May 23rd 2016 Mumbai, India: Bharatbook.com announces a report on “ United States Chocolate Market By Type, By Age Group, By Point of Sale, Competition Forecast and Opportunities, 2011-2021 ”. Presence of a wide and organized distribution network of retail stores and hypermarkets/supermarkets in the country is also contributing to boosting sales of chocolates in the US, with supermarkets/hypermarkets accounting for the largest share in 2015.
United States is the largest chocolate market in the world. Surging demand for premium, dark and sugar free chocolates; changing consumer taste and preferences; increasing use of chocolates in food and beverages, cosmetic and pharmaceutical industries; and growing chocolate gifting culture during festivals and special occasions are few of the key factors driving the chocolate market in the US. Increasing trend of setting up exclusive stores, selling products through online channels and expanding distribution channels are few other factors that are positively influencing the country’s chocolate market. Growing dark chocolate consumption is also being witnessed in the country, primarily on account of dark chocolates being rich in antioxidants, besides aiding in preventing cardiac arrests and several other diseases.
According to this report “ United States Chocolate Market By Type, By Age Group, By Point of Sale, Competition Forecast and Opportunities, 2011-2021”, chocolate market in the US is projected to cross US$ 30 billion by 2021, on account of increasing product offerings by private label brands at affordable prices coupled with shifting consumer preference towards chocolates with health benefits. In 2015, US chocolate market was dominated by countline and seasonal chocolate segments, which accounted for a cumulative revenue share of around 65% in the country’s chocolate market. Presence of a wide and organized distribution network of retail stores and hypermarkets/supermarkets in the country is also contributing to boosting sales of chocolates in the US, with supermarkets/hypermarkets accounting for the largest share in 2015. Hershey’s, Mars, Lindt & Sprungli and Nestle are few of the leading market players operating in the US chocolate market. “United States Chocolate Market By Type, By Age Group, By Point of Sale, Competition Forecast and Opportunities, 2011-2021” discusses the following aspects of the chocolate market in the US:
The information contained in this report is based upon both primary and secondary sources. Primary research includes interviews with chocolate manufacturers and industry experts. Secondary research includes an exhaustive search of relevant publications such as company annual reports, financial reports and other proprietary databases.
For more information kindly visit : https://www.bharatbook.com/confectionery-market-research-reports-759427/chocolate-united-states.html
About Bharat Book Bureau :
Bharat Book Bureau is the leading market research information provider for market research reports, company profiles, industry analysis, country reports , business reports, newsletters and online databases Bharat Book Bureau provides over a million reports from more than 400 publishers around the globe. We cover sectors starting from Aeronautics to Zoology.
In case the reports don’t match your requirement then we can do a specialized Custom Research for you. Our multifarious capabilities, cross-sector expertise and detailed knowledge of various markets, put us in a unique position to take up Custom Research demands of yourself.
Contact us at :
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Follow us on Facebook: https://www.facebook.com/BharatBook3B
Follow us on Twitter: https://twitter.com/researchbook
Follow us on Linked In : http://www.linkedin.com/company/bharat-book-bureau
Our Blog : https://www.bharatbook.com/blog/
Bharat Book Bureau, the leading market research information aggregator provides market research reports, company profiles, country reports, newsletters, and online databases for the past twenty four years to corporate, consulting firms, academic institutions, government departments, agencies etc., globally, including India. Our market research reports help global companies to know different market before starting up business / expanding in different countries across the world.