The United States confectionary market is suggested to have reached a value of around USD 28 billion at the beginning of 2007, and is estimated to have totalled around USD 32 billion by the start of 2012. It is forecast that by 2017 the value of the Germany confectionary market will around USD 37 billion.
The industry is suggested to have grown at a CAGR growth rate of around 2.7% between 2007 and 2012, and is forecast to witness a slight increase in growth over the forecast period, growing 3.07% between 2012 and 2017.
In terms of categories, 'Chocolate' is forecast to continue as the largest sector in the industry, and will be valued at over USD 20 billion by 2017. The second largest category, 'Sugar Confectionary' will be worth around USD 13 billion by 2017. The fastest growing category is suggested to be 'Chocolate', which will grow at a CAGR growth rate of around 3.2% between 2012 and 2017.
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