compared to other food sectors
  • Change in consumption levels by country and confectionery categories
  • Per capita consumption analysis
  • Per capita expenditure analysis
5. Country Profiles (high potential countries in the Americas)
  • US
  • Mexico
  • Canada
  • Chile
6. Success Stories
  • Confectionery in the Americas: case studies
7. Company and brand analysis
  • Brand share analysis in the different confectionery category
  • Leading companies in the Americas confectionery sector
  • Leading brands in the Americas confectionery sector
  • Private label penetration in the confectionery categories
8. Health & wellness analysis
  • Health & wellness analysis - overview
  • Health & wellness analysis - growth contribution by country
  • Health & wellness analysis - key product attributes and consumer benefits
  • Health & wellness analysis - key product attributes and consumer benefits
  • Leading health & wellness companies by market share
9. Key Distribution channels
  • Leading distribution channels by country
  • Leading distribution channels by sector
10. Key packaging formats
  • Growth analysis by key package material and pack type
  • Growth analysis by closure type and primary outer type
11. Challenges and future outlook
  • Key challenges
  • Future outlook
12. Appendix

List of Tables
  • Regional comparison: market size, growth, and per capita analysis, 2017-2022
  • Americas - analysis by region
  • Countries covered in North America and South America
  • High potential countries in the Americas - overview
  • Value share of confectionery sector as a proportion of overall food by country, 2017
  • Change in consumption by category in confectionery sector (value terms), 2017-2022
  • Per capita consumption by sector in the Americas and high potential countries, 2017
  • Per capita expenditure by sector in the Americas and high potential countries, 2017
  • The US, key sector value share, 2017
  • The US, consumption by age group
  • Mexico, key sector value share, 2017
  • Mexico, consumption by age group
  • Canada, key sector value share, 2017
  • Canada, consumption by age group
  • Chile, key sector value share, 2017
  • Chile, consumption by age group
  • Leading companies in the Americas confectionery category by value, 2017
  • Leading brands in the Americas confectionery category by value sales (US$ million), 2017
  • Private label penetration (in value terms) in the confectionery sector, 2017
  • Health & wellness value and its share in overall sales, 2012-2022
  • Health & wellness - shares across countries - Americas, 2017
  • Leading distribution channels in the Americas by countries (by value), 2017
  • Leading distribution channels in the Americas region by category, 2017
List of Figures
  • Annual value growth analysis by region (2017-2022)
  • Annual volume growth analysis by region (2017-2022)
  • Value and volume growth analysis by country (2017-2022)
  • Value and volume growth analysis by sector in the Americas (2017-2022)
  • Top four high potential countries in the Americas
  • Country level contribution to the growth of chocolate category in the Americas, 2017-2022
  • Country level contribution to the growth of gum category in the Americas, 2017-2022
  • Country level contribution to the growth of sugar confectionery category in the Americas, 2017-2022
  • US confectionery - demographic analysis
  • Mexico confectionery - demographic analysis
  • Canada confectionery - demographic analysis
  • Chile confectionery - demographic analysis
  • Country level contribution to the growth of health & wellness in the Americas confectionery sector, 2017-2022
  • Key package material volume (units) share, 2017, unit volume growth by package material (2017-2022)
  • Key pack type volume (units) share, 2017, unit volume growth by pack type (2017-2022)
  • Key closure type volume (units) share, 2017, unit volume growth by closure type (2017-2022)
  • Key primary outer type volume (units) share, 2017, unit volume growth by primary outer type (2017-2022)
Note: Product cover images may vary from those shown
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  • The Hershey Company
  • Mars Inc.
  • Mondelez International Inc.
  • Nestlé S.A.
  • Chocoladefabriken Lindt & Sprüngli AG
  • Grupo Bimbo
  • S.A.B. de C.V.
  • Grupo Arcor
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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